Nikmon

Haha, changing name soon, 2 years ago ex PNB CEO said investment in SAP is very little compared to their portfolio. Actually 4 years ago when PNB pump in 3-4 billion, it is GLC lia.

2 weeks ago

Mabel

Haha this is certainly very good news.

Thanks for sharing..

2 weeks ago

TalkNumberOne

I don’t understand how this is good news lol 😂😂😂

2 weeks ago

Robert Waters

This NEWS is simply FANTASTIC. You will only need to go to city centre to see someone in the headoffice.
Sure improved efficiency will improve earnings and PN17 will be lifted without any plan.
:-)

2 weeks ago

TalkNumberOne

😂😂😂

2 weeks ago

TalkNumberOne

where is uncle charcoal? Why no make noise hahaha 😂😂😂. Don’t la like that, I forgot to walk you around the neighbourhood, merajuk pulak. 狗性不改，还要吃粪吗？ uncle charcoal o uncle charcoal

2 weeks ago

gamble

sap to pnb menara. very good news!

2 weeks ago

Baby Shark

Next year tutup kedai..

2 weeks ago

Baby Shark

..and they open new company/companies

2 weeks ago

Mabel

Wah ever since Sapnrg announced to move to Menara PNB, our Lady Sapura is constantly in Pole Position with 16.7% rise....hihihi..

Meanwhile Data Centres counters continue to march forward..yum yum....

2 weeks ago

Mabel

Like that Mabel can continue Goyang Kaki loh....

2 weeks ago

TalkNumberOne

Haha Mabel you so bad. Knowing that uncle charcoal shivering don’t dare to come. You trolling uncle charcoal 😂😂😂😂

1 week ago

xiaoeh

mama said don't goyang kaki
u will goyang your fortune away
especially gal gal strictly don't suka suka goyang kaki...

1 week ago

SinGor

I just donT understand why PNB kick out Anuar Taib if its credential is impeccable for SAP ( now hired by
Sunway, a property developer, as independent Director, just makan gaji )---Maybe he is NOT suitable for
current restructuring bcos he is NOT a Banker-----Question is why take so long to Kick Him Out

1 week ago

Nikmon

The reason to request extent the restraints order, so kick him out and request extension from the court with the reason no CEO

1 week ago

Nikmon

Or he not well with PNB after new PNB CEO onboard, it is not first for Anuar, he was kick out from Petronas within 6 months..

1 week ago

TalkNumberOne

Haha brothers and sisters read between the lines. He gave a fix timeline that it will be done by May 2025. PNB thank him and reissue a statement about it is highly dependable on outcome

1 week ago

mf

Hospital declares critical incident over 'high' flu cases
Story by Jose Ramos • 4h • 1 min read

A major hospital has declared a critical incident due to 'exceptionally high' flu cases as patients are faced with up to 50 hours in A&E.

Patients at Liverpool Royal Hospital have been told to visit their GPs or to call 111 amid high numbers of people going to is A&E department, unless in an emergency.

On Monday the hospital declared a 'full capacity' emergency after some patients were found to have waited as long as 91 hours in the department before being treated.

This is a breaking news story, it will be updated soon.

1 week ago

Mabel

Wah...Wah...ever since Sapnrg announced to move to Menara PNB, our Lady Sapura is constantly in Pole Position with 16.7% rise....hihihi..

Meanwhile Data Centres counters continue to march forward..yum yum....

Gamuda today oledi touch RM 5.38 while KLCI is having period...

Like that Mabel can continue Goyang Kaki loh....

Meow Meow Meow

1 week ago

TalkNumberOne

Haha Mabel, uncle charcoal shivering hiding inside closet. 😂😂😂

1 week ago

Mabel

Indeed T#1....

Haha it's amazing to see Sapnrg lately...ever since Sapnrg announced to move to Menara PNB, our Lady Sapura is constantly in Pole Position with 16.7% rise....hihihi..

To Our Success !

Meow Meow Meow

1 week ago

Mabel

Today Mabel collect more Capital A at 95 sen when it retraces...

Our Sap so steady...

Like that Mabel can continue Goyang Kaki loh....

Meow Meow Meow

1 week ago

TalkNumberOne

Congratulation Mabel, you out last uncle charcoal hahahaha 😂😂😂 uncle charcoal burnt underwear and went missing for a week hahaha.

1 week ago

Mabel

Cheers T#1...

Sometimes investing is simple. You don’t need charts and graphs and all those amazing trending tools.

For example, when Bidden became President, he made it super clear he would be focusing the government’s resources and money toward green energy. So… invest in green energy.

Likewise, when Madani invested Billion into Tourism. Now we need to look at what industries benefit the most which is why Mabel also invested in Airlines, Real Estates and Properties.

The same here in Sap. When PNB (one of the biggest Financial Institution) invested in Sap. Mabel also decided to invest in this potential turnround company...

Sometimes investing is purely common sense.

To Our Success !

Meow

1 week ago

intansri

Why the CEO appointment is supposed to be march 1,2025
SAP brought it forward to jan 13, 2025
Is there any announcement to be come out very soon🤞

1 week ago

Mabel

As for any upcoming announcements, there hasn't been any specific information released yet. However, given the strategic importance of this appointment, it's possible that SAPNRG may have further updates or plans to share soon. Keep an eye on their official channels for any new developments.

1 week ago

Nikmon

On board 2 month a head and made announcements immediately. The new Group CEO wants announce good or bad news to public?

1 week ago

SinGor

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3515558
____________________________
2nd AIP has no Date??? Bottom line are refinement to existence proposal to 75% US$ Creditor And "White
Knight" Entrance!!!!!!!!!!!!

1 week ago

intansri

It looks like good efforts to ask unexpected contingency claims creditors to compromise as well as existing creditors from various subsidiaries to fulfilling and balancing white knight interest to get out from PN 17 status

1 week ago

SinGor

"White Knight" could be Anwar Or Jlow

1 week ago

intansri

No

1 week ago

intansri

But Anwar now visits a wealthy country n doesn’t know who follows

1 week ago

SinGor

JLow covers donation from Arabs Sultan Or family member ( money actually from 1MDBE---from EPF mostly )

1 week ago

Ninth007

Jit Pai Hoseh Liao!!!
KUALA LUMPUR: Sapura Energy Bhd has received confirmation from the Corporate Debt Restructuring Committee (CDRC) on Jan 11, 2025, that MCF Financiers, holding at least 75% of the multi-currency financing facilities, have approved additional terms of the company’s proposed restructuring scheme (PRS), known as the second approval-in-principle (AIP).

Since September 2022, Sapura Energy and the MCF Financiers have been engaged in CDRC-mediated negotiations to reach an accord on the PRS, for which the MCF Financiers provided the first AIP in December 2023.

Sapura Energy then continued refining the PRS, factoring in the progress made in resolving certain contingent claims through the proof of debt process.

It added that the second AIP for the PRS paves the way for court-convened meetings with the relevant creditor classes of Sapura Energy and its subsidiaries, and will also facilitate potential financial investment from a White Knight.

"With this positive development, Sapura Energy is another step closer to regularising our financial position and emerging from our status as a Practice Note 17 company,” Sapura Energy interim chairman Shahin Farouque Jammal Ahmad said.

1 week ago

PaiKia

the price will remain 3.5 cent

1 week ago

Nikmon

Received confirmation from CDRC on Saturday,
CEO onboard announcements made on early morning 8am Monday
What are they rushing?

1 week ago

SinGor

Management has set May as date for Creditors/Bankers to accept proposal---If 75% accepted proposal,
management can request Court to force remaining 25% to accept Or goes to Appeal Court for opinion---
During Mahathir times usually foreign Banks will agree bcos Bank License is review every year

1 week ago

Mabel

Meow SinGor

PNB has 13.4 % of Gamuda. Permodalan Nasional Berhad (PNB) and its associated funds hold a significant stake in Sapura Energy Berhad (SAPNRG). PNB is the largest shareholder, with a 40% shareholding in the company.

Soon another Gamuda in the making...

6 days ago

Mabel

Malaysian contractor Sapura Energy has received its second in-principle approval from financiers for its financial restructuring exercise, which facilitates a prospective investment from a White Knight that the company has touted for some time.

"With this positive development, Sapura Energy is another step closer to regularising our financial position and emerging from our status as a Practice Note 17 company.”

https://www.upstreamonline.com/finance/white-knight-still-in-the-wings-for-sapura-energy-/2-1-1763577

The identity of the White Knight for Sapura Energy has not been explicitly disclosed. However, there have been speculations that it might be an oil and gas company from the Middle East.

Prime Minister Anwar Ibrahim's recent visit to the UAE focused on enhancing bilateral cooperation in various sectors, including renewable energy, food security, technology, and data centers. While the visit aimed to strengthen ties and explore new opportunities, there is no explicit information linking it directly to the White Knight investment in Sapura Energy.

However, the discussions on strategic partnerships and investments during the visit could potentially create a favourable environment for such collaborations in the future

5 days ago

TalkNumberOne

Itu semua saya tak tau, I know uncle charcoal hiding inside closet shivering. Haha 😂😂😂

5 days ago

TalkNumberOne

Noob 7 than newbie. Burnt all his money now underwear also don’t have wo. But it’s good la, stay away from market because no money now stay away from forum also. Better for human kind 🤣🤣🤣🤣

5 days ago

Mabel

Wah Wah Wah...ever since Sapnrg announced to move to Menara PNB, our Lady Sapura is constantly in Pole Position with 16.7% rise....hihihi..

Our Sap so steady...

Like that Mabel can continue Goyang Kaki loh....

Meow Meow Meow

3 days ago

TalkNumberOne

haha more important uncle charcoal hiding inside closet shivering hahahahahahahaha. Such annoying pathetic old man. Lost everything in stock market means stay away la. Want to come forum cry father cry mother… betul betul mempersiasoikan

3 days ago

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3 days ago

Mabel

Malaysian stock index has experienced a continuous decline, severely testing investor confidence. After more than two weeks of decline, the market finally showed signs of recovery on Friday, providing some relief to investors. However, during this period, many stock prices fell sharply, causing trouble for many investors.

Let's take a look at the market trend at the daily level. Recently, after the index fell below the 0.618 position of the Fibonacci retracement line, there was a sharp rebound. This phenomenon shows that the current support level has played a positive role. This rebound is not only a reaction of the market to the rapid decline in the previous two weeks, but also reflects the market's recovery and increased demand for rebound in the callback stage. On Friday it closed at 1566.72 which is above the key support level is 1529 points.

In the next period of time, we have reason to believe that the index will continue to rebound. Specifically, the first pressure level of the rebound is around 1590. If the rebound momentum is strong and can effectively break through and stand above 1590, then the market will most likely start a new round of rising market, and a series of favorable factors will bring more opportunities for investors to participate.

1 day ago

PaiKia

still 3 cent

1 day ago

Sslee

Maybe it will be RM 1.00 after debts restructure, capital reduction, 20 to 1 share consolidation and new capital injection PP of RM 1 billion.

1 day ago

Nikmon

As fast I know, bursa Limit PP not exceed 10%-20% of the total issued share, they need to goring until RM 4 -5 to achieve 1bil pp

1 day ago

Nikmon

So they need to goring until 30-40 sen now.

1 day ago

Nikmon

This why singor keep saying to save the SAP, they have no choice to goreng the share, else they will fail the task. The problem is how and when to goring, tough task for PNB

1 day ago