Rebuilding For A Sustainable Future | Annual Report FY2023
The FY2023 Annual Report provides valuable insights into our company’s performance last year, covering key areas such as business operations, sustainability agenda, governance, and financial performance. We encourage all shareholders to view the report to gain a comprehensive understanding to how we did last year and what lies ahead.
Schemes of Arrangement Updates | Proof of Debt Announcement
We would like to provide you the latest updates regarding our scheme of arrangement (“SOA”) process, namely; the extension of restraining orders, and deadline submission of the Proof of Debt (“POD”) exercise.
On 10 March 2022, The High Court of Malaysia granted Sapura Energy Berhad (“Sapura Energy” or “the Group”) and 22 subsidiaries (collectively, the “Applicants”) two orders under Section 366 and Section 368 of the companies act to help restructure its debts and settle outstanding payments.