Government spokesman Fahmi Fadzil has denied claims that the finance ministry’s RM1.1 billion investment into Sapura Energy Bhd was a bailout. Fahmi said that the money the government poured ...

A top PAS member and an Umno leader have called on the government to make public the findings of Sapura Energy Berhad’s forensic audit, following plans to invest RM1.1 billion into the ...

Financially beleaguered Malaysian contractor Sapura Energy has entered into a conditional funding agreement with Malaysia Development Holding (MDH) which, if finalised, would unlock up to $247 ...

The investment by Malaysia Development Holding Sdn Bhd (MDH) in Sapura Energy Bhd will be exclusively used to repay local vendors, without benefitting any existing shareholders or financial ...

PAS leader Ahmad Fadhli Shaari has questioned Prime Minister Anwar Ibrahim’s claim that the RM1.1 billion lifeline thrown to Sapura Energy Berhad should be considered a loan. The Islamist party ...

KUALA LUMPUR-Prime Minister Anwar Ibrahim has come under heavy fire after his government injected RM1.1 billion (S$331 million) into Sapura Energy on March 11, having previously criticised calls ...

Prime Minister Anwar Ibrahim said he had ordered an audit of Sapura Energy Bhd. and a change of management before approving a controversial 1.1 billion ringgit ($248.2 million) injection into the ...

PUTRAJAYA: Malaysia Development Holding Sdn Bhd's (MDH) RM1.1bil investment into Sapura Energy Bhd is not a government bailout but a strategic investment towards sustainability, according to ...

PUTRAJAYA: The RM1.1bil injection into the debt-laden Sapura Energy Bhd should be repaid as it was provided in the form of capital loans, says Prime Minister Datuk Seri Anwar Ibrahim. Anwar - who ...

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Back in 2022, in a debate with former prime minister Datuk Seri Najib Razak, then-opposition leader Datuk Seri Anwar Ibrahim criticised the government’s decision to rescue integrated oil and gas ...

KUALA LUMPUR, March 10 — Sapura Resources Bhd has lodged a police report following a formal complaint filed with the Companies Commission of Malaysia (SSM) regarding potential breaches of the ...