Media Releases
SAPURA ENERGY SECURES BURSA SECURITIES APPROVAL FOR ITS REGULARISATION PLAN
Date: 1.07.2025.

Sapura Energy Berhad is pleased to announce that Bursa Malaysia Securities Berhad has, by way of its letter dated 30 June 2025, approved SEB’s Proposed Regularisation Plan. This marks a significant milestone in the Company’s strategic efforts to restructure its debt, strengthen its financial position and exit its status as a company classified under Practice Note 17 of the Main Market Listing Requirements.

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SEB TARGETS PN17 EXIT WITH COMPREHENSIVE REGULARISATION PLAN AIMED AT FINANCIAL TURNAROUND AND OPERATIONAL RECOVERY
Date: 14.05.2025.

Sapura Energy Berhad and the Company and its subsidiaries today announced its proposed Regularisation Plan, aimed at facilitating the Company's exit from Practice Note 17 status and returning the Group to a stronger financial and operational standing. The final plan, expected to be submitted soon, includes a proposed debt restructuring exercise to resolve about RM12.1 billion in total borrowings and trade liabilities; and a proposed capital reconstruction to set off against the Group’s accumulated losses.

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SAPURA ENERGY RETURNS TO PROFITABILITY IN FY2025
Date: 27.03.2025.

Sapura Energy Berhad and its subsidiaries today announced its unaudited full year results for the financial year ended 31 January 2025, marking its first return to profitability in six years. This financial performance demonstrates the Group’s operational resilience and the results of its restructuring and turnaround efforts, indicating a clear pathway towards long-term sustainability. 

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MALAYSIAN VENDORS IN OIL & GAS ECOSYSTEM EARMARKED FOR REPAYMENT, AS SEB SECURES UP TO RM1.1 BILLION INVESTMENT
Date: 11.03.2025.

The Board of Sapura Energy Berhad today announced that the Company has entered into a Conditional Funding Agreement with Malaysia Development Holding Sdn Bhd, securing the latter’s commitment to subscribe an amount of up to RM1.1 billion in nominal value of redeemable convertible loan stocks in the Company. This investment marks another significant milestone in SEB’s financial restructuring efforts, reinforcing its commitment to long-term sustainability.

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CREDITORS APPROVE SAPURA ENERGY’S PROPOSED RESTRUCTURING SCHEME
Date: 27.02.2025.

The Board of Sapura Energy Berhad today announced that various classes of creditors of Sapura Energy and 22 of its subsidiaries have approved the proposed schemes of arrangement and compromise between the Scheme Companies and their respective Scheme Creditors as part of its debt restructuring plan.

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