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Malaysia's Sapura Energy gets financiers' nod for US$2.2 billion debt restructuring

Malaysia's Sapura Energy said it had received confirmation that at least 75per cent of financiers of its 10.3 billion ringgit (US$2.19 billion) multi-currency financing facilities have approved a debt restructuring scheme proposed by the company.The oil and gas services provider said in a statement on Wed
Shivangi Lahiri Mohd Anuar Taib Dhanya Ann Thoppil Malaysia Sapura Energy Sapura Energy Group Sapura Energy

Serba Dinamik's 1Q net loss narrows to RM80.67mil

KUALA LUMPUR: Serba Dinamik Holdings Bhd’s net loss narrowed to RM80.67 million in the first quarter ended Sept 30, 2023 (1Q FY2024) from a net loss of RM104.60 million in the same period last year supported by its engineering, procurement, construction and commissioning (EPCC) business, which is the only segment that did not make a loss in the quarter under review.
Kuala Lumpur Serba Dinamik Serba Dinamik Holdings Bhd Serba Dinamik Holdings Bursa Malaysia Practice Note

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