Media Releases
SAPURA ENERGY TURNS THE CORNER WITH PROFIT IN Q3 FY19
Date: 6.12.2018.

Sapura Energy Berhad (Sapura Energy) registered a profit-before-tax of RM40.3 million for the third quarter ended 31 October 2018 (Q3 FY2019), which is higher by RM250.0 million compared to a loss-before-tax of RM209.7 million in Q3 FY2018. This is the first profit recorded by the Group since Q2 FY2018. The Group’s revenue rose by approximately 17 per cent to RM1.5 billion for the quarter under review from RM1.3 billion in the corresponding quarter of the preceding year, mainly attributed to the higher revenue from its Engineering and Construction (E&C) as well as Exploration and Production (E&P) business segments.

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SAPURA ENERGY SHAREHOLDERS GIVE VOTE OF CONFIDENCE FOR GROWTH
Date: 29.11.2018.

Shareholders of Sapura Energy Berhad voted overwhelmingly to subscribe to the group’s rights issue and support its growth plans at the Extraordinary General Meeting (EGM) today. In a significant vote of confidence, shareholders passed all six resolutions in conjunction with the proposed rights issue, which entails raising up to RM4 billion.

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SAPURA ENERGY AND OMV ENTER INTO A STRATEGIC PARTNERSHIP
Date: 12.11.2018.

Sapura Energy Berhad (Sapura Energy) and OMV on 9 November 2018 signed a Share Subscription Agreement and a Shareholders’ Agreement to form a strategic partnership. Under the agreements, OMV Exploration and Production GmbH (OMV E&P), a wholly-owned subsidiary of OMV Aktiengesellschaft, will buy a 50 per cent stake of the enlarged issued share capital in a newly-formed joint venture company, SEB Upstream Sdn Bhd (SUP), based on an enterprise value of up to USD1.6 billion comprising an equity value of up to USD1,250 million and debt of USD350 million.

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SAPURA ENERGY RECORDS AN INCREASE IN REVENUE FOR Q2 FY2019
Date: 28.09.2018.

Sapura Energy Berhad (“Sapura Energy” or “the Group”) today announced its financial results for the period ended 31 July 2018, registering an increase in revenue at RM1.3 billion for Q2 FY2019 compared to the immediate preceding quarter (Q1 FY2019) at RM1.1 billion. The Group recorded a loss-before-tax of RM80 million for Q2 FY2019, compared to a loss-before-tax of RM108 million in Q1 FY2019.

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SAPURA ENERGY OBTAINS FIRM SUPPORT FROM MAJOR SHAREHOLDERS FOR RM4 BILLION RIGHTS ISSUE AND RECEIVES COMMITMENT FOR UNDERWRITING
Date: 25.09.2018.

Sapura Energy Berhad (“Sapura Energy” or “The Group”) has obtained firm support from two major shareholders, Permodalan Nasional Berhad (“PNB”) and Sapura Technology Sdn Bhd (“Sapura Technology”), by means of letters of irrevocable undertaking for their proposed issuance of rights shares with warrants and rights issue of Islamic redeemable convertible preference shares (“RCPS-i”).

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