ANNOUNCEMENT OF PHASE 2 – POD EXERCISE

We would like to provide you the latest updates regarding the next phase of our scheme of arrangement (SOA) process; namely the commencement of the Proof of Debt (POD) exercise along with guidelines to submit your POD claims.

We would also like to thank you for your participation in our series of Vendor Virtual Briefings. If you missed all of the sessions organised, you can now watch the recording on-demand by clicking here and scroll down to “DATES” section.

10 March 2022
Court Approval
Bursa Filing
5 April
Vendor Virtual Briefing Session #1
Download Session Slide
Watch Session Recording
8 April 2022
Vendor Virtual Briefing Session #2
Download Session Slide
Watch Session Recording
21 April
Commencement of Proof-of-Debt Excercise (“POD”)
25 April
Vendor Virtual Briefing Session #3
Download Session Slide
Watch Session Recording

The commencement of Phase 2 of the SOA began on Friday, April 21, 2022. Please submit the prescribed form below, to facilitate the POD exercise and help us verify the outstanding amount due to you by the 23 subsidiaries listed here.

Your participation in the POD exercise is crucial to ensure all outstanding payments are captured and verified, for the purpose of voting in the proposed SOA.

Please ensure your submission is accurate and complete with information and/or documents to substantiate your POD claims.

Your claim(s) shall be in respect of goods and/or services rendered, and other claims against the 23 subsidiaries, on or before 31 January 2022, including contingent claims and other liabilities.

Please note that should you fail to submit your POD claims, the value of your claims will be determined based on our subsidiaries’ records for the purpose of voting at the Court-convened meeting.

Please strictly adhere to the POD exercise timeline below, to ensure we are on track for Phase 3 of the SOA process:

Key EventsDeadline
Issuance of Notice for Submission of POD21 Apr 2022
Preparation and compilation of claim, fully supported by documents21 Apr 2022 - 20 May 2022 (28 days)
Submission of claim(s) 5.30 pm (GMT+8) on or before 20 May 2022 (Friday)

It is very important that you submit your POD latest by 5.30 pm, Friday, May 20, 2022. Regretfully, any late submission of POD after the deadline will not be accepted, subject to the discretion of the schemed companies when required.

POD Online Submission via MS Form and Guidelines

The POD must be submitted via an online form using the Microsoft Form (MS Form), using the unique login credentials sent.

Submit your POD claims

For assistance in completing your POD submission, please refer to the step-by-step POD Online Submission Guidelines by clicking below.

POD Submission Guidelines

Please contact our Helpdesk via call at +603 86598338 or email to helpdesk@sapuraenergy.com if you did not receive our POD email and/or login credentials to submit your POD online form.

As part of our commitment to ensure all vendors are informed, we will continue to keep you updated regarding the proposed SOA and other matters relating to the scheme.

Please refer to our FAQ page if you have any questions. If your question is not addressed in the FAQ, please call or email our Helpdesk.

Frequently Asked Questions (“FAQ”)