Date : 29 October 2024
Circular/Notice to Shareholders
| SAPURA ENERGY BERHAD |
| Subject | CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED DISPOSAL BY SAPURA UPSTREAM ASSETS SDN BHD ("SUA"), A WHOLLY-OWNED SUBSIDIARY OF SAPURA ENERGY BERHAD, OF ITS ENTIRE 50% EQUITY INTEREST IN SAPURAOMV UPSTREAM SDN BHD ("SAPURAOMV") TO TOTALENERGIES HOLDINGS SAS FOR A TOTAL DISPOSAL CONSIDERATION OF USD705.3 MILLION (OR EQUIVALENT TO APPROXIMATELY RM3,022.3 MILLION) TO BE SATISFIED VIA: (I) A CASH CONSIDERATION OF USD530.3 MILLION (OR EQUIVALENT TO APPROXIMATELY RM2,272.5 MILLION); AND (II) THE RELEASE OF THE ORDINARY SHARES IN SAPURAOMV PLEDGED BY SUA TO OMV EXPLORATION & PRODUCTION GMBH OF AN AMOUNT OF USD175.0 MILLION (OR EQUIVALENT TO APPROXIMATELY RM749.8 MILLION) |
Please refer attachment below.
Announcement Info
| Company Name | SAPURA ENERGY BERHAD |
| Stock Name | SAPNRG |
| Date Announced | 29 Oct 2024 |
| Category | Document Submission |
| Reference Number | DCS-29102024-00031 |