Bursa Announcements
Date : 27 January 2025

WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR PROPOSED SCHEME OF ARRANGEMENT AND RESTRAINING ORDER UNDER SECTIONS 366 AND 368 OF THE COMPANIES ACT 2016 ("THE ACT") FOR SAPURA ENERGY BERHAD (THE “COMPANY”) AND 22 OF ITS WHOLLY-OWNED SUBSIDIARIES (COLLECTIVELY THE “SCHEME COMPANIES”)

SAPURA ENERGY BERHAD

Type Announcement
Subject WINDING UP / RECEIVER & MANAGER / RESTRAINING ORDER / SPECIAL ADMINISTRATOR
Description
PROPOSED SCHEME OF ARRANGEMENT AND RESTRAINING ORDER UNDER SECTIONS 366 AND 368 OF THE COMPANIES ACT 2016 ("THE ACT") FOR SAPURA ENERGY BERHAD (THE “COMPANY”) AND 22 OF ITS WHOLLY-OWNED SUBSIDIARIES (COLLECTIVELY THE “SCHEME COMPANIES”)

We refer to our announcements dated 7 March 2024 and 6 June 2024 in relation to the convening and restraining orders obtained by the Scheme Companies to summon meetings of the various classes of their creditors (collectively, the “Scheme Creditors”), to consider and if thought fit and appropriate, to approve, a proposed scheme of arrangement and compromise between the Scheme Companies and their respective Scheme Creditors. 

 

The Board of Directors of the Company wishes to announce that separate court convened meetings of the Scheme Companies and their Scheme Creditors pursuant to Section 366(1) of the Act (“Court Convened Meetings”) will be held virtually through live streaming and online remote voting via the broadcast venue at Perdana Kuala Lumpur City Centre at the dates and times specified in the notices of the Court Convened Meetings of the respective Scheme Companies or any adjournment thereof.  

 

Please refer to the attached notices of the Court Convened Meetings of each of the Scheme Companies for your kind attention. 

 

This announcement is dated 27 January 2025.  




Please refer attachment below.



Announcement Info

Company Name SAPURA ENERGY BERHAD
Stock Name SAPNRG
Date Announced 27 Jan 2025
Category General Announcement for PLC
Reference Number GA1-27012025-00002


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