03-26-2022, 01:41 PM
Takeover of Sapura Energy is long overdue, says expert
![[Image: sapura-energy-file-pic-220119-1.jpg]](https://s3media.freemalaysiatoday.com/wp-content/uploads/2019/01/sapura-energy-file-pic-220119-1.jpg)
PETALING JAYA: Ailing oil and gas services company Sapura Energy Bhd should be merged with or acquired by another company, according to an expert on financial services.
The expert, who asked to remain anonymous because of the politics involved, said Malaysia’s oil and gas sector was oversaturated and a merger or acquisition of Sapura Energy would be long overdue.
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The expert, who asked to remain anonymous because of the politics involved, said Malaysia’s oil and gas sector was oversaturated and a merger or acquisition of Sapura Energy would be long overdue.
- More -