04-01-2022, 02:35 PM
Sapura can repay debts, says Najib citing its track record
![[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: Former prime minister Najib Razak has backed Sapura Energy Bhd’s turnaround bid, saying the oil and gas giant is capable of repaying its debts if it is allowed to continue operating.
Sapura’s total debts currently stand at RM10.3 billion, and the company is currently undergoing a debt restructuring plan involving banks, vendors and contractors.
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Sapura’s total debts currently stand at RM10.3 billion, and the company is currently undergoing a debt restructuring plan involving banks, vendors and contractors.
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