TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SAPURA ENERGY BERHAD ("SEB" OR "COMPANY") PROPOSED DISPOSAL BY SAPURA UPSTREAM ASSETS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF ITS ENTIRE 50% EQUITY INTEREST IN SAPURAOMV UPSTREAM SDN BHD TO TOTALENERGIES HOLDINGS SAS
| SAPURA ENERGY BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | SAPURA ENERGY BERHAD ("SEB" OR "COMPANY")
PROPOSED DISPOSAL BY SAPURA UPSTREAM ASSETS SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF THE COMPANY, OF ITS ENTIRE 50% EQUITY INTEREST IN SAPURAOMV UPSTREAM SDN BHD TO TOTALENERGIES HOLDINGS SAS |
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On behalf of the Board of Directors of the Company (“Board”), CIMB Investment Bank Berhad (“CIMB”) wishes to announce that the Company and its wholly-owned subsidiary, Sapura Upstream Assets Sdn Bhd (“SUA” or “Seller”) have today entered into a conditional sale and purchase agreement (“SPA”) with TotalEnergies Holdings SAS (“TotalEnergies” or “Purchaser”) for the proposed disposal by SUA to the Purchaser of its entire 50% equity interest in SapuraOMV Upstream Sdn Bhd (“SapuraOMV”) (“Proposed Disposal”).
Please refer to the attached file for further details of the Proposed Disposal.
This announcement is dated 22 April 2024. |
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Please refer attachment below.
Announcement Info
| Company Name | SAPURA ENERGY BERHAD |
| Stock Name | SAPNRG |
| Date Announced | 22 Apr 2024 |
| Category | General Announcement for PLC |
| Reference Number | GA1-22042024-00039 |