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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SAPURA ENERGY BERHAD ("THE COMPANY") PROPOSED DISPOSAL OF SAPURA T-19, SAPURA T-20 AND SAPURA SETIA BY SAPURA DRILLING T-19 LTD., SAPURA DRILLING T-20 LTD. AND SAPURA DRILLING SETIA LTD. RESPECTIVELY, ALL WHOLLY OWNED SUBSIDIARES OF SAPURA DRILLING LTD. (BERMUDA), A WHOLLY OWNED SUBSIDIARY OF SAPURA DRILLING PTE. LTD. (LABUAN) WHICH IS A WHOLLY OWNED SUBSIDIARY OF SAPURA ENERGY BERHAD, FOR A TOTAL AGGREGATE PRICE OF USD8,200,000.00 TO NKD MARITIME LIMITED ("PROPOSED DISPOSAL")

SAPURA ENERGY BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
SAPURA ENERGY BERHAD ("THE COMPANY")
PROPOSED DISPOSAL OF SAPURA T-19, SAPURA T-20 AND SAPURA SETIA BY SAPURA DRILLING T-19 LTD., SAPURA DRILLING T-20 LTD. AND SAPURA DRILLING SETIA LTD. RESPECTIVELY, ALL WHOLLY OWNED SUBSIDIARES OF SAPURA DRILLING LTD. (BERMUDA), A WHOLLY OWNED SUBSIDIARY OF SAPURA DRILLING PTE. LTD. (LABUAN) WHICH IS A WHOLLY OWNED SUBSIDIARY OF SAPURA ENERGY BERHAD, FOR A TOTAL AGGREGATE PRICE OF USD8,200,000.00 TO NKD MARITIME LIMITED ("PROPOSED DISPOSAL")

Further to our announcements dated 19 August 2022 on the Proposed Disposal and on 30 September 2022 on the notice of Extraordinary General Meeting ("EGM") to be convened on 17 October 2022, we are pleased to announce that the ordinary resolution pertaining to the Proposed Disposal was duly passed by the shareholders of the Company at the EGM. The condition precedent to the Memorandum of Agreement ("MOA") has been fulfilled and accordingly, the MOA has become unconditional.

 

This announcement is dated 18 October 2022.






Announcement Info

Company Name SAPURA ENERGY BERHAD
Stock Name SAPNRG
Date Announced 18 Oct 2022
Category General Announcement for PLC
Reference Number GA1-18102022-00044


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