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TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS SAPURA ENERGY BERHAD 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 ("SELLERS"), 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 ("BUYER") ("PROPOSED DISPOSAL")

SAPURA ENERGY BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
SAPURA ENERGY BERHAD
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 ("SELLERS"), 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 ("BUYER") ("PROPOSED DISPOSAL")

 

Further to our announcements dated 19 August 2022, 30 September 2022 and 18 October 2022, Sapura Energy Berhad wishes to announce that both the Sellers and the Buyer have agreed to extend the closing date of the sale under the Memorandum of Agreement dated 18 August 2022 (“MOA”) to 31 October 2022, to enable both parties to comply with all documentations and logistical procedures.

 

This announcement is dated 20 October 2022.






Announcement Info

Company Name SAPURA ENERGY BERHAD
Stock Name SAPNRG
Date Announced 20 Oct 2022
Category General Announcement for PLC
Reference Number GA1-18102022-00065



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