Fielding questions at the interview was Datuk Anuar Taib, non-independent executive director and CEO of Sapura Energy. He took over from Tan Sri Shahril Shamsudin, who retired after leading Sapura Energy and its predecessor, Sapura Crest Petroleum, since July 2003. The key question, however, is, will the change at the helm translate into better results at Sapura Energy? Many are optimistic that he will turn things around at Sapura Energy. To put things in perspective, Sapura Energy had accumulated losses of RM4.62 billion as at end-January this year (see “Sapura Energy has its work cut out” on Page 68).

Source: The Edge Markets July 01, 2021 06:00 UTC