Sapura Energy shares fall on news of E&P spinoff


KUALA LUMPUR: Sapura Energy Bhd has announced plans to spin off its exploration and production (E&P) business, sending its shares down marginally on Friday.

In early trade Friday, Sapura Energy shares were down one sen, or 1.23% to 80 sen. It is among the most heavily traded counter with over 6.85 million shares exchanged hands.

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