PETALING JAYA: After Sapura Energy Bhd announced a loss of RM8.9bil in its latest annual report on Jan 31 this year, the oil and gas company shot into the limelight.
The company is now in need of a bailout by Putrajaya but questions have been asked over whether the public-listed company, whose former CEO was paid nearly RM1.1billion in pay and benefits between 2009 and 2021, should be rescued by the government.
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