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Sapura Energy active, rises 5% on bagging new contracts

Mimi Sabreena 3:04:00 PM Informasi

KUALA LUMPUR (June 22): Oil and gas services provider Sapura Energy Bhd rose 5% in active trade this morning after it bagged nine new contracts worth approximately RM1.8 billion, bringing its accumulative contract wins to-date to RM4.5 billion for the group.

At 9.05am, Sapura Energy rose 3 sen to 63 sen with 18.48 million shares done.

The combined value of the contracts represent a three-fold jump or an increase of nearly 250% compared to the value achieved in the corresponding period of the previous year, between February to June 2017, the group said.

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