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(Kuala Lumpur, 17th) Sabura Energy ( $SAPNRG (5218.MY)$ ) approved for the 4th time to extend the restructuring deadline!
Sabura Energy submitted a notification on Tuesday, requesting to extend the deadline for submitting the restructuring plan from November 30 by six months to May 31, 2025, approved by the Malaysian Exchange.
Consistent with previous statements, the company stated that the application for an extension was due to the complexity of the overall restructuring plan, while the debt restructuring supporting its strategic restructuring plan is progressing well.
According to previous reports, the company needs to submit a restructuring plan to the relevant regulatory institutions within a specified time, obtain approval from the regulatory institutions thereafter, and implement the plan within the time limit set by the regulatory institutions.
However, if the restructuring is not completed on time, the stock may be suspended by the Exchange, or even delisted.
Source: Nanyang Siang Pau
Disclaimer: This content is for reference and education purposes only and does not constitute any specific investment, investment strategy, or endorsement. Readers should bear any risks and responsibilities arising from reliance on this content. Before making any investment decisions, it is essential to conduct independent investigations and assessments and consult professionals when necessary. The author and relevant participants are not responsible for any losses or damages arising from the use of or reliance on the information contained in this article.
Sabura Energy submitted a notification on Tuesday, requesting to extend the deadline for submitting the restructuring plan from November 30 by six months to May 31, 2025, approved by the Malaysian Exchange.
Consistent with previous statements, the company stated that the application for an extension was due to the complexity of the overall restructuring plan, while the debt restructuring supporting its strategic restructuring plan is progressing well.
According to previous reports, the company needs to submit a restructuring plan to the relevant regulatory institutions within a specified time, obtain approval from the regulatory institutions thereafter, and implement the plan within the time limit set by the regulatory institutions.
However, if the restructuring is not completed on time, the stock may be suspended by the Exchange, or even delisted.
Source: Nanyang Siang Pau
Disclaimer: This content is for reference and education purposes only and does not constitute any specific investment, investment strategy, or endorsement. Readers should bear any risks and responsibilities arising from reliance on this content. Before making any investment decisions, it is essential to conduct independent investigations and assessments and consult professionals when necessary. The author and relevant participants are not responsible for any losses or damages arising from the use of or reliance on the information contained in this article.
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The Nasdaq Composite soared to an all-time high on Monday, closing at 20,173.89 (+1.2%).
🚀 Big tech stocks led the charge with impressive gains:
📊 Alphabet $Alphabet-A (GOOGL.US)$ : $196.66
🚗 Tesla $Tesla (TSLA.US)$ : $463.02
🛒 Amazon $Amazon (AMZN.US)$ : $232.93 (+2.41%)
🍏 Apple $Apple (AAPL.US)$ : $251.04 (+1.15%)
💻 Broadcom $Broadcom (AVGO.US)$ : $250.00 (+11.23%)
🔍 Fed Meeting: What to Watch Today
All eyes are on the Federal Reserve's policy decision 🏦 happening to...
🚀 Big tech stocks led the charge with impressive gains:
📊 Alphabet $Alphabet-A (GOOGL.US)$ : $196.66
🚗 Tesla $Tesla (TSLA.US)$ : $463.02
🛒 Amazon $Amazon (AMZN.US)$ : $232.93 (+2.41%)
🍏 Apple $Apple (AAPL.US)$ : $251.04 (+1.15%)
💻 Broadcom $Broadcom (AVGO.US)$ : $250.00 (+11.23%)
🔍 Fed Meeting: What to Watch Today
All eyes are on the Federal Reserve's policy decision 🏦 happening to...
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$VITROX (0097.MY)$ Vitrox has been building up at a significant resistance level since October, forming higher lows along the way. Last Friday, it finally breakeout of the resistance level with volume!
Breakout trade is one of my favorite patterns because they offer stronger confirmation. However, there's always the possibility of a failed breakout. The reason I took this trade is that it broke through a SIGNIFICANT resistance level, not just a normal one.
This was a q...
Breakout trade is one of my favorite patterns because they offer stronger confirmation. However, there's always the possibility of a failed breakout. The reason I took this trade is that it broke through a SIGNIFICANT resistance level, not just a normal one.
This was a q...
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Recently, whether it's Stocks in Malaysia, Hong Kong, or Singapore, they have all dropped significantly.
Friends who invest in these markets.
Recently, a significant portion of the held Stocks have dropped significantly.
This situation is very normal.
Because in the Stocks market.
It's supposed to have its ups and downs.
#There are also buyer markets and seller markets.
And Real Estate is the same.
我们持有股票,买的就是公司的股份
就像巴菲特说的
#价钱是我们付的
#Value is what we get.
#So this is the time to patiently look for dividend stocks that have growth potential.
This type of stocks
Business actually has no impact.
Dividends have been growing steadily.
The company's profits are also getting better and better.
As for Stocks like the US stocks, Taiwan stocks, or stocks like Japan.
This type of market is very good right now.
Part of my US Stocks have risen, yay!
But was it when you bought them?
It's obviously the opposite.
The valuation is actually scary expensive.
In the stock market.
The most important thing is not to do the same thing as others.
Everyone goes to chase.
You don't.
When everyone does not want it
Just patiently keep holding those good company's stocks
When the market starts to turn around.
#You will see that the companies you hold in your hands will bring you very good ROI.
This is the right investment method.
It's also something that most people don't do.
Because after all, it's something against human nature.
So as long as you operate in reverse.
You are the person who makes big money in the stock market in the long term.
#...
Friends who invest in these markets.
Recently, a significant portion of the held Stocks have dropped significantly.
This situation is very normal.
Because in the Stocks market.
It's supposed to have its ups and downs.
#There are also buyer markets and seller markets.
And Real Estate is the same.
我们持有股票,买的就是公司的股份
就像巴菲特说的
#价钱是我们付的
#Value is what we get.
#So this is the time to patiently look for dividend stocks that have growth potential.
This type of stocks
Business actually has no impact.
Dividends have been growing steadily.
The company's profits are also getting better and better.
As for Stocks like the US stocks, Taiwan stocks, or stocks like Japan.
This type of market is very good right now.
Part of my US Stocks have risen, yay!
But was it when you bought them?
It's obviously the opposite.
The valuation is actually scary expensive.
In the stock market.
The most important thing is not to do the same thing as others.
Everyone goes to chase.
You don't.
When everyone does not want it
Just patiently keep holding those good company's stocks
When the market starts to turn around.
#You will see that the companies you hold in your hands will bring you very good ROI.
This is the right investment method.
It's also something that most people don't do.
Because after all, it's something against human nature.
So as long as you operate in reverse.
You are the person who makes big money in the stock market in the long term.
#...
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