<div class=newsTextDataWrapInner><p>KUALA LUMPUR (April 28): Seadrill Ltd has sold its remaining stake comprising some 490 million shares or 8.2% in SapuraKencana Petroleum Bhd for about US$195 million (about RM763 million). Seadrill said the sale proceeds would offer the seller more liquidity. &nbsp;</p></div>

<div class=newsTextDataWrapInner><p>According to Bloomberg data, the 490 million shares constitute an 8.2% stake in SapuraKencana based on the company's issued base of 5.99 billion shares.</p></div>

<div class=newsTextDataWrapInner><p>Seadrill said in a statement on its website : "Seadrill Ltd announces today (April 27) that it has sold its remaining stake of approximately 490 million shares in SapuraKencana for approximately US$195 million."</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>"The proceeds from the share sale will provide additional liquidity and will be used for general corporate purposes," Norway and US-listed Seadrill said.</p></div>

<div class=newsTextDataWrapInner><p>In Malaysia today, SapuraKencana shares fell 11 sen or 6% to RM1.66 at 9:45am for a market capitalisation of RM9.94 billion.</p></div>

<div class=newsTextDataWrapInner><p>The third most-active stock on Bursa Malaysia, which was also the seventh-largest decliner, saw some 40 million shares traded.</p></div>


KUALA LUMPUR (April 28): Seadrill Ltd has sold its remaining stake comprising some 490 million shares or 8.2% in SapuraKencana Petroleum Bhd for about US$195 million (about RM763 million). Seadrill said the sale proceeds would offer the seller more liquidity.  

According to Bloombe...

 SapuraKencana shares hit after Seadrill exits co

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<p>Sarawak will consult with Attorney General Datuk Ahmad Terrirudin Mohd Salleh to determine the most appropriate term to replace the word "state" in Sarawak State Legislative Assembly, based on the Federal Constitution.</p>


<p>Yang di-Pertuan Agong Sultan Ibrahim Sultan Iskandar and Raja Permaisuri Agong Raja Zarith Sofiah will undertake a state visit to Singapore on May 6 and 7, 2024 at the invitation of the republic's President Tharman Shanmugaratnam.</p>


<p>The Ministry of Home Affairs (KDN) is currently formulating a strategy to enhance use of technology, particularly artificial intelligence (AI), for stricter border control measures.</p>


<p>Prime Minister Benjamin Netanyahu's cabinet decided on Sunday to shut down <i>Al Jazeera</i>'s operations in Israel for as long as the war in Gaza continues, on the grounds the Qatari television network threatens national security.</p>


<p>Building on its near 20-year partnership with Lancaster University and in support of its esteemed collaborations with Harvard, Oxford, Cambridge and MIT, Sunway University is now proud to announce its newest partnership with Arizona State University (ASU). This illustrious portfolio of partnerships continues to highlight Sunway’s ongoing commitment to providing students with exceptional educational opportunities.</p>
