Shahril mops up additional 19 million Sapura Energy shares

Shahril mops up additional 19 million Sapura Energy shares
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KUALA LUMPUR (Oct 28): Sapura Energy Bhd’s former chief executive officer (CEO) Tan Sri Shahril Shamsuddin has raised his shareholding in the company with the purchase of 19.05 million shares or a 0.12% stake.

In a bourse filing on Thursday, the oil and gas outfit said the shares were acquired in the open market via Sharil’s investment vehicle Jurudata Sdn Bhd on Oct 22.

The company did not reveal the transaction price but based on the day’s closing price of 10.5 sen, the share purchase would have cost him RM2 million.

The last time Shahril purchased Sapura Energy shares was on March 3, 2020, when he bought one million shares at 17.5 sen per share.

He retired as Sapura Energy’s group CEO on March 22, 2021, after helming the group for 25 years.

The latest purchase has raised Shahril’s indirect stake in the company to 12.94% or 2.07 billion shares, from 12.82% or 2.05 billion shares.

His direct shareholding remains at 1.09% or 174.81 million shares.

Sapura Energy’s share price closed unchanged at 10 sen, for a market capitalisation of RM1.6 billion.

S Kanagaraju