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Daily Archives: December 11, 2022

Sapura Energy bouncing back but debt still unsustainable – Upstream Online

RestructuringBy Insolvency Advisory AccountantsDecember 11, 2022

Financially beleaguered Sapura Energy is battling hard to retain its status as a top flight Malaysian contractor to the oil and gas sector but the company admits to facing challenges in rebuilding its order book. Sapura said that is facing a drawback in efforts to rebuild its order book, given the limited access to bank…

Online gambling: Governor should not ignore deaths due to debt trap, says Anbumani – The Hindu

GamblingBy Insolvency Advisory AccountantsDecember 11, 2022

PMK president Anbumani Ramadoss on Sunday accused Tamil Nadu Governor R. N. Ravi of ignoring deaths by suicide due to enormous debt accrued by those engaged in online gambling, through mobile applications, and said such cases are continuing in the State because of the delay on his [the Governors] part in providing assent to the…

Sapura Energy bouncing back but debt still unsustainable – Upstream Online

RestructuringBy Insolvency Advisory AccountantsDecember 11, 2022

Financially beleaguered Sapura Energy is battling hard to retain its status as a top flight Malaysian contractor to the oil and gas sector but the company admits to facing challenges in rebuilding its order book. Sapura said that is facing a drawback in efforts to rebuild its order book, given the limited access to bank…

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