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…
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…
Between 10,000 and 12,000 companies in Australia are declared insolvent in a typical year, although this fell to around 4,000 to 6,000 during the COVID-19 pandemic.Factors such as government support measures and historically low interest rates had allowed many businesses to avert collapse. However, Jason Preston of advisory and restructuring firm McGrathNicol is among the…
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…
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…
The liquidators of failedadtech startup Metigy, whichcollapsed into administration in July, just 20 months after raising $20 million in a Series B, have taken a $1.45 million hit on the sale of a country property bought using company funds by the startups now bankrupt founder, David Fairfull. Fairfull bought the 48-hectare 4-bedroom property in the…
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…
A PWC spokesman says the sector was under more stress now because of cost escalations, delivery and labour issues. Photo / Fiona Goodall New Zealand had 283 building company liquidations in 11 months this year, Commerce and Consumer Affairs Minister David Clark said. Andrew Bayly, Nationals construction spokesman, said he was concerned about high failure…
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…
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…