Here is a brief look at some of the corporate announcements and news flow on Thursday (March 31), involving Barakah Offshore Petroleum Bhd, Computer Forms (M) Bhd, Sapura Energy Bhd, JAG Bhd, Talam Transform Bhd, MQ Technology Bhd, Astro Malaysia Holdings Bhd, Teck Guan Perdana Bhd and Cypark Resources Bhd,
PETALING JAYA: Loss-making Sapura Energy Bhd has appointed restructuring specialist Cosimo Borrelli as its director effective last Friday, just two weeks after it announced its massive debt-restructuring exercise.
AS one of the largest corporate debt restructuring exercises in recent years is about to begin, it begs the question of whether some local companies have taken on too much debt prior to the pandemic.