$SAPNRG / 5218 (SAPURA ENERGY BERHAD): The Fall of Malaysia's Largest Company
This video offers insight into the rise and fall of Sapura, highlighting several key reasons behind its collapse:
- Oil prices crashed.
- Kencana's management, including Mokhzani Mahathir, left.
- Poor acquisitions.
- Debt continued to surge after major acquisitions.
- High CEO salaries.
These points provide valuable lessons for conducting research before investing.
*Fun Fact: Sapura was originally a telecommunications company before transitioning to the oil and gas industry.
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