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Jan 4, 2022 · TAN Sri Mokhzani Mahathir looks set to go down in history as Sapura Energy Bhd’s luckiest ‘shareholder’ as the financially-strapped global integrated oil & gas (O&G) outfit struggles to make its maiden settlement in relation with the slew of winding-up petitions filed since February.
Mokhzani bin Tun Dr. Mahathir (born 2 January 1961) is a Malaysian businessman who has been listed as the 14th richest person in Malaysia. [citation needed] He worked as a petroleum engineer before founding oil-equipment fabricator Kencana Petroleum. Kencana Petroleum later merged with SapuraCrest to form SapuraKencana Petroleum.
Feb 1, 2024 · Tan Sri Mokhzani Mahathir (pic), the second son of Tun Dr Mahathir Mohamad, is currently under investigation by the MACC following his brother Mirzan. However, unlike Mirzan, his name never surfaced in any of the leaked documents such as the Panama, Paradise, or Pandora Papers.
Mokhzani Mahathir worked as a petroleum engineer before becoming an entrepreneur with oil-equipment fabricator Kencana Petroleum. He merged it with SapuraCrest to form SapuraKencana Petroleum.
Last Tuesday, Mokhzani ceased to be a substantial shareholder in Sapura Energy after Khasera Baru sold 384.97 million shares for RM577.46 million or RM1.42 apiece, which was below its closing price of RM1.50. After the sale, Khasera Baru is left with 220.03 million shares or a 3.67% stake.
Tan Sri Dato' Mokhzani bin Tun Dr. Mahathir (lahir 2 Januari 1961) merupakan anak kedua kepada mantan Perdana Menteri Malaysia, Mahathir Mohamad dan Siti Hasmah Mohamad Ali.
SAPURA Energy Bhd is on the verge of bankruptcy, only three weeks shy of the 10-year anniversary of the mega-merger between SapuraCrest Petroleum Bhd and Kencana Petroleum Bhd, which created SapuraKencana Petroleum Bhd in mid-May 2012. Its name was changed to the current one at end-March 2017.
Nov 10, 2017 · KUALA LUMPUR (Nov 9): Tan Sri Mokhzani Mahathir has ceased to be a substantial shareholder of Sapura Energy Bhd after disposing of 384.97 million shares representing a 6.4% stake in the company. The sale, via his private investment vehicle Khasera Baru Sdn Bhd, was made on ...
PETALING JAYA: Tan Sri Mokhzani Mahathir has ceased to become substantial shareholder of Sapura Energy Bhd after selling almost 385 million shares in the company on Nov 7, a filing with Bursa Malaysia showed.
Mar 4, 2015 · KUALA LUMPUR, March 4 (Reuters) - SapuraKencana Petroleum Bhd's vice chairman Mokhzani Mahathir has resigned, Malaysia's largest oil and gas services firm by market value said on Wednesday,...
Nov 9, 2017 · KUALA LUMPUR: Tan Sri Mokhzani Mahathir ( pic) has disposed of a 6.4% stake in Sapura Energy Bhd on Tuesday, thus ceasing to be the company’s substantial shareholder, a filing with Bursa Malaysia on Thursday showed.
Mar 4, 2015 · [KUALA LUMPUR] SapuraKencana Petroleum Bhd's vice chairman Mokhzani Mahathir has resigned, Malaysia's largest oil and gas services firm by market value said on Wednesday, citing "personal reasons". Mr Mokhzani, the second son of former Malaysian Prime Minister Mahathir Mohamad, is one of the founders of SapuraKencana after merging his oil and ...
Jun 12, 2013 · In their new capacities, Dato’ Mokhzani and Mr. Yeow will continue to actively support and advise Tan Sri Dato’ Seri Shahril and the Board on the continued growth of the company.
Dec 27, 2023 · In 2012, Mokhzani emerged with about 15 per cent of SapuraKencana after his Kencana Petroleum Bhd merged with Sapura Crest Petroleum Bhd. He later disposed of 90 million shares at for an estimated RM387 million. In 2014, he added another RM1.59 billion to his coffers over the last year to raise his estimated wealth to RM4.22 billion.
KUALA LUMPUR: The investigation into businessman Tan Sri Mokhzani Mahathir is believed to be tied to his father, Tun Dr Mahathir Mohamad’s abuse of power, says a Malaysian Anti-Corruption Commission (MACC) source.
SINCE the oil price rout about three years ago, Sapura Energy Bhd has seen several developments, with the latest being the exit of its second-largest shareholder Tan Sri Mokhzani Mahathir, who controls a 10.1% stake or 605 million shares in the oil and gas (O&G) company.
Oct 1, 2013 · SapuraKencana Petroleum Bhd, whose executive vice-chairman and part owner is Mokhzani Mahathir, has reportedly entered into a partnershp with Vestigo Petroleum Sdn Bhd, a subsidiary of Petronas, to bid for a second risk service contract to extract oil from a marginal oil field.
Feb 27, 2013 · TehTarik: The market capitalisation of Mokhzani Mahathir's Sapura Kencana Petroleum (SAKP) is over RM14 billion. SAKP's main customer is Petronas. And SAKP is the biggest beneficiary of oil...
Jun 1, 2018 · In 2011, Tan Sri Shahril Shamsuddin undertook in a massive RM12 billion deal with Tan Sri Mokhzani Mahathir to merge SapuraCrest Petroleum Bhd with Kencana. The deal came to be known as “the largest deal ever in the history of corporate Malaysia” and gave Mokhzani access to exploration, extraction, shipping, and wholesale activities ...
Jun 12, 2013 · It involves Mokhzani Mahathir, son of former prime minister and current Petronas adviser Dr Mahathir Mohamad, who is also one of the major shareholders of SapuraKencana Petroleum together...
2 days ago · Mahathir says we are seeking a "giant", reform the power first. ... Daim, Mirzan and Mokhzani - “Revenge could be the reason” says Tun M “Advise - they can reject what I said, or they can supplement it or modify it," he stated, advocating for a collaborative approach to governance. Dr Mahathir recounted his own experience during Malaysia ...
Dec 4, 2014 · KUALA LUMPUR (Dec 4): Tan Sri Mokhzani Mahathir, the vice chairman of SapuraKencana Petroleum Bhd vice chairman, has bought an additional two million shares, taking advantage of the sharp fall on the company’s share price.
Tan Sri Mokhzani Mahathir. Ranked one of the 50 richest in Malaysia by Forbes Asia, the son of Tun Dr Mahathir Mohamad sits on the board of Opcom Holdings, Maxis and the Royal Automotive Club.
Jun 12, 2024 · Mahathir also accused Anwar of targeting his two eldest sons, Mirzan Mahathir and Mokhzani Mahathir. Anwar, who served as Mahathir’s deputy during the 1990s, has denied targeting political ...
May 17, 2024 · Mokhzani, the son of two-time prime minister Tun Dr Mahathir Mohamad, has served as a director of Maxis since its relisting on Bursa Malaysia in 2009, and as the chairman of the board since April 22, 2021.
