Reference is made to the Company's announcement on 21 August 2026 pertaining to creditors' voluntary winding up ("CVL") of Invation Aero Sdn. Bhd ("IASB").
Pursuant to Paragraph 9.19(20) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities"), Sapura Resources Berhad ("SRB" or "the Company") wishes to inform that IASB, its indirect wholly-owned subsidiary, had on 14 September 2026 held meetings of the members and creditors. During the meeting of creditors, Tan Kee Huat and Lam Lee San of Norvic Corporate Services Sdn. Bhd., with business address at Wisma Goshen, 2nd Floor, 60, 62 & 64, Jalan SS22/21, Damansara Jaya, 47400 Petaling Jaya, Selangor Darul Ehsan, had been appointed as the Joint and/or Several Liquidators to commence the CVL of IASB.
The principal activities of IASB are sale of rotary wing and fixed wing aircraft, supply and provision of maintenance, repair and overhaul services in relation to aircraft and helicopters and provision of programs such as wet leasing and dry leasing of aircraft and helicopters. It has ceased its business operations and is currently dormant.
IASB is not a major subsidiary of SRB as per Paragraph 1.01 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad. As at 31 August 2026, IASB is in shareholders' deficit and net current liabilities of RM1,180,500.95. The CVL is not expected to have any material effect on the earnings, net assets, gearing or operations of SRB and its subsidiaries, nor is SRB expected to incur any material loss arising from the CVL.
SRB will assist and cooperate with the liquidator to facilitate the CVL of IASB. None of the Directors and/or major shareholders of SRB and/or persons connected with them has direct or indirect interest in the CVL.
This announcement is dated 14 September 2026.