Richest People

Datuk Shahril Shamsuddin – Sapura Group (Main Market)

DATUK SHAHRIL SHAMSUDDIN

The Sapura Group is one of the most established bumiputera companies in Malaysia. It was formerly involved in the telecommunication sectors where today it has diversified to other areas and businesses. The company began operations in 1984 and today, it is one of the major players in the telecommunications, oil and gas and other sectors.

The company was setup in 1975 where it was then a technology-based company which is still very much the core business for Sapura today. The group is led by its president and chief executive officer Datuk Shahril Shamsuddin and his brother, Shahriman Shamsuddin, the Executive Director of the group. Together, they manage one of the largest conglomerates in the country where it began humbly as a provider of telecommunications infrastructure and services.

One would surely remember the former mobile operator ADAM which was managed by the Sapura Group. Today, Sapura Group manages 4 major types of businesses namely oil and gas, secured technologies, industrial and automotive manufacturing as well as in the area of education and knowledge.

Sapura Group has been actively involved and led in the acquisition and development of strategic technologies since it was built more than 30 years ago and now it is the parent company for the likes of SapuraCrest Petroleum Bhd, Sapura Industrial Berhad, Sapura Resources Berhad, which are all listed in Bursa Malaysia. SapuraCrest recently went into a merger with Kencana Petroleum Berhad, chaired by Datuk Mokhzani Mahathir in a deal said to be worth RM11.85billion. Consequently, it would derive one of the largest oil and gas companies in Malaysia and will be jointly chaired by Mokhzani and Shahril. This will essentially make the company the fifth largest oil and gas service provider in the world. Sapura’s businesses have since expanded to other countries where they are present in the markets of Sri Lanka, the Philippines, Pakistan, India, China, Australia, Singapore, Japan and Brunei.