| Type | Announcement | ||||||||||||
| Subject | OTHERS |
||||||||||||
| Description | MALAYAN BANKING BERHAD ("MAYBANK") - SUBSTANTIAL SHAREHOLDINGS IN VANTRIS ENERGY BERHAD ("VANTRIS ENERGY") |
||||||||||||
|
The Board of Directors of Maybank wishes to announce that pursuant to a Scheme of Arrangement under Section 366 of the Companies Act, 2016, a total of 462,447,751 new ordinary shares in Vantris Energy and 498,478,572 redeemable convertible unsecured Islamic debt securities in Vantris Energy have been issued to Maybank and Maybank Islamic Berhad (“MIB”), a wholly-owned subsidiary of Maybank, as part of the settlement terms of certain outstanding liabilities owing by Sapura TMC Sdn Bhd, a wholly-owned subsidiary of Vantris Energy.
As at 26 September 2025, Maybank’s direct and indirect (through MIB) shareholdings in Vantris Energy are as follows:
Accordingly, Maybank is deemed to be a substantial shareholder of Vantris Energy pursuant to Section 136 of the Companies Act, 2016.
This announcement is dated 26 September 2025. |
|||||||||||||
| Company Name | MALAYAN BANKING BERHAD |
| Stock Name | MAYBANK |
| Date Announced | 26 Sep 2025 |
| Category | General Announcement for PLC |
| Reference Number | GA1-26092025-00021 |