Substantial Shareholdings In Vantris Energy Berhad ("Vantris Energy")

Sep 26, 2025 Back

 

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:

 

Direct

Indirect

No. of

Ordinary Shares Held

% of

Issued Shares

No. of

Ordinary Shares Held

% of

Issued Shares

421,670,537

18.48%

40,777,214

1.79%

 

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.

 


Announcement Info

Company Name MALAYAN BANKING BERHAD
Stock Name MAYBANK
Date Announced 26 Sep 2025
Category General Announcement for PLC
Reference Number GA1-26092025-00021