Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
| HIBISCUS PETROLEUM BERHAD |
Particulars of substantial Securities Holder
| Name | DATUK MICHAEL TANG VEE MUN |
| Nationality/Country of incorporation | Malaysia |
| Descriptions (Class) | Ordinary Shares |
Details of changes
| No | Date of change | No of securities |
Type of Transaction | Nature of Interest |
| 1 | 16 Dec 2025 | 433,700 |
Acquired | Direct Interest |
| Name of registered holder | Affin Hwang Nominees (Tempatan) Sdn Bhd Pledged Securites Account for Tang Vee Mun (Datuk) | |||
| Description of "Others" Type of Transaction | ||||
| 2 | 17 Dec 2025 | 600,000 |
Acquired | Direct Interest |
| Name of registered holder | Affin Hwang Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Tang Vee Mun (Datuk) | |||
| Description of "Others" Type of Transaction | ||||
| 3 | 18 Dec 2025 | 760,000 |
Acquired | Direct Interest |
| Name of registered holder | Affin Hwang Nominees (Tempatan) Sdn Bhd Pledged Securites Account for Tang Vee Mun (Datuk) | |||
| Description of "Others" Type of Transaction | ||||
| 4 | 18 Dec 2025 | 11,000,000 |
Acquired | Indirect Interest |
| Name of registered holder | Affin Hwang Nominess (Tempatan) Sdn Bhd Pledged Securities Account for Mettiz Capital Sdn Bhd | |||
| Description of "Others" Type of Transaction | ||||
| Circumstances by reason of which change has occurred | (i) Open market acquisition 433,700 on 16 December 2025 and 600,000 on 17 December 2025 - Direct Interest (ii) Acquired via Direct Business Transaction ("DBT") 760,000 on 18 December 2025 - Direct Interest (iii) Acquired 11,000,000 on 18 December 2025 via DBT held by Affin Hwang Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Mettiz Capital Sdn Bhd - Indirect/Deemed Interest |
| Nature of interest | Direct and Indirect Interest |
| Direct (units) | 19,846,440 |
| Direct (%) | 2.691 |
| Indirect/deemed interest (units) | 93,570,726 |
| Indirect/deemed interest (%) | 12.689 |
| Total no of securities after change | 113,417,166 |
| Date of notice | 19 Dec 2025 |
| Date notice received by Listed Issuer | 19 Dec 2025 |
| Remarks : |
After the change, the direct interest of Datuk Michael Tang Vee Mun is as follows: 1) Datuk Tang Vee Mun - 100,000 ordinary shares 2) Affin Hwang Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Tang Vee Mun (Datuk) - 10,368,240 ordinary shares 3) CGS International Nominees Malaysia (Tempatan) Sdn Bhd Pledged Securities Account for Datuk Tang Vee Mun (MY4553) - 2,578,200 ordinary shares 4) Cimsec Nominees (Tempatan) Sdn Bhd CIMB for Tang Vee Mun (PB) - 6,800,000 ordinary shares The deemed interest is by virtue of Datuk Michael Tang Vee Mun's interest in Mettiz Capital Sdn Bhd and Polo Investments Limited pursuant to Section 8 of the Companies Act 2016, as follows: 1) 34,760,000 ordinary shares are registered in the name of Cimsec Nominees (Asing) Sdn Bhd CIMB for Polo Investments Limited (PB); 2) 10,800,000 ordinary shares are registered in the name of CGS International Nominees Malaysia (Asing) Sdn Bhd Pledged Securities Account for Polo Investments Limited (M4553B); 3) 10,000,000 ordinary shares are registered in the name of CGS International Nominees Malaysia (Asing) Sdn Bhd Pledged Securities Account for Polo Investments Limited (M3831C); 4) 450,000 ordinary shares are registered in the name of Cimsec Nominees (Tempatan) Sdn Bhd CIMB for Mettiz Capital Sdn Bhd (PB); 5) 28,560,726 ordinary shares are registered in the name of Affin Hwang Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Mettiz Capital Sdn Bhd; and 6) 9,000,000 ordinary shares are registered in the name of CGS International Nominees Malaysia (Tempatan) Sdn Bhd Pledged Securities Account for Mettiz Capital Sdn Bhd (MY3831). The percentage of the direct and indirect/deemed interest are calculated based on the issued share capital of 737,395,328 ordinary shares. |
Announcement Info
| Company Name | HIBISCUS PETROLEUM BERHAD |
| Stock Name | HIBISCS |
| Date Announced | 19 Dec 2025 |
| Category | Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016 |
| Reference Number | CS2-17122025-00162 |