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 | 11 Mar 2026 | 300,000 |
Disposed | Direct Interest |
| Name of registered holder | Affin Hwang Nominees (Tempatan) Sdn Bhd Pledged Securites Account for Tang Vee Mun | |||
| Description of "Others" Type of Transaction | ||||
| 2 | 11 Mar 2026 | 1,383,400 |
Disposed | Direct Interest |
| Name of registered holder | Cimsec Nominees (Tempatan) Sdn Bhd CIMB for Tang Vee Mun (PB) | |||
| Description of "Others" Type of Transaction | ||||
| Circumstances by reason of which change has occurred | Disposed 300,000 shares and 1,383,400 shares on 11 March 2026 - Direct interest |
| Nature of interest | Direct Interest |
| Direct (units) | 16,890,000 |
| Direct (%) | 2.29 |
| Indirect/deemed interest (units) | 92,489,926 |
| Indirect/deemed interest (%) | 12.543 |
| Total no of securities after change | 109,379,926 |
| Date of notice | 13 Mar 2026 |
| Date notice received by Listed Issuer | 13 Mar 2026 |
| Remarks : |
After the change, the direct interest of Datuk Michael Tang Vee Mun is as follows: 1) Affin Hwang Nominees (Tempatan) Sdn Bhd Pledged Securities Account for Tang Vee Mun (Datuk) - 16,890,000 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) 8,900,500 ordinary shares are registered in the name of CGS International Nominees Malaysia (Asing) Sdn Bhd Pledged Securities Account for Polo Investments Limited (M4553B); 3) 11,899,500 ordinary shares are registered in the name of CGS International Nominees Malaysia (Asing) Sdn Bhd Pledged Securities Account for Polo Investments Limited (M3831C); 4) 250,000 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) 8,119,200 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 | 13 Mar 2026 |
| Category | Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016 |
| Reference Number | CS2-12032026-00175 |