HIBISCS

1.620

-0.07 (-4.1%)

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
24 Dec 2025
100,000
Acquired Direct Interest
Name of registered holder CGS International Nominees Malaysia (Tempatan) Sdn. Bhd. Pledged Securities Account For Tang Vee Mun
Description of "Others" Type of Transaction
26 Dec 2025
455,100
Acquired 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 Open market acquisition
Nature of interest Direct Interest
Direct (units) 20,401,540
Direct (%) 2.767
Indirect/deemed interest (units) 93,570,726
Indirect/deemed interest (%) 12.689
Total no of securities after change 113,972,266
Date of notice 29 Dec 2025
Date notice received by Listed Issuer 29 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) - 2,678,200 ordinary shares 

4) Cimsec Nominees (Tempatan) Sdn Bhd CIMB for Tang Vee Mun (PB) - 7,255,100 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 29 Dec 2025
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-19122025-00198