HIBISCS

2.090

-0.06 (-2.8%)

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
29 Apr 2026
2,063,400
Disposed Indirect Interest
Name of registered holder CGS International Nominees Malaysia (Asing) S/B Pledged Securities Account for Polo Investments Ltd
Description of "Others" Type of Transaction
29 Apr 2026
2,765,400
Disposed Indirect Interest
Name of registered holder CGS International Nominees Malaysia (Asing) S/B Pledged Securities Account for Polo Investments Ltd
Description of "Others" Type of Transaction
30 Apr 2026
613,700
Disposed Indirect Interest
Name of registered holder CGS International Nominees Malaysia (Asing) S/B Pledged Securities Account for Polo Investments Ltd
Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred Disposed 2,063,400 shares and 2,765,400 shares on 29 April 2026 and disposed 613,700 shares on 30 April 2026 - Indirect / Deemed Interest
Nature of interest Indirect Interest
Direct (units) 0
Direct (%) 0
Indirect/deemed interest (units) 76,815,726
Indirect/deemed interest (%) 10.417
Total no of securities after change 76,815,726
Date of notice 04 May 2026
Date notice received by Listed Issuer 04 May 2026


Remarks :
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) 7,234,600 ordinary shares are registered in the name of CGS International Nominees Malaysia (Asing) Sdn Bhd Pledged Securities Account for Polo Investments Limited (M3831C);

3) 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

4) 6,260,400 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 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 04 May 2026
Category Change in the Interest of Substantial Shareholder Pursuant to Section 138 of CA 2016
Reference Number CS2-29042026-00156