Vantris Energy Berhad is pleased to announce that Bursa Malaysia Securities Berhad has approved the Company’s application for upliftment from its classification as an affected listed issuer under Practice Note 17  of the Main Market Listing Requirements.

The approval marks a major milestone in Vantris Energy’s recovery journey, following the successful completion of its financial restructuring and the delivery of two consecutive quarters of profitability.

Vantris Energy was classified as a PN17 company since May 2022, following a period of significant financial distress. Since then, the Company and its subsidiaries (“the Group”) have undertaken one of the most complex corporate restructuring exercises in the country, involving debt restructuring, capital reconstruction, new investments, creditor settlements, and the restoration of a healthier financial position.

The Group completed its Regularisation Plan and achieved the Restructuring Effective Date (“RED”) on 26 September 2025. Since then, Vantris Energy has continued to strengthen its financial and operational position.

Commenting on the approval, Vantris Energy Group Chief Executive Officer Muhammad Zamri Jusoh said, “This is a deeply significant moment for Vantris Energy. The upliftment from PN17 status brings a sense of relief, but more importantly, it reflects the hard work, patience and belief of many people who stayed the course through an exceptionally difficult period.”

He added, “We are grateful to Bursa, regulators, shareholders, financiers, vendors, clients, our employees and all stakeholders who continued to support the Group through our restructuring journey. Their trust and confidence gave us the opportunity to rebuild. The approval represents an important step forward, but does not mark the end of the Group’s recovery journey.”

Its Group Chief Financial Officer Ganesh Gunaratnam said, “Our focus now is on sustaining operational momentum, improving earnings consistency across all segments, tightening cost control and rebuilding a stronger track record. Exiting PN17 gives us a stronger platform, but the responsibility now is to deliver consistently,” he said.

The Group’s ongoing strategy remains centred on strengthening its core businesses, improving risk management, replenishing its order book responsibly and focusing on opportunities aligned with its operational capabilities.

Zamri added, “This milestone belongs to everyone who helped Vantris Energy get here. It is a moment to acknowledge how far we have come, but also to recognise the work that still lies ahead. We are moving forward with stronger resolve, healthier financial standing and a clear focus on long-term value creation.”

The upliftment from PN17 status is effective from 9.00 a.m., Thursday, 18 June 2026.