Vantris’ RM1.1b rescue from MOF hinges on restructuring by March 2026


Dateline 2025-08-15, The Edge Malaysia:

KUALA LUMPUR (Aug 15): Vantris Energy Bhd (KL:VANTNRG), formerly Sapura Energy, has signed a deal with a Ministry of Finance (MOF)-owned firm for an up to RM1.1 billion cash injection to pay its Malaysian vendors. The deal depends on Vantris’ restructuring plan taking effect by March 11, 2026, though the deadline can be extended upon agreement by both parties.

In a filing with the bourse, the debt-laden oil and gas company said it signed a redeemable convertible loan stocks (RCLS) subscription agreement with Malaysia Development Holding (MDH) on Friday. The deal was first announced in March this year.
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