Vantris Energy successfully completes restructuring and exits financial watch list

Vantris Energy successfully completes restructuring and exits financial watch list

Updated at: June 18, 2026 at 12:30 AM

A significant milestone has been reached in Malaysia's corporate sector as Vantris Energy Berhad officially exited the Practice Note 17 (PN17) financial watch list on June 18, 2026.

nounmilestone
verbreach
adjectivecorporate
verbexit
adjectivefinancial

Formerly known as Sapura Energy Berhad, the oil and gas giant underwent a comprehensive transformation to overcome years of financial distress.

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adjectivefinancial
noundistress

Central to this recovery was one of the most complex restructuring exercises in Malaysian history, involving a massive debt reduction from RM10.8 billion to RM5.5 billion and the successful settlement of RM1.1 billion owed to local vendors.

nounrecovery
nounrestructuring

Under the leadership of CEO Muhammad Zamri Jusoh, the company aims to ensure long-term sustainability and consistent earnings, marking a definitive clean break from its challenging past.

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Comprehension Questions

What was the former name of Vantris Energy Berhad?

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Correct Choice

Sapura Energy Berhad

When did the company officially exit the PN17 financial watch list?

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June 18, 2026

How much was the company's debt reduced to as part of the restructuring?

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RM5.5 billion

What is the primary focus of the 'Strength with Purpose' strategy?

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Disciplined recovery and improved operational execution

Who is the CEO of Vantris Energy leading the company's new chapter?

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Correct Choice

Muhammad Zamri Jusoh

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