Sapura Energy Berhad has officially changed its name to Vantris Energy Berhad (Vantris Energy), to reflect the cumulative effort the company has made in its corporate transformation. This follows shareholder approval at an Extraordinary General Meeting held on 30 July 2025.
In a separate EGM on the same day, shareholders also overwhelmingly approved the company’s Proposed Regularisation Plan - a key step in its financial and operational turnaround.
Note: Under the regularisation plan, Vantris Energy will perform a 99.99% capital reduction to offset accumulated losses, along with a 20-to-one share consolidation.
Okok... Back to the topic, why renamed to Vantris? 👀
Note: Under the regularisation plan, Vantris Energy will perform a 99.99% capital reduction to offset accumulated losses, along with a 20-to-one share consolidation.
According to the company, the name Vantris Energy reflects the Group’s renewed purpose and identity.
- “Van” is derived from “vanguard,” symbolising being at the forefront and moving forward with purpose
- “Tri” signifies the Company’s commitment to its three core values, three principles and three business pillars
- “S” encapsulates its brand promise: “Solutions Delivered Safely”
- ‘Energy’ grounds the name in its core sector and the drive of its people
“The idea for the name came from our own people - we receive over 200 submissions and Vantris Energy emerged as the top choice,” explained Vantris Energy Group Chief Executive Officer Muhammad Zamri Jusoh.
“It marks a new chapter for our Company, honours our journey, and represents the trust we aim to rebuild with stakeholders.”
According to Bursa, the company’s securities will be traded and quoted under the new name with effect from 9.00 a.m., Wednesday, 6 August 2025. The Stock Number remains unchanged.
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