【VELESTO 5243 交流专区】（前名 UMWOG）

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velesto获3363万合约-供应国油勘探钻井台
https://www.enanyang.my/news/20190904/velesto获3363万合约-br供应国油勘探钻井台/

Type	Announcement
Subject	OTHERS
Description	CONTRACT FOR THE PROVISION OF DRILLING RIG SERVICES FOR PETRONAS CARIGALI SDN. BHD. DRILLING PROGRAMME
1.         INTRODUCTION The Board of Directors of Velesto Energy Berhad ("VEB") is pleased to announce that Velesto Drilling Sdn. Bhd. (“VED”), a wholly-owned subsidiary of Velesto Malaysian Ventures Sdn. Bhd. (“VMV”), which in turn is a wholly-owned subsidiary of VEB, has received a Letter of Award from PETRONAS Carigali Sdn. Bhd. (“PCSB”), for the Provision of Jack Up Drilling Rig “NAGA 7” (“Contract”). 2.         DETAILS The Contract is for the provision of Drilling Rig Services for PCSB’s drilling programme, whereby VEB Group will assign its NAGA 7. The Contract is to drill two (2) firm wells with estimated contract value of USD8 million and expected commencement date in Quarter 3 2019. 3.         INFORMATION ON PARTIES 3.1      Information on VED VED was incorporated in Malaysia under the Companies Act, 1965 on 29 July 2003 and is deemed to be registered under the Companies Act 2016. VED is principally involved in the offshore drilling business and operations and other engineering services for oil and gas exploration, development and production in Malaysia and overseas. 3.2       Information on PCSB PCSB, a wholly-owned subsidiary of Petroliam Nasional Berhad (PETRONAS), is a leading exploration and production (E&P) company taking on increasingly challenging projects to bring new oil & gas supplies to the market. PCSB was incorporated in Malaysia under the Companies Act, 1965 on 11 May 1978 and has its registered office at Tower 1, Petronas Twin Towers, Kuala Lumpur City Centre, 50088 Kuala Lumpur, Malaysia. The principal activities of PCSB are the exploration, development and production of oil and gas. 4.         FINANCIAL EFFECTS The provision of the abovementioned services is expected to contribute positively towards the earnings and net assets of VEB Group during the contract period for the financial period ending 31 December 2019. 5.         RISK ASSOCIATED WITH THE CONTRACT The risks associated with the execution of the Contract are operational and execution risks, which will be mitigated and/or managed by VED, a company with a proven successful track record of undertaking drilling programmes. 6.         CONFIDENTIALITY The contents for this Announcement is in accordance with the terms of the Contract, which the Company has received the approval for the release of Announcement today, 4 September 2019 from PCSB. 7.         DIRECTORS AND SUBSTANTIAL SHAREHOLDERS INTEREST None of the Directors and/or the substantial shareholders of VEB and/or persons connected with the Directors and/or substantial shareholders have any interest, direct or indirect in the above Contract. 8.         STATEMENT BY DIRECTORS The Board of Directors of VEB is of the opinion that the award of the Contract is in the best interests of VEB Group. This announcement is dated 4 September 2019.

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velesto能源-转盈在望前景看俏
https://www.enanyang.my/news/20190905/【视频】velesto能源-转盈在望前景看俏/

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Type	Announcement
Subject	OTHERS
Description	CONTRACT FOR THE PROVISION OF 10K JACK UP DRILLING RIG FOR 2020 DRILLING PROGRAMME WITH CARIGALI HESS OPERATING COMPANY SDN. BHD.
1. INTRODUCTION The Board of Directors of Velesto Energy Berhad ("VEB") is pleased to announce that Velesto Drilling Sdn. Bhd. (“VED”), a wholly-owned subsidiary of Velesto Malaysian Ventures Sdn. Bhd. (“VMV”), which in turn is a wholly-owned subsidiary of VEB, has received a Letter of Award from Carigali Hess Operating Company Sdn Bhd (“Carigali Hess”), for the Provision of 10K Jack Up Drilling Rig for 2020 Drilling Programme (“Contract”), the approval of which was received today. 2. DETAILS VEB Group will assign NAGA 8 for this Contract with an estimated contract value for firm period only of USD131,000,000 million. The Contract is expected to commence in the 2nd half of 2020, for a duration of three (3) years with three (3) extension options of six (6) months each. NAGA 8 is a premium independent-leg cantilever jack-up rig that has a drilling depth capability of 30,000 feet and has a rated operating water depth of 400 feet. 3. INFORMATION ON PARTIES 3.1 Information on VED VED was incorporated in Malaysia under the Companies Act, 1965 on 29 July 2003 and is deemed to be registered under the Companies Act 2016. VED is principally involved in the offshore drilling business and operations and other engineering services for oil and gas exploration, development and production in Malaysia and overseas. 3.2 Information on Carigali Hess Carigali Hess is a joint venture Oil and Gas company between PCJDA Ltd, and Hess Oil Company of Thailand Ltd based in Kuala Lumpur engaged in gas production in Block A-18 of the Joint Development Area administered by the Malaysian-Thailand Joint Authority (MTJA). 4. FINANCIAL EFFECTS The provision of the above mentioned services is expected to contribute positively towards the earnings and net assets of VEB Group during the contract period for the financial period ending 31 December 2020. 5. RISK ASSOCIATED WITH THE CONTRACT The risks associated with the execution of the Contract are operational and execution risks, which will be mitigated and/or managed by VED, a company with a proven successful track record of undertaking drilling programmes. 6. CONFIDENTIALITY The contents for this Announcement is in accordance with the terms of the Contract, which the Company has received the approval for the release of Announcement today, from Carigali Hess. 7. DIRECTORS AND SUBSTANTIAL SHAREHOLDERS INTEREST None of the Directors and/or the substantial shareholders of VEB and/or persons connected with the Directors and/or substantial shareholders have any interest, direct or indirect in the above Contract. 8. STATEMENT BY DIRECTORS The Board of Directors of VEB is of the opinion that the award of the Contract is in the best interests of VEB Group. This announcement is dated 5th November 2019.

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Type	Announcement
Subject	OTHERS
Description	CONTRACT FOR THE PROVISION OF 10K JACK UP DRILLING RIG FOR 2020 DRILLING PROGRAMME WITH CARIGALI HESS OPERATING COMPANY SDN. BHD.
(Unless otherwise stated, the definitions used in this announcement are the same as those previously defined in the announcement dated 5 November 2019) We refer to the Company's announcement made on 5 November 2019 (“Announcement”) in relation to VED's receipt of Letter of Award from Carigali Hess for the Contract. We wish to highlight that the estimated contract value stated in the Announcement should be read as USD131 million instead of RM131 million. This announcement is dated 5th November 2019.

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2019	30 Sep 2018	30 Sep 2019	30 Sep 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	208,573	150,324	492,654	383,929
2	Profit/(loss) before tax	35,825	-13,365	27,899	-33,084
3	Profit/(loss) for the period	33,329	-13,610	22,867	-33,516
4	Profit/(loss) attributable to ordinary equity holders of the parent	33,321	-13,569	23,015	-32,634
5	Basic earnings/(loss) per share (Subunit)	0.41	-0.17	0.28	-0.40
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.3458		0.3404

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Type	Announcement
Subject	OTHERS
Description	CONTRACT FOR PROVISION OF JACK-UP DRILLING RIG UNIT & SERVICES FOR PEGAGA DEVELOPMENT DRILLING CAMPAIGN
1. INTRODUCTION The Board of Directors of Velesto Energy Berhad ("VEB") is pleased to announce that Velesto Drilling Sdn. Bhd. (“VED”), a wholly-owned subsidiary of Velesto Malaysian Ventures Sdn. Bhd. (“VMV”), which in turn is a wholly-owned subsidiary of VEB, has received a Letter of Award from Mubadala Petroleum’s entity, MDC Oil & Gas (SK 320) Ltd (Mubadala Petroleum), for the Provision of Jack Up Drilling Rig Unit & Services for Pegaga Development Drilling Campaign (“Contract”). 2. DETAILS The Contract is for the provision of a jack-up drilling rig to undertake drilling services for Mubadala Petroleum having an estimated contract value of USD30 million. The Contract is to drill seven (7) firm wells with an expected commencement date envisaged for the second quarter of 2020. VED will use its NAGA 4 to undertake the works. NAGA 4 is a premium independent-leg cantilever jack-up drilling rig that has a drilling depth capability of 30,000 feet and has a rated operating water depth of 400 feet. 3. INFORMATION ON PARTIES 3.1 Information on VED VED was incorporated in Malaysia under the Companies Act, 1965 on 29 July 2003 and is deemed to be registered under the Companies Act 2016. VED is principally involved in the offshore drilling business and operations and other engineering services for oil and gas exploration, development and production in Malaysia and overseas. 3.2 Information on Mubadala Petroleum Mubadala Petroleum is located at Level 11, Menara 3 PETRONAS, Kuala Lumpur City Centre, 50088 Kuala Lumpur, Malaysia. The nature of business for Mubadala Petroleum is exploration, development and production activities for oil and gas. 4. FINANCIAL EFFECTS The provision of the abovementioned services is expected to contribute positively towards the earnings and net assets of VEB and its subsidiaries (“VEB Group”) of which VED is part of during the Contract period for the financial year ending 31 December 2020. 5. RISK ASSOCIATED WITH THE CONTRACT The risks associated with the execution of the Contract are operational and execution risks, which will be mitigated and/or managed by VED, a company with a proven successful track record of undertaking drilling programmes. 6. CONFIDENTIALITY The contents for this announcement is in accordance with the terms of the Contract, with the approval for the release of announcement provided by Mubadala Petroleum. 7. DIRECTORS AND SUBSTANTIAL SHAREHOLDERS INTEREST None of the Directors and/or the substantial shareholders of VEB and/or persons connected with the Directors and/or substantial shareholders have any interest, direct or indirect in the above Contract. 8. STATEMENT BY DIRECTORS The Board of Directors of VEB is of the opinion that the award of the Contract is in the best interests of VEB Group. This announcement is dated 11 December 2019.

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2019	31 Dec 2018	31 Dec 2019	31 Dec 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	178,101	189,875	670,755	573,804
2	Profit/(loss) before tax	14,592	15,521	42,491	-17,563
3	Profit/(loss) for the period	10,201	13,080	33,068	-20,436
4	Profit/(loss) attributable to ordinary equity holders of the parent	10,201	13,106	33,216	-19,528
5	Basic earnings/(loss) per share (Subunit)	0.12	0.16	0.40	-0.24
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.3411		0.3404

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Type	Announcement
Subject	OTHERS
Description	VELESTO ENERGY BERHAD ("VEB" OR THE "COMPANY")PROPOSED SHARE CAPITAL REDUCTION
On behalf of the Board of Directors of the Company, Affin Hwang Investment Bank Berhad wishes to announce that the Company proposes to undertake a capital reduction exercise by reducing and cancelling the issued share capital of the Company pursuant to Section 116 of the Companies Act, 2016 (“Proposed Share Capital Reduction”). For avoidance of doubt, the Proposed Share Capital Reduction will not result in: (i) any adjustment to the share price of the Company; (ii) any change in the total number of ordinary shares of the Company (“VEB Shares”) in issue or the number of VEB Shares held by the shareholders of the Company; (iii) any payment to the shareholders of the Company; and (iv) any outflow of cash or change in the net assets of the Company and its subsidiaries, save for the estimated expenses to be incurred in relation to the Proposed Share Capital Reduction. Please refer to the attachment for further details on the Proposed Share Capital Reduction. This announcement is dated 25 February 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3026836

Attachments VEB Announcement - Proposed Capital Reduction (25.02.2020).pdf

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Notice of Person Ceasing (Section 139 of CA 2016)

VELESTO ENERGY BERHAD

Particulars of Substantial Securities Holder

Name	EMPLOYEES PROVIDENT FUND BOARD
Address	Tingkat 19, Bangunan KWSP Jalan Raja Laut Kuala Lumpur 50350 Wilayah Persekutuan Malaysia.
Company No.	EPF ACT 1991
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Date of cessation	27 Apr 2020
Name & address of registered holder	CITIGROUP NOMINEES (TEMPATAN) SDN BHDLevel 42, Menara Citibank, 165 Jalan Ampang, 50450 Kuala Lumpur

No of securities disposed	30,000,000
Circumstances by reason of which a person ceases to be a substantial shareholder	Disposal of Shares
Nature of interest	Direct Interest
Date of notice	28 Apr 2020
Date notice received by Listed Issuer	30 Apr 2020

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VELESTO ENERGY BERHAD

Date of change	31 May 2020
Name	PUAN RAFIZA BINTI GHAZALI
Age	48
Gender	Female
Nationality	Malaysia
Type of change	Resignation
Designation	Chief Financial Officer
Reason	For career advancement.

Date of change	01 Jun 2020
Name	PUAN SAZLYNA BINTI SAPIEE
Age	55
Gender	Female
Nationality	Malaysia
Type of change	Appointment
Designation	Chief Financial Officer

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information 1 Professional Qualification Association of Chartered Certified Accountants (ACCA) Emily Woolf College, London 2 Professional Qualification Fellow Member Association of Chartered Certified Accountants 3 Professional Qualification Member Malaysian Institute of Accountants
Working experience and occupation	Sazlyna Sapiee ("Sazlyna") has about 30 years of experience in various financial management area, including corporate exercises, corporate planning, operational financial management and reporting, audit, internal control and system implementation.Prior to joining Velesto Energy Berhad, Sazlyna was the Group Financial Controller for Sapura Energy Berhad. She was the Director of Finance for Sapura Energy Berhad, Drilling Division in Singapore managing 16 rigs operating globally. She started as audit trainee in Rifson Chartered Accountant in United Kingdom and thereafter was with Faber Group of Companies, part of UEM Group Berhad, with last position as General Manager, Corporate Management Services. Subsequently, she joined Scomi Group as Regional Controller.

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2020	31 Mar 2019	31 Mar 2020	31 Mar 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	176,269	127,029	176,269	127,029
2	Profit/(loss) before tax	17,732	-19,615	17,732	-19,615
3	Profit/(loss) for the period	16,325	-22,227	16,325	-22,227
4	Profit/(loss) attributable to ordinary equity holders of the parent	16,325	-22,219	16,325	-22,219
5	Basic earnings/(loss) per share (Subunit)	0.20	-0.27	0.20	-0.27
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.3618		0.3411

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VELESTO ENERGY BERHAD

Date of change	10 Jun 2020
Name	DATO' ABDUL RAHMAN AHMAD
Age	51
Gender	Male
Nationality	Malaysia
Designation	Chairman
Directorate	Non Independent and Non Executive
Type of change	Resignation
Reason	Due to his appointment as the Group Chief Executive Officer of CIMB Group Holdings Berhad and Chief Executive Officer of CIMB Bank Berhad.
Details of any disagreement that he/she has with the Board of Directors	No
Whether there are any matters that need to be brought to the attention of shareholders	No

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Professional Qualification	Chartered Accountant	Institute of Chartered Accountants in England and Wales
2	Masters	Masters of Arts in Economics	Cambridge University, United Kingdom

Working experience and occupation

Dato' Abdul Rahman Ahmad ("Dato' Abdul Rahman") began his career at Arthur Andersen, London and later served as Special Assistant to the Executive Chairman of Trenergy (M) Berhad/Turnaround Managers Inc (M) Sdn Bhd. He subsequently joined Pengurusan Danaharta Nasional Berhad, the country's national asset management company as Unit Head and later went on to become Executive Director of SSR Associates Sdn Bhd.Dato' Abdul Rahman was the Group Managing Director/Chief Executive Officer of Malaysian Resources Corporation Berhad and subsequently served the same position for Media Prima Berhad. He was then appointed as the Chief Executive Officer of Ekuiti Nasional Berhad and thereafter served as the President and Group Chief Executive Officer of Permodalan Nasional Berhad.

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Date of change	10 Jun 2020
Name	ENCIK MOHD RASHID MOHD YUSOF
Age	64
Gender	Male
Nationality	Malaysia
Type of change	Redesignation
Previous Position	Independent Director
New Position	Chairman
Directorate	Non Independent and Non Executive

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Professional Qualification	Fellow of Association of Chartered Certified Accountants (ACCA)	Chartered Association of Certified Accountants (UK)
2	Professional Qualification	Chartered Accountant	Malaysian Institute of Accountants
3	Professional Qualification	Advanced Management Program	Wharton Business School, Pennsylvania, USA

Working experience and occupation

Mohd Rashid Mohd Yusof ("Rashid Yusof") has over 40 years of oil and gas industry experience. During his years with PETRONAS, he held various financial positions such as Head of Group Accounting, Head of Group Treasury and Head of Group Internal Audit. He was also the Financial Director of Engen Petroleum Limited ("Engen"), before assuming Senior Management positions as the Chief Executive Officer of Malaysian International Trading Corporation Sdn Bhd and later as the Managing Director/ Chief Executive Officer of Engen in South Africa and Vice President of Supply Chain & Risk Management at PETRONAS. As the Managing Director/ Chief Executive Officer of Engen in South Africa, he was the Chairman of the South African Petroleum Industry Association for the year 2007.During the course of his career at PETRONAS, Rashid Yusof has also served as a Director for several companies in the group, including Putrajaya Holdings Sdn Bhd, Enpet Insurance Ltd. (Isle of Man), Trustee of the PETRONAS Retirement Benefit Fund, Director and Chairman of PETRONAS-ICT Sdn Bhd, Director of KLCC (Holdings) Sdn Bhd and Energas Insurance (Labuan) Ltd.Rashid Yusof currently sits on the Board of Scicom (MSC) Berhad, Media Prima Berhad and Standard Chartered Bank Malaysia Berhad. He is also a member of Audit & Risk Committee of the Malaysian Aviation Commission (MAVCOM).

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2020	30 Jun 2019	30 Jun 2020	30 Jun 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	140,947	157,052	317,216	284,081
2	Profit/(loss) before tax	-13,531	11,689	4,201	-7,926
3	Profit/(loss) for the period	-15,249	11,765	1,076	-10,462
4	Profit/(loss) attributable to ordinary equity holders of the parent	-15,249	11,913	1,076	-10,306
5	Basic earnings/(loss) per share (Subunit)	-0.19	0.15	0.01	-0.13
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.3571		0.3411

Notice of Person Ceasing (Section 139 of CA 2016)

VELESTO ENERGY BERHAD

Particulars of Substantial Securities Holder

Name	URUSHARTA JAMAAH SDN BHD
Address	Tingkat 7, Bangunan Setia 1 15 Lorong Dungun Bukit Damansara Kuala Lumpur 50490 Wilayah Persekutuan Malaysia.
Company No.	201801045610 (1307642-V)
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Name of registered holder	CITIGROUP NOMINEES (TEMPATAN) SDN BHD
Address of registered holder	Level 42, Menara Citibank, 165 Jalan Ampang, 50450, Kuala Lumpur
Date of cessation	05 Nov 2020

No of securities disposed	27,462,900
Circumstances by reason of which a person ceases to be a substantial shareholder	Disposal of shares
Nature of interest	Direct Interest
Date of notice	06 Nov 2020
Date notice received by Listed Issuer	10 Nov 2020

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2020	30 Sep 2019	30 Sep 2020	30 Sep 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	130,659	208,573	447,875	492,654
2	Profit/(loss) before tax	2,845	35,825	7,046	27,899
3	Profit/(loss) for the period	479	33,329	1,555	22,867
4	Profit/(loss) attributable to ordinary equity holders of the parent	479	33,321	1,555	23,015
5	Basic earnings/(loss) per share (Subunit)	0.01	0.41	0.02	0.28
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.3474		0.3411

RANHILL UTILITIES BERHAD

Entitlement subject	Second Interim Dividend
Entitlement description	Second Dividend of 1.0 sen per ordinary share in respect of the financial year ended 31 December 2020.
Ex-Date	10 Dec 2020
Entitlement date	11 Dec 2020
Entitlement time	5:00 PM
Financial Year End	31 Dec 2020
Period
Share transfer book & register of members will be	to  closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date	29 Dec 2020
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	11 Dec 2020
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Announced Currency	Malaysian Ringgit (MYR)
Disbursed Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	Malaysian Ringgit (MYR) 0.0100

VELESTO ENERGY BERHAD

Particulars of substantial Securities Holder

Name	PERMODALAN NASIONAL BERHAD
Address	Tingkat 4, Balai PNB No. 201-A, Jalan Tun Razak Kuala Lumpur 50400 Wilayah Persekutuan Malaysia.
Company No.	197801001190 (38218X)
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
1	18 Dec 2020	398,342,260	Disposed	Direct Interest
	Name of registered holder	PERMODALAN NASIONAL BERHAD
	Address of registered holder	Tingkat 4, Balai PNB 201-A, Jalan Tun Razak, 50400 Kuala Lumpur
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Sale of shares
Nature of interest	Direct Interest
Direct (units)	616,212,399
Direct (%)	7.501
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	616,212,399
Date of notice	18 Dec 2020
Date notice received by Listed Issuer	22 Dec 2020

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Type	Announcement
Subject	OTHERS
Description	LETTER OF AWARD FOR THE PROVISION OF JACK-UP DRILLING RIG FOR PETRONAS CARIGALI DRILLING PROGRAMME
1. INTRODUCTION The Board of Directors of Velesto Energy Berhad (“VEB”) is pleased to announce that Velesto Drilling Sdn Bhd (“VED”), a wholly-owned subsidiary of Velesto Malaysian Ventures Sdn Bhd, which in turn is a wholly-owned subsidiary of VEB, has received a Letter of Award from PETRONAS Carigali Sdn. Bhd. (“PCSB”), for the provision of jack-up drilling rig services (“Contract”). The Contract is for the provision of services of jack-up rig, namely NAGA 2, with an estimated Contract value of USD12.4 million. Details of the Contract is summarised below: 2. DETAILS 2.1       Provision of Jack-Up Drilling Rig “NAGA 2” For the provision of drilling rig services for PCSB’s drilling programme, VEB Group assigns its NAGA 2 to drill five (5) firm wells, with the extension option of one (1) plus one (1) well, with an expected commencement date of between 1 December 2021 to 31 December 2021. NAGA 2 is a premium independent-leg cantilever jack-up rig with drilling depth capability of 30,000 feet and has a rated operating water depth of 350 feet. 3. INFORMATION ON PARTIES 3.1       Information on Velesto Drilling Sdn. Bhd. VED was incorporated in Malaysia under the Companies Act, 1965 on 29 July 2003 and is deemed to be registered under the Companies Act 2016. VED is principally involved in the offshore drilling business and operations and other engineering services for oil and gas exploration, development and production in Malaysia and overseas. 3.2       Information on PCSB PCSB, a wholly-owned subsidiary of Petroliam Nasional Berhad (PETRONAS), is a leading exploration and production (“E&P”) company taking on increasingly challenging projects to bring new oil and gas supplies to the market. PCSB was incorporated in Malaysia under the Companies Act, 1965 on 11 May 1978 and has its registered office at Tower 1, PETRONAS Twin Towers, Kuala Lumpur City Centre, 50088 Kuala Lumpur, Malaysia. The principal activities of PCSB are the exploration, development and production of oil and gas. 4. FINANCIAL EFFECTS The provision of the above-mentioned services is expected to contribute to the earnings and net assets of VEB Group during the contract period for the financial period ending 31 December 2021. 5. RISK ASSOCIATED WITH THE CONTRACT The risks associated with the execution of the Contract are operational and execution risks, which will be mitigated and/or managed by VED, a company with a proven successful track record of undertaking drilling programmes. 6. DIRECTORS AND SUBSTANTIAL SHAREHOLDERS INTEREST None of the Directors and/or the substantial shareholders of VEB and/or persons connected with the Directors and/or substantial shareholders have any interest, direct or indirect in the Contract. 7. STATEMENT BY DIRECTORS The Board of Directors of VEB is of the opinion that the acceptance of the Contract is in the best interest of VEB Group. This announcement is dated 1 October 2021.

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2021

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2021	30 Sep 2020	30 Sep 2021	30 Sep 2020
		$$'000	$$'000	$$'000	$$'000

1	Revenue	91,542	130,659	219,024	447,875
2	Profit/(loss) before tax	-47,950	2,845	-87,428	7,046
3	Profit/(loss) for the period	-52,042	479	-96,249	1,555
4	Profit/(loss) attributable to ordinary equity holders of the parent	-52,042	479	-96,249	1,555
5	Basic earnings/(loss) per share (Subunit)	-0.63	0.01	-1.17	0.02
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.2752		0.2763

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Type	Announcement
Subject	OTHERS
Description	AWARD OF CONTRACT FOR THE PROVISION OF JACK-UP DRILLING RIG FOR ROC OIL (SARAWAK) SDN BHD
1. INTRODUCTION The Board of Directors of Velesto Energy Berhad ("VEB") is pleased to announce that Velesto Drilling Sdn. Bhd. (“VED”), a wholly-owned subsidiary of Velesto Malaysian Ventures Sdn. Bhd. (“VMV”), which in turn is a wholly-owned subsidiary of VEB, has received a Letter of Award from Roc Oil (Sarawak) Sdn Bhd ("ROC Oil") for the Provision of Jack-Up Drilling Rig services (“Contract”), the approval of which was received today. The Contract is for VEB’s jack-up rig, namely NAGA 2, with an estimated contract value of USD14 million. Details of the Contract is summarised below: 2. DETAILS The Contract is to drill three (3) firm wells with an estimated commencement date between 25 January 2023 to 25 February 2023. VEB Group will assign its NAGA 2 for this Contract. NAGA 2 is a premium independent-leg cantilever jack-up rig with drilling depth capability of 30,000 feet and has a rated operating water depth of 350 feet. 3. INFORMATION ON PARTIES 3.1 Information on VED VED was incorporated in Malaysia under the Companies Act, 1965 on 29 July 2003 and is deemed to be registered under the Companies Act 2016. VED is principally involved in the offshore drilling business and operations and other engineering services for oil and gas exploration, development and production in Malaysia and overseas. 3.2 Information on ROC Oil ROC Oil is a company incorporated in Malaysia on 18 December 2013 and focuses on the undertaking of upstream oil and gas activities. 4. FINANCIAL EFFECTS The provision of the above mentioned services is expected to contribute to the earnings and net assets of VEB Group during the contract period for the financial period ending 31 December 2023. 5. RISK ASSOCIATED WITH THE CONTRACT The risks associated with the execution of the Contract are operational and execution risks, which will be mitigated and/or managed by VED, a company with a proven successful track record of undertaking drilling programmes. 6. DIRECTORS AND SUBSTANTIAL SHAREHOLDERS INTEREST None of the Directors and/or the substantial shareholders of VEB and/or persons connected with the Directors and/or substantial shareholders have any interest, direct or indirect in the above Contract. 7. STATEMENT BY DIRECTORS The Board of Directors of VEB is of the opinion that the acceptance of the Contract is in the best interests of VEB Group. This announcement is dated 1 February 2023.

icy97

Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

VELESTO ENERGY BERHAD

Particulars of Substantial Securities Holder

Name	AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM MALAYSIA
Address	Tingkat 4, Balai PNB No. 201-A, Jalan Tun Razak Kuala Lumpur 50400 Wilayah Persekutuan Malaysia.
Company No.	200701008892 (766894-T)
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Name of registered holder	AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM MALAYSIA
Address of registered holder	Tingkat 4, Balai PNB 201-A, Jalan Tun Razak, 50400 Kuala Lumpur

Date interest acquired & no of securities acquired
Date interest acquired	07 Mar 2023
No of securities	90,000,000
Circumstances by reason of which Securities Holder has interest	Purchase of shares
Nature of interest	Direct Interest
Total no of securities after change
Direct (units)	418,000,000
Direct (%)	5.088
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Date of notice	07 Mar 2023
Date notice received by Listed Issuer	09 Mar 2023

Name	AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA
Address	Tingkat 4, Balai PNB No. 201-A, Jalan Tun Razak Kuala Lumpur 50400 Wilayah Persekutuan Malaysia.
Company No.	200701008892 (766894-T)
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
1	07 Mar 2023	90,000,000	Disposed	Direct Interest
	Name of registered holder	AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA
	Address of registered holder	Tingkat 4, Balai PNB 201-A, Jalan Tun Razak 50400 Kuala Lumpur
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Sale of shares
Nature of interest	Direct Interest
Direct (units)	2,726,917,970
Direct (%)	33.192
Indirect/deemed interest (units)
Indirect/deemed interest (%)
Total no of securities after change	2,726,917,970
Date of notice	07 Mar 2023
Date notice received by Listed Issuer	09 Mar 2023

icy97

Type	Announcement
Subject	OTHERS
Description	VELESTO ENERGY BERHAD ("VEB")PROVISION OF JACK UP DRILLING RIG FOR PETRONAS CARIGALI SDN BHD ("CONTRACT")
1. INTRODUCTION The Board of Directors of Velesto Energy Berhad (“VEB”) is pleased to announce that Velesto Drilling Sdn. Bhd. (“VED”), a wholly-owned subsidiary of Velesto Malaysian Ventures Sdn. Bhd., which in turn is a wholly-owned subsidiary of VEB, has received a copy each of Notice of Assignment (“NOA”) for NAGA 2, NAGA 4 and NAGA 6 from PETRONAS Carigali Sdn. Bhd. (“PCSB”) for two (2) years, commencing from 7 February 2024 until 6 February 2026, inclusive of the continuation from the current drilling campaign as per Notice of Assignment dated 11 January 2024, 7 March 2023 and 2 June 2023, for a total contract value of USD73,040,600, USD94,883,800 and USD97,077,800 respectively. VED had also on 2 February 2024 received a copy of Letter of Contract Extension (“Extension Letter”) from PCSB which extends the term of the Contract for two (2) years, commencing from 7 February 2024 until 6 February 2026. 2. DETAILS Information on Velesto NAGA 2, 4 and 6 are as follows: RIGS DETAILS OF RIGS VELESTO NAGA 2 Premium independent-leg cantilever jack-up rig with drilling depth capability of 30,000 feet and has a rated operating water depth of 350 feet. VELESTO NAGA 4 Premium independent-leg cantilever jack-up drilling rig with drilling depth capability of 30,000 feet and has a rated operating water depth of 400 feet. VELESTO NAGA 6 Premium independent-leg cantilever jack-up rig with drilling depth capability of 30,000 feet and has a rated operating water depth of 375 feet. 2. INFORMATION ON PARTIES 3.1 Information on VED VED, a company incorporated in Malaysia under the laws of Malaysia on 29 July 2003 and has its registered office at Level 18, Block 3A, Plaza Sentral, Jalan Stesen Sentral 5, 50470 Kuala Lumpur. VED is principally involved in the offshore drilling business and operations and other engineering services for oil and gas exploration, development and production in Malaysia and overseas. 3.2 Information on PCSB PCSB, a wholly-owned subsidiary of Petroliam Nasional Berhad (“PETRONAS”) and a company incorporated in Malaysia under the laws of Malaysia on 11 May 1978 and has its registered office at Tower 1, Petronas Twin Towers, Kuala Lumpur City Centre, 50088 Kuala Lumpur, Malaysia. The principal activities of PCSB are exploration, development and production of oil and gas. 4. FINANCIAL EFFECTS The Contracts for NAGA 2, NAGA 4 and NAGA 6 are expected to contribute positively towards the earnings and net assets of VEB Group during the period of the Contract. 5. RISK ASSOCIATED WITH THE CONTRACT The risks associated with the execution of the Contract are operational and execution risks, which will be mitigated and/or managed by VED, a company with a proven successful track record of undertaking drilling programmes. 6. CONFIDENTIALITY The contents for this Announcement are in accordance with the terms of the Contract, which the Company has received the approval for the release of Announcement on 22 March 2024, from PCSB. 7. DIRECTORS AND SUBSTANTIAL SHAREHOLDERS INTEREST None of the Directors and/or the substantial shareholders of VEB and/or persons connected with the Directors and/or substantial shareholders have any interest, direct or indirect in the above Contract. 8. STATEMENT BY DIRECTORS The Board of Directors of VEB is of the opinion that the acceptance of the NOA and Extension Letter in respect of the Contract are in the best interests of VEB Group. The Contract's extension highlights strong utilization of VEB’s rigs for 2024. It also indicates the potential for robust financial performance in the coming years, with an order book extending to 2025 and 2026. The extension also underscores our unwavering commitment to safety and service excellence, which the Group consistently delivers across all projects. This announcement is dated 22 March 2024.