The Board of Directors of the Company ("Board") wishes to announce that the Company has received a notice dated 1 July 2026 from PK Green Fund ("Fund"), pursuant to Section 137 of the Companies Act 2016 and the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, notifying the Company that the Fund has become a substantial shareholder of the Company.
On 30 June 2026, the Fund acquired 49,100,000 ordinary shares in the Company, representing approximately 9.018% of the total number of issued shares of the Company. Prior to the acquisition, the Fund did not hold any shares in the Company. Following the acquisition, the Fund holds a direct interest in 49,100,000 ordinary shares in the Company.
The Board welcomes the Fund as a new institutional shareholder and views its investment as a positive endorsement of the Company's strategic direction, particularly its transition towards a renewable energy-focused business and the continued development of its renewable energy project pipeline, including Project Oriole.
The Fund has informed the Company that its investment is strategic in nature and that it intends to be a long-term, supportive shareholder. The Fund has also indicated its intention to engage constructively with the Board and management on matters relating to the Company's strategy, corporate governance and sustainability initiatives. In addition, the Fund has advised that it may, in due course, seek representation on the Board, subject to the Company's nomination procedures, corporate governance framework and all applicable regulatory requirements.
The Board welcomes the Fund's long-term commitment and looks forward to engaging constructively with the Fund in supporting the Company's long-term growth and creating sustainable value for all stakeholders.
About PK Green Fund
PK Green Fund is a Singapore-domiciled investment fund with a mandate to invest in environmental and social impact sectors across emerging markets, including renewable energy. The Fund seeks to generate attractive long-term financial returns while delivering measurable sustainable impact through a disciplined investment approach underpinned by strong governance principles. The Fund has informed the Company that its investment in Jentayu Sustainables Berhad is aligned with its long-term investment mandate.
This announcement is dated 2 July 2026.