AnnAik sells 30% stake in Shinsei Energy for MYR 1

• AnnAik’s wholly-owned subsidiary Anxon Oasis agreed on October 22, 2026, to sell its 30% Shinsei Energy stake for MYR 1 cash.
• Buyer Danielea Dhania Binti Amran, a Shinsei Energy director, will increase her holding from 70% to 100% upon completion.
• The disposal ends the group’s involvement in Shinsei Energy following the cessation of its operations.
• Shinsei Energy had net liabilities of approximately MYR 377,500 (S$ 119,900) as of June 30, 2026.
• Its latest management accounts also showed a net loss of approximately MYR 349,000 (S$ 110,500).

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AnnAik Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 06HEBRB6X3FC9DT7) on October 22, 2026, and is solely responsible for the information contained therein.