VELESTO

0.305

(%)

OTHERS VELESTO ENERGY BERHAD ("VELESTO" OR "COMPANY") PROPOSED DISPOSAL OF 'VELESTO NAGA 3', A JACK-UP RIG BY VELESTO DRILLING 3 (L) LTD, A WHOLLY-OWNED SUBSIDIARY OF VELESTO RIG ASSETS (L) LTD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF VELESTO FOR A CONSIDERATION OF USD63.0 MILLION TO BE SATISFIED ENTIRELY IN CASH ("PROPOSED DISPOSAL")

VELESTO ENERGY BERHAD

Type Announcement
Subject OTHERS
Description
VELESTO ENERGY BERHAD ("VELESTO" OR "COMPANY")

PROPOSED DISPOSAL OF 'VELESTO NAGA 3', A JACK-UP RIG BY VELESTO DRILLING 3 (L) LTD, A WHOLLY-OWNED SUBSIDIARY OF VELESTO RIG ASSETS (L) LTD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF VELESTO FOR A CONSIDERATION OF USD63.0 MILLION TO BE SATISFIED ENTIRELY IN CASH ("PROPOSED DISPOSAL")

Velesto Energy Berhad is pleased to attach the details of the announcement in respect of the above. 

 

This announcement is dated 16 December 2025.




Please refer attachment below.



Announcement Info

Company Name VELESTO ENERGY BERHAD
Stock Name VELESTO
Date Announced 16 Dec 2025
Category General Announcement for PLC
Reference Number GA1-15122025-00063