Straits Energy Resources Berhad Reports 52.39% Majority Stake in CBL International Ltd (BANL)
Straits Energy Resources Berhad has filed a Schedule 13G/A (Amendment No. 2) regarding its substantial stake in CBL International Ltd (BANL). As of June 30, 2026, the reporting person beneficially owns 7,504,636 Class B Ordinary Shares, representing a 52.39% majority ownership of the company. This holding reflects a significant position based on the 14,325,327 Class B ordinary shares outstanding. The filing indicates that Straits Energy Resources Berhad, a Malaysian corporation, maintains sole voting and dispositive power over the entirety of these shares. This amendment serves to update the reporting person's ownership status in accordance with Rule 13d-1(d). The filing was signed by Director Kam Choy Ho on July 17, 2026. This high-importance filing confirms the filer's status as a controlling shareholder of CBL International Ltd, an entity headquartered in Kuala Lumpur, Malaysia.