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Vantris Energy Steps Closer to PN17 Exit After Auditor Flags No Material Uncertainty

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Vantris Energy's (KLSE:VANTNRG) external auditor Ernst & Young issued an unqualified audit opinion with no material uncertainty on its FY2026 financial statements, marking a key step toward exiting PN17 status .

The company said this is its first clean audit opinion in four years, according to a Wednesday Malaysian bourse filing.

It added that borrowings were reduced to about 5.5 billion ringgit from 10.8 billion ringgit during the year, while the group returned to a positive net asset position of about 3 billion ringgit.

Vantris Energy also said it paid about 1.1 billion ringgit to more than 1,400 Malaysian vendors as part of its restructuring efforts, the filing said.

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