<div class=newsTextDataWrapInner>KUALA LUMPUR (March 4): Urusharta Jamaah Sdn Bhd, a special purpose vehicle under the Ministry of Finance, has ceased to be a substantial shareholder of Wasco Bhd (KL:<a href="/askedge/klse/5142" class="ce-stock" target="_blank">WASCO</a>).</div>

<div class=newsTextDataWrapInner>Urusharta's shareholding in Wasco fell below the 5% disclosure threshold after disposing of 1.17 million shares, equivalent to a 0.151% stake, on Feb 27, according to Wasco’s bourse filing on Wednesday.</div>

<div class=newsTextDataWrapInner>The stake sale trimmed Urusharta’s total stake in Wasco to 4.935%, representing 38.21 million shares.</div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner>Urusharta emerged as a substantial shareholder of the oil and gas services provider in November 2024 with a 5.666% stake. Its stake peaked at 6.219% in December 2025.</div>

<div class=newsTextDataWrapInner>Wasco’s largest shareholder is the Tan family, which controls 42.737%, followed by the Employees Provident Fund with 7.508% and Abrdn with 5.492%</div>

<div class=newsTextDataWrapInner>Shares in Wasco ended five sen or 4.76% lower at RM1, valuing the company at RM774.89 million. 
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Urusharta Jamaah Sdn Bhd, a special purpose vehicle under the Ministry of Finance, has ceased to be a substantial shareholder of Wasco Bhd (KL:WASCO).

Urusharta Jamaah ceases to be substantial shareholder in Wasco

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