TS Wong is no longer a substantial shareholder of Cuscapi Bhd after selling 103.6 million shares in the company, according to The Edge Malaysia.
The disposal was reported by the Malaysian business publication on Thursday, 17 September 2026. The Edge Malaysia did not disclose the price at which the shares changed hands, the identity of the buyer, or Wong's remaining stake in Cuscapi, if any.
A substantial shareholder under Malaysian market rules is generally someone who holds at least 5% of a listed company's voting shares, or is a director of the company. Falling below that threshold means Wong is no longer required to disclose dealings in Cuscapi shares under those rules, and his name would be removed from the company's register of substantial shareholders.
The Edge Malaysia's report did not state a reason for the share sale, and no further details on the transaction were provided in the material available.
The Edge Malaysia's report did not state a reason for the share sale, and no further details on the transaction were provided in the material available.
What to watch next: Cuscapi's next announcements on Bursa Malaysia, which would show any change to its substantial shareholder register and whether Wong retains any interest in the company.