Berjaya Shipping Limited filed a Schedule 13G with the SEC on October 30, 2026, disclosing beneficial ownership of 300,000 Class B ordinary shares of CBL International Limited as of the triggering event date of October 23, 2026.

Key Highlights

  • Beneficial ownership: Berjaya Shipping Limited reported aggregate beneficial ownership of 300,000 Class B ordinary shares, representing 18.9% of the class.
  • Direct shares held: 200,000 Class B ordinary shares are directly held by Berjaya Shipping Limited.
  • Option position: An additional 100,000 Class B ordinary shares are issuable upon exercise of an option, exercisable at US$3.18 per share for up to nine months after October 23, 2026.
  • Acquisition basis: The shares and option were acquired pursuant to a share purchase agreement dated October 23, 2026 between CBL International Limited and Berjaya Shipping Limited.
  • Ownership cap: The option is subject to a beneficial ownership limitation of 19.99% of the outstanding Class B ordinary shares.
  • Sole voting and dispositive power: Berjaya Shipping Limited reported sole voting power and sole dispositive power over all 300,000 shares, with no shared power reported.

Berjaya Shipping's October 2026 Private Placement Stake in CBL International

According to the Schedule 13G filing, Berjaya Shipping Limited, a Hong Kong-incorporated company with its principal office at 1213, Tower A, Hunghom Commercial Centre, 39 Ma Tau Wai Road, To Kwa Wan, Kowloon, Hong Kong, acquired its position in CBL International Limited (NASDAQ:BANL) through a private placement transaction. The share purchase agreement was dated October 23, 2026, which also serves as the date of the event requiring the filing.

The filing discloses that of the 300,000 shares counted toward Berjaya Shipping's beneficial ownership, 200,000 are Class B ordinary shares with a par value of US$0.0013 per share directly held by the reporting person, while 100,000 represent shares issuable upon exercise of an option. The filing states the option is "exercisable, in whole or in part, at any time until nine months after October 23, 2026 at an exercise price of US$3.18 per share," subject to the 19.99% beneficial ownership cap.

The 18.9% ownership percentage is calculated against a denominator of 1,585,496 Class B ordinary shares. According to the filing, this figure is derived from 1,085,496 shares outstanding as of August 26, 2026 (as reported in the issuer's prospectus supplement filed August 28, 2026), plus 400,000 Class B ordinary shares issued on October 23, 2026 in the private placement (including the 200,000 shares issued to Berjaya Shipping), plus the 100,000 option shares deemed outstanding for percentage-calculation purposes under Rule 13d-3(d)(1)(i). The filing was signed by Xiuzhen Ding, Director, on October 30, 2026.

What Was Disclosed

Berjaya Shipping Limited filed a Schedule 13G reporting 18.9% beneficial ownership of CBL International Limited's Class B ordinary shares, comprising 200,000 directly held shares and an option for 100,000 more at US$3.18 per share, acquired via a private placement on October 23, 2026.