Apr. 23 at 6:06 PM
$BANL CBL International Limited Acquires Majority Stake in Green Marine Energy Holdings Limited
KUALA LUMPUR, Apr 22, 2026 - (JCN Newswire) - - CBL International Limited (NASDAQ: BANL) ('CBL' or the 'Company'), a Nasdaq-listed marine fuel logistics and bunkering facilitator of Banle Group ('Banle' or 'the Group') focused on the Asia-Pacific region, today announced the acquisition of a 50.5% majority stake in Green Marine Energy Holdings Limited ('GMH'), a British Virgin Islands incorporated company. The transaction will be executed by CBL's wholly-owned subsidiary, which has signed the Share Sale and Purchase Agreement (the 'SPA') as the buyer. To support the transaction, CBL will provide a corporate guarantee to the sellers, securing the payment obligations of its subsidiary.