Karoon Energy : KKR Entities Cease to Be Substantial Holders on 9 November 2026

Aakashdeep

10 November 2026 06:14 PM AEDT

Karoon Energy : KKR Entities Cease to Be Substantial Holders on 9 November 2026

Image Source: Krish Capital Pty Ltd

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Karoon Energy Ltd (ASX:KAR) has received a Form 605 notice disclosing that four KKR-affiliated entities — Comet Asia Holdings II Pte. Ltd., Comet Asia Holdings I Pte. Ltd., KKR Asia III Fund Investments Pte. Ltd., and KKR Asian Fund III L.P. — collectively ceased to be substantial holders in the company on 9 November 2026.

Key Points

The four KKR entities, collectively referred to as the KKR Entities, ceased to be substantial holders in Karoon Energy Ltd on 9 November 2026.
The previous substantial holding notice was given to the company and dated 9 November 2026.
Particulars of each change in relevant interests are referenced to a Form 605 lodged by Superannuation and Investments HoldCo Pty Ltd dated 10 November 2026.
No changes in association were disclosed, with the filing recording N/A for both name and nature of association.

Details of the Ceasing Substantial Holders

The notice, lodged under Section 671B of the Corporations Act 2001, names four entities as the ceasing substantial holders: Comet Asia Holdings II Pte. Ltd., Comet Asia Holdings I Pte. Ltd., and KKR Asia III Fund Investments Pte. Ltd., each based at 12 Marina View, #11-01 Asia Square Tower 2, Singapore, and KKR Asian Fund III L.P., based at 30 Hudson Yards, Suite 7500, New York, NY 10001. Each entity is described in the filing as a KKR Entity, and together they are referred to as the KKR Entities. The notice was signed by Tan Yong Yi as Authorised Signatory on 10 November 2026.

Changes in Relevant Interests Referenced to Separate Filing

The filing states that particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of Karoon Energy Ltd, since the substantial holder was last required to give a substantial holding notice, are set out by reference to a Form 605 lodged by Superannuation and Investments HoldCo Pty Ltd dated 10 November 2026. The filing attributes the changes to each KKR Entity across various dates but does not separately disclose the class and number of securities affected, the consideration given, or the number of votes affected within this document.

No Changes in Association Disclosed

The filing records no changes in association in connection with this ceasing substantial holder notice. The section addressing persons who have become associates of, ceased to be associates of, or changed the nature of their association with the substantial holder in relation to voting interests in Karoon Energy Ltd returns N/A for both name and nature of association. Karoon Energy Ltd is registered with ACN 107 001 338. The notice was submitted under the statutory requirements of Section 671B of the Corporations Act 2001.

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