KUALA LUMPUR: Handal Energy Bhd faces potential delisting after failing to submit its annual report more than six months after the April 30 deadline.

Bursa Malaysia issued the oil and gas services provider a show-cause notice, requiring it to explain why its securities should not be removed from the exchange.

In a filing on Monday, Handal Energy said it is preparing a written explanation, which must be submitted by Nov 10.

The company has yet to release its annual report and audited financial statements for the financial period ended Dec 31, 2025.