General Announcement for PLC

07/07/2022

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING OCEAN VANTAGE HOLDINGS BERHAD ("OVH" OR THE "COMPANY") SPECIAL ISSUE OF UP TO 82,200,000 NEW ORDINARY SHARES IN OVH TO INDEPENDENT THIRD PARTY INVESTORS COMPRISING BUMIPUTERA INVESTORS TO BE APPROVED BY MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY MALAYSIA AND OTHER INVESTORS TO BE IDENTIFIED ("SPECIAL ISSUE")

OCEAN VANTAGE HOLDINGS BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
OCEAN VANTAGE HOLDINGS BERHAD ("OVH" OR THE "COMPANY")

SPECIAL ISSUE OF UP TO 82,200,000 NEW ORDINARY SHARES IN OVH TO INDEPENDENT THIRD PARTY INVESTORS COMPRISING BUMIPUTERA INVESTORS TO BE APPROVED BY MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY MALAYSIA AND OTHER INVESTORS TO BE IDENTIFIED ("SPECIAL ISSUE")

(Unless otherwise defined in this announcement, all terms used herein shall have the same meaning as those defined in the previous announcements in relation to the Special Issue)

 

Reference is made to the announcement dated 3 September 2021 where the Special Issue is subject to inter-alia the approval of the SC relating to the Special Issue to comply with the Bumiputera Equity Requirements.

 

On behalf of the Board of Directors of OVH, M&A Securities wishes to announce that the Company has sought the concurrence of the SC for the Company to be deemed as having complied with the Bumiputera Equity Requirements. Further announcement will be made to Bursa Securities with regards to the said matter in due course.

 

This announcement is dated 7 July 2022.






Announcement Info

Company Name OCEAN VANTAGE HOLDINGS BERHAD
Stock Name OVH
Date Announced 07 Jul 2022
Category General Announcement for PLC
Reference Number GA1-07072022-00020


Related Announcements for OVH
Date Title
11/08/2022 TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS OCEAN VANTAGE HOLDINGS BERHAD ("OVH" OR "THE COMPANY") - PROPOSED SUBSCRIPTION OF 700,000 ORDINARY SHARES BY OCEAN VANTAGE ENGINEERING SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF OVH, REPRESENTING 70% OF THE ENLARGED TOTAL EQUITY INTEREST IN ESPRAT SDN BHD
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24/05/2022 MEMORANDUM OF UNDERSTANDING Ocean Vantage Holdings Berhad ("OVH" or "the Company") - Status update of the Memorandum of Understanding ("MOU") between OVH and PCI Engineering (M) Sdn. Bhd.
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20/05/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING OCEAN VANTAGE HOLDINGS BERHAD ("OVH" OR THE "COMPANY") SPECIAL ISSUE OF UP TO 82,200,000 NEW ORDINARY SHARES IN OVH TO INDEPENDENT THIRD PARTY INVESTORS COMPRISING BUMIPUTERA INVESTORS TO BE APPROVED BY MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY MALAYSIA AND OTHER INVESTORS TO BE IDENTIFIED ("SPECIAL ISSUE")
21/04/2022 NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING OCEAN VANTAGE HOLDINGS BERHAD ("OVH" OR THE "COMPANY") SPECIAL ISSUE OF UP TO 82,200,000 NEW ORDINARY SHARES IN OVH TO INDEPENDENT THIRD PARTY INVESTORS COMPRISING BUMIPUTERA INVESTORS TO BE APPROVED BY MINISTRY OF INTERNATIONAL TRADE AND INDUSTRY MALAYSIA AND OTHER INVESTORS TO BE IDENTIFIED ("SPECIAL ISSUE")
08/04/2022 MEMORANDUM OF UNDERSTANDING Ocean Vantage Holdings Berhad ("OVH" or "the Company") - Memorandum of Understanding between OVH and PCI Engineering (M) Sdn. Bhd.
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