General Announcement for PLC
07/07/2022NEW 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 |