General Announcement for PLC

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.

OCEAN VANTAGE HOLDINGS BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description 
Ocean Vantage Holdings Berhad ("OVH" or "the Company") - Status update of the Memorandum of Understanding ("MOU") between OVH and PCI Engineering (M) Sdn. Bhd.

For consistency purposes, the abbreviations and definitions used throughout this announcement is the same as those previously defined in the Company's announcement made on 8 April 2022 in relation to the MOU entered between OVH and PCI Engineering (M) Sdn. Bhd. [Registration Number: 201301004245 (1034088-A)] (“PCIEM”) to collaborate in forming a business venture to set up a pipeline coating business to serve the domestic market in Malaysia as well as South East Asia, Australia and its related region based on the understanding and commitments as contained in the MOU (Announcement). 

 

The Board wishes to update that there has been no material development since the Announcement.  

 

This announcement is dated 24 May 2022. 



Announcement Info

Company Name OCEAN VANTAGE HOLDINGS BERHAD
Stock Name OVH
Date Announced 24 May 2022
Category General Announcement for PLC
Reference Number GA1-18052022-00024


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
09/08/2022 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.
21/07/2022 OTHERS OCEAN VANTAGE HOLDINGS BERHAD ("OVH" OR "THE COMPANY") - EXTENSION OF TIME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE INITIAL PUBLIC OFFERING ("IPO").
14/07/2022 OTHERS LETTER OF AWARD FROM BAKAT INDUSTRI SDN BHD FOR THE APPOINTMENT OF OCEAN VANTAGE ELECTRICAL & INSTRUMENTATION SDN BHD AS SUBCONTRACTOR FOR FACILITY MANAGEMENT CONTROL SYSTEM FOR AMS OSRAM KUL2 PROJECT IN KULIM HI-TECH PARK, KEDAH (PROJECT) (APPOINTMENT)
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")
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 ADL Solar Sdn. Bhd.
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.
06/04/2022 OTHERS Ocean Vantage Holdings Berhad ("OVH" or "the Company") 1. Letter of Award ("LOA") from Petrofac Engineering Services (Malaysia) Sdn. Bhd. for the Appointment of Ocean Vantage Engineering Sdn. Bhd. as Subcontractor for the Civil, Building and Piling Works for Additional Gas Sales Facilities 2 in Bintulu, Sarawak (BAGSF 2). 2. Official Press Statement by OVH in relation to "Ocean Vantage secures RM71.3 Million Contract from Petrofac in Bintulu, Sarawak".