General Announcement for PLC

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").

OCEAN VANTAGE HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description 
OCEAN VANTAGE HOLDINGS BERHAD ("OVH" OR "THE COMPANY") - EXTENSION OF TIME FOR THE UTILISATION OF PROCEEDS RAISED FROM THE INITIAL PUBLIC OFFERING ("IPO").

Reference is made to the utilisation of proceeds raised from the Initial Public Offering (“IPO”) as disclosed in the Company’s Prospectus dated 30 June 2020 issued in conjunction with the listing of the Company on the ACE Market of Bursa Malaysia Securities Berhad on 22 July 2020. As at to-date, the Company remains a balance of RM10.802 million IPO Proceeds which has yet to be utilised ("Balance IPO Proceeds").

 

The Board of Directors of OVH wishes to notify that the Board, after due consideration, has resolved to extend the timeframe for the Utilisation of IPO Proceeds ("Extension of Time").

 

Further details of the above Extension of Time are set out in the attachment.

 

This announcement is dated 21 July 2022.  


Please refer attachment below.


Announcement Info

Company Name OCEAN VANTAGE HOLDINGS BERHAD
Stock Name OVH
Date Announced 21 Jul 2022
Category General Announcement for PLC
Reference Number GA1-20072022-00042


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Date Title
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