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Tuesday - 30 Jun 2020
INITIAL PUBLIC OFFERING IN CONJUNCTION WITH THE LISTING OF OCEAN VANTAGE HOLDINGS BERHAD ("OVH") ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") COMPRISING: (I) PUBLIC ISSUE OF 82,200,000 NEW ORDINARY SHARES IN OVH ("SHARES") IN THE FOLLOWING MANNER: 20,550,000 NEW SHARES AVAILABLE FOR APPLICATION BY THE MALAYSIAN PUBLIC; 4,110,000 NEW SHARES AVAILABLE FOR APPLICATION BY OUR ELIGIBLE DIRECTORS AND EMPLOYEES; AND 57,540,000 NEW SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS; AND (II) OFFER FOR SALE OF 41,100,000 EXISTING SHARES BY WAY OF PRIVATE PLACEMENT TO SELECTED INVESTORS AT AN ISSUE/OFFER PRICE OF RM0.26 PER SHARE, PAYABLE IN FULL UPON APPLICATION
Timetable for IPO