On behalf of the Board of Directors of OCR ("Board"), UOB Kay Hian Securities (M) Sdn Bhd wishes to announce that the Company proposes to undertake a private placement of up to 20% of the total number of issued shares of OCR (excluding treasury shares) to third party investor(s) to be identified later.
Further details of the Proposed Private Placement are set out in the attachment enclosed.
This announcement is dated 30 October 2020.