OTHERS OCEAN VANTAGE HOLDINGS BERHAD ("OVH" OR "THE COMPANY") 1. APPOINTMENT AS DOMESTIC SUB-CONTRACTOR FOR THE PROVISION OF ENGINEERING, PROCUREMENT, CONSTRUCTION AND COMMISSIONING ("EPCC") FOR THE DEVELOPMENT OF A 9.99 MEGAWATT (A.C.) ("MWAC") LARGE SCALE SOLAR FARM IN DAERAH MANJUNG, PERAK ("PROJECT") ("APPOINTMENT") 2. OFFICIAL PRESS STATEMENT BY OVH IN RELATION TO THE "OCEAN VANTAGE SECURES RM29.6 MILLION MAIDEN RENEWABLE ENERGY CONTRACT FOR EPCC WORKS."

OCEAN VANTAGE HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description 
OCEAN VANTAGE HOLDINGS BERHAD ("OVH" OR "THE COMPANY")

1. APPOINTMENT AS DOMESTIC SUB-CONTRACTOR FOR THE PROVISION OF ENGINEERING, PROCUREMENT, CONSTRUCTION AND COMMISSIONING ("EPCC") FOR THE DEVELOPMENT OF A 9.99 MEGAWATT (A.C.) ("MWAC") LARGE SCALE SOLAR FARM IN DAERAH MANJUNG, PERAK ("PROJECT") ("APPOINTMENT")

2. OFFICIAL PRESS STATEMENT BY OVH IN RELATION TO THE "OCEAN VANTAGE SECURES RM29.6 MILLION MAIDEN RENEWABLE ENERGY CONTRACT FOR EPCC WORKS."

The Board of Directors of OVH (“Board”) wishes to announce that its wholly-owned subsidiary, Ocean Vantage Engineering Sdn. Bhd. (“OVE”), had on 4 November 2020 accepted the letter of award (“LOA”) from Andeli Solar Sdn. Bhd. (“Andeli Solar”) appointing OVE as domestic sub-contractor for EPCC works for the Project for a contract sum of RM29,555,062.30 only.

The Board also wish to release an official press statement in relation to "OCEAN VANTAGE SECURES RM29.6 MILLION MAIDEN RENEWABLE ENERGY CONTRACT FOR EPCC WORKS" for the information of Bursa Malaysia Securities Berhad and public.

Kindly refer to the attachments for further details of the Appointment and the press statement. 

This announcement is dated 4 November 2020.



Announcement Info

Company Name OCEAN VANTAGE HOLDINGS BERHAD
Stock Name OVH
Date Announced 04 Nov 2020
Category General Announcement for PLC
Reference Number GA1-02112020-00009