OCEAN VANTAGE HOLDINGS BERHAD

KLSE (MYR): OVH (0220)

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Last Price

0.19

Today's Change

0.00 (0.00%)

Day's Change

0.185 - 0.19

Trading Volume

600,000

IPO Info
Offer Period

Opening

2020-06-30

Closing

2020-07-09

Time Table

Allotment Date

2020-07-21

Listing Date

2020-07-22

Price

Issue Price

-

Units

411,000,000

Share Capital

106,860,000.000

No of Shares

Public Issue

24,660,000

Offer for Sale

41,100,100

Private Placement

57,540,000

Issuing House

TIIH - 693

ISIN Code

MYQ0220OO002

Prospectus:

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

OVH Prospectus - Part 1.pdf

OVH Prospectus - Part 2.pdf

Detailed Procedures for E-IPO Share Application and Acceptance .pdf

Discussions
1 person likes this. Showing 50 of 548 comments

burking

OVH, OVH, when are you going back to 0.35

2021-12-28 09:54

cckiong

why the CEO keeps on sharing his share. shame on him

2022-01-13 23:18

bimmer6868

why can't CEO sell his share? you think CEO no need to eat? investor or trader can trade so is CEO or major share holder of the company, CEO sell share he will make announcement to let you know and you can sell if you feel like it

2022-01-16 20:21

ychong88

maybe need to cut loss, have something wrong for the shareholder keep on dispose the share.

2022-01-24 22:13

aspenvit

The worst O&G counter.

2022-01-28 14:21

Windy1974

OVH was showing impressive net profit in 2021 while most service providers suffered. When you find such gem in an industry, better asked questions before you get trigger happy.
Ask:
1. Why they are different? They are technically superior?
2. If not technically superior, why margin better than others?

On top of that, why raising funds since making good profit? Expansion? Into Middle East or space?
This will be my only comment

2022-02-23 19:40

JoshuaMS7

haha "impressive net profit in 2021"!! now only worth 0.220 which is the record low price..

2022-03-07 13:40

RX350

Faster sell liao, later that stupit CEO will dump

2022-03-29 10:58

Lai Ah Foo

这个土族CEO 真的没脑的,人家是推高股价卖,他是放低来卖。

2022-04-06 11:40

misterL

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".

2022-04-06 15:03

kevinwong888

big project.

2022-04-06 15:18

bslim70

CEO will dump again hahaha

2022-04-06 18:58

cckiong

This lousy company will go bankrupt or what? After winning big contract drop so much

2022-04-07 11:47

OneSmallStep

If become the next serbadk, it is good...coz serbadk up first before skydive. Let this one up first lah like serbadk...we unload that time if it happens

2022-04-08 13:32

Lai Ah Foo

拿到projek的意思是什么?他叫你们不要卖,他们卖。

2022-04-08 17:31

RX350

LOL

2022-04-16 14:35

BreakingNews

buy

2023-02-08 09:02

baby snake

Why up so many from the past 2weeks..

2023-02-17 13:27

mrcml24

Hopeless counter

2023-03-02 19:27

victor

gg ovh

2023-04-15 08:53

UnicornP

This OVH is actually doing better than it currently seems.

2023-04-28 10:00

UnicornP

🔜

2023-05-25 19:40

nicky

any future for this counter ???????

2023-05-31 13:49

UnicornP

Wait mid-June to see if there is buying interest.

2023-05-31 13:57

Chinjason

I see it coming

2023-07-03 15:22

Bobi776

Nothing coming la

2023-07-03 15:25

roger3210

be careful, the owner still has 50million shares to dispose. He has trimmed over 50% of his stake since IPO. When the founder selling non stop and causing share price to historical low, it sounds trouble ahead.

2023-07-03 15:57

Robert Waters

Things sure look up here. See for how long.
:-)
Normally after few days enthusiasm diminishes.

2023-08-27 11:40

RX350

Swing two round from bottom, interesting to see whether it can break the resistance or not

2023-09-13 22:05

UnicornP

Aiya

2023-09-27 19:23

daretocutandchange

is it possible go back to 60cts 3 years high ?

2023-09-28 12:17

Ryugentrades

Steady for now…..for next push upwards

2023-10-03 20:22

Albukhary

This director keep selling, he still have 45mil share waiting to dump.

2023-10-10 16:55

RX350

40s bolehkah?

2023-10-15 11:12

RX350

DBT

2023-11-23 22:46

RX350

So quiet here?

2024-02-01 22:27

GalGadot

Ngalin will sell again.

2024-02-02 08:04

RX350

lol

2024-03-08 15:47

RX350

😴

2024-03-15 22:18

ysyap84

Buying momentum spotted with afternoon session buying support saw 2,131,500 units grabbed at 0.195.

2024-03-19 16:28

ysyap84

Brent oil stables above USD86 spurs the buying interest on O & G related counters.

2024-03-19 16:30

ysyap84

TP : 0.24.

2024-03-19 16:31

ysyap84

26/3/24 - closing price 0.19. Bear may be exhausted. Rebound is ahead. TP : 0.24.

2024-03-26 17:26

ysyap84

OVH - involved in RE and EV charging biz. A bright prospect. An article by the Edge :https://theedgemalaysia.com/node/708986. So far for those counters involved in RE such as Pekat, Saimaden Sunview already moved up a lot....

2024-06-15 16:50

Robert Waters

I am back to have another look at it after one year. Maybe this time. We will get to know each other.
So far looks promising compared to PN17 counters in Oil and Gas. But this skyhigh P/E ratio ...

2024-07-01 23:54

RX350

😴

2 months ago

luckyman

https://klse.i3investor.com/web/blog/detail/ceomorningbrief/2024-09-05-story-h468232158-Ocean_Vantage_Sees_Sarawak_based_Companies_Emerge_as_Largest_Shareholder

The transacted price was 16.57%, or a 2.9 sen premium to the closing price of Ocean Vantage at 17.5 sen a share.

In other words, the new shareholders paid RM20m or 20.4 sen per share for the transaction.

Now, it is time to see what the new shareholders will do to add value to the company....

Obviously they would have to try their best to do so since they have paid a premium and invested RM20m in the company.

1 month ago

luckyman

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3485152

Let's wait for the CEO newly appointed by the new shareholders to add value or secure new projects for the company

1 month ago

RX350

😴

2 weeks ago

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