【GOCEAN 0074 交流专区】格林欧深

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		Three Months	Three Months	Fifteen Months	Fifteen Months
		01 Apr 2020 To	01 Apr 2019 To	01 Apr 2019 To	01 Apr 2018 To
		30 Jun 2020	30 Jun 2019	30 Jun 2020	30 Jun 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	23,070	56,502	222,844	0
2	Profit/(loss) before tax	-495	-1,329	-10,835	0
3	Profit/(loss) for the period	-495	-1,329	-10,839	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	-495	-1,329	-10,839	0
5	Basic earnings/(loss) per share (Subunit)	-0.17	-0.46	-3.74	0.00
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.0385		0.0759

icy97

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	GREEN OCEAN CORPORATION BERHAD ("GREEN OCEAN" OR THE "COMPANY")(I)        PROPOSED DIVERSIFICATION; (II)        PROPOSED PRIVATE PLACEMENT;(III)        PROPOSED RIGHTS ISSUE WITH WARRANTS; AND(IV)        PROPOSED ESOS(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors of Green Ocean, Mercury Securities Sdn Bhd wishes to announce that the Company proposes to undertake the following:- (i)         proposed diversification of the existing business of the Company and its subsidiaries to include the gloves business (“Proposed Diversification”); (ii)         proposed private placement of up to 95,605,000 new ordinary shares in Green Ocean (“Green Ocean Shares” or “Shares”), representing 30% of the total number of issued shares of Green Ocean, to independent third-party investor(s) to be identified later and at an issue price to be determined later (“Proposed Private Placement”); (iii)        proposed renounceable rights issue of up to 828,573,600 new Shares (“Rights Shares”) together with up to 621,430,200 free detachable warrants in Green Ocean (“Warrants B”) on the basis of 4 Rights Shares together with 3 free Warrants B for every 2 existing Shares held by the entitled shareholders on an entitlement date to be determined (“Proposed Rights Issue with Warrants”); and (iv)       proposed establishment of an employees’ share option scheme (“ESOS” or “Scheme”) involving up to 30% of the total number of issued shares of the Company (excluding treasury shares, if any) for eligible directors and employees of the Company and its subsidiaries (“Proposed ESOS”), (collectively referred to as the “Proposals”). Please refer to the attachment for further details on the above. This announcement is dated 1 September 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3084527

Attachments Green Ocean - Proposals (1.9.2020).pdf

Type	Announcement
Subject	OTHERS
Description	GREEN OCEAN CORPORATION BERHAD ("GREEN OCEAN" OR THE "COMPANY")PRESS RELEASE - GREEN OCEAN TO COMMISSION UP TO 12 RUBBER GLOVES PRODUCTION LINES WITH AN ANNUAL PRODUCTION CAPACITY OF UP TO 2 BILLION PIECES PER ANNUM
Green Ocean has on 1 September 2020 announced that the Company and its subsidiaries plan to venture into the gloves industry via its wholly-owned subsidiary, G Rubber Sdn Bhd. Please refer to the full Press Release as attached. This annnouncement is dated 1 September 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3084544

Attachments Green Ocean - Press release - Plan to Venture into the Gloves Industry.pdf

icy97

GREEN OCEAN CORPORATION BERHAD

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-02092020-00002
Subject	Proposed Diversification
Description	GREEN OCEAN CORPORATION BERHAD ("GREEN OCEAN" OR THE "COMPANY")(I)        PROPOSED DIVERSIFICATION; (II)        PROPOSED PRIVATE PLACEMENT;(III)        PROPOSED RIGHTS ISSUE WITH WARRANTS; AND(IV)        PROPOSED ESOS(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
Query Letter Contents	We refer to your Company’s announcement dated 1 September 2020, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1.     The regulatory approvals required for export of the gloves to Africa, South America and India. 2.     The expected date of submission of the applications to the relevant authorities in the USA, European countries, Africa, South America and India for approval. 3.     The expected date of the applications to the local authorities in Malaysia for approval. 4.     The date of interview of the 5 engineers and expected date to recruit the 1st batch.
We refer to the Company's announcement made on 1 September 2020 ("Announcement") and Bursa Malaysia Securities Berhad's letter dated 2 September 2020 requesting for additional information on the Proposed Diversification. Please refer to the attached for the details. The announcement is dated 3 September 2020.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3085230

Attachments Reply to Bursa Queries (3.9.2020).pdf

icy97

GREEN OCEAN CORPORATION BERHAD

Date of change	30 Sep 2020
Name	MISS GIOH POH CHIOK
Age	61
Gender	Female
Nationality	Malaysia
Type of change	Resignation
Designation	Others
Reason	To pursue other interests
Details of any disagreement that he/she has with the Board of Directors	No
Whether there are any matters that need to be brought to the attention of shareholders	No

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information

Remarks :

She resigned as the Head of Finance and Administration of Green Ocean Corporation Berhad.

GREEN OCEAN CORPORATION BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Private Placement
Details of corporate proposal	Private Placement of up to 30% of the total number of issued shares of Gocean
No. of shares issued under this corporate proposal	95,605,000
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.1228
Par Value($$) (if applicable)	Malaysian Ringgit (MYR)   0.000
Latest issued share capital after the above corporate proposal in the following
Units	414,286,800
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 53,491,001.000
Listing Date	11 Nov 2020

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2020	30 Sep 2019	30 Sep 2020	30 Sep 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	25,134	48,764	25,134	48,764
2	Profit/(loss) before tax	-490	-2,222	-490	-2,222
3	Profit/(loss) for the period	-490	-2,222	-490	-2,222
4	Profit/(loss) attributable to ordinary equity holders of the parent	-490	-2,222	-490	-2,222
5	Basic earnings/(loss) per share (Subunit)	-0.16	-0.77	-0.16	-0.44
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.0535		0.0365

GREEN OCEAN CORPORATION BERHAD

Entitlement subject	Rights Issue
Type	Renounceable
Entitlement description	RENOUNCEABLE RIGHTS ISSUE OF UP TO 828,573,600 NEW ORDINARY SHARES IN GREEN OCEAN ("GREEN OCEAN SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 621,430,200 FREE DETACHABLE WARRANTS IN GREEN OCEAN ("WARRANTS B") ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS B FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 2 DECEMBER 2020 ("RIGHTS ISSUE WITH WARRANTS")
Ex-Date	01 Dec 2020
Entitlement date	02 Dec 2020
Entitlement time	5:00 PM
Share transfer book & register of members will be	to  closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	02 Dec 2020
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Rights Issue/Offer Price	Malaysian Ringgit (MYR) 0.1000
Par Value (if applicable)
Entitlement indicator	Ratio
Entitlement Details
Company Name	GREEN OCEAN CORPORATION BERHAD
Entitlement	Ordinary Rights
Ratio (New:Existing)	2.0000  : 1.0000
Rights Crediting Date	02 Dec 2020

Despatch Date	04 Dec 2020
Date for commencement of trading of rights	03 Dec 2020
Date for cessation of trading of rights	10 Dec 2020
Date for announcement of final subscription result and basis of allotment of excess Rights Securities	24 Dec 2020
Last date and time for :
Sale of provisional allotment of rights	09 Dec 2020 05:00 PM
Transfer of provisional allotment of rights	11 Dec 2020 04:30 PM
Acceptance and Payment	17 Dec 2020 05:00 PM
Excess share application and payment	17 Dec 2020 05:00 PM
Available/Listing Date	04 Jan 2021

GREEN OCEAN CORPORATION BERHAD

Date of change	01 Dec 2020
Name	MISS LOCK PIK WAH
Age	40
Gender	Female
Nationality	Malaysia
Type of change	Appointment
Designation	Chief Financial Officer

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information 1 Professional Qualification Bachelor of Accountancy (Hons) Universiti Utara Malaysia
Working experience and occupation	Miss Lock has more than 15 years working experience in financial management, group accounting, and auditing. She began her career in audit firm, BDO Binder. Subsequently, she has held several finance positions in Small and Medium-size Enterprise (SME) and Public Listed Companies before joining Green Ocean Corporation Berhad.

Type	Announcement
Subject	NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING
Description	GREEN OCEAN CORPORATION BERHAD ("GREEN OCEAN" OR THE "COMPANY")RIGHTS ISSUE WITH WARRANTS
(For consistency purposes, the abbreviations and definitions used throughout this announcement shall have the same meanings as those previously defined in the Abridged Prospectus dated 2 December 2020 issued by the Company in relation to the Rights Issue with Warrants.) We refer to the Abridged Prospectus dated 2 December 2020. On behalf of the Board, Mercury Securities wishes to announce that pursuant to the close of acceptance, excess applications and payment for the Rights Shares with Warrants B at 5.00 p.m. on 17 December 2020, the Company had received valid acceptances and excess applications for a total of 971,563,150 Rights Shares, representing an over-subscription of 17.3% over the total number of Rights Shares available for subscription under the Rights Issue with Warrants. Details of such valid acceptances and excess applications received are as follows:- No. of Rights Shares % of total issue Total valid acceptances 716,272,451 86.5 Total valid excess applications 255,290,699 30.8 Total valid acceptances and excess applications 971,563,150 117.3 Total Rights Shares available for subscription 828,573,600 100.0 Over-subscription 142,989,550 17.3 Accordingly, the Excess Rights Shares with Warrants B will be allocated in accordance with the basis as stated in the Abridged Prospectus dated 2 December 2020. The Rights Shares and Warrants B are expected to be listed on the ACE Market of Bursa Securities on 4 January 2021. This announcement is dated 24 December 2020.

GREEN OCEAN CORPORATION BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	Rights Issue
Details of corporate proposal	Renounceable Rights Issue of up to 828,573,600 New Shares ("Rights Shares") Together with up to 621,430,200 Free Detachable Warrants in Green Ocean ("Warrants B") on the Basis of 4 Rights Shares Together with 3 Free Warrants B for Every 2 Existing Shares Held by the Entitled Shareholders
No. of shares issued under this corporate proposal	828,573,600
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.1000
Par Value($$) (if applicable)	Malaysian Ringgit (MYR)   0.000
Latest issued share capital after the above corporate proposal in the following
Units	1,242,860,400
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 105,484,327.000
Listing Date	04 Jan 2021

Profile for Securities of PLC

GREEN OCEAN CORPORATION BERHAD

Instrument Category	Securities of PLC
Instrument Type	Warrants
Description	FREE DETACHABLE WARRANTS IN GREEN OCEAN CORPORATION BERHAD ("GREEN OCEAN") ("WARRANTS B") ISSUED PURSUANT TO THE RENOUNCEABLE RIGHTS ISSUE OF UP TO 828,573,600 NEW ORDINARY SHARES IN GREEN OCEAN ("GREEN OCEAN SHARES" OR "SHARES") ("RIGHTS SHARES") AT AN ISSUE PRICE OF RM0.10 PER RIGHTS SHARE TOGETHER WITH UP TO 621,430,200 FREE DETACHABLE WARRANTS B ON THE BASIS OF 4 RIGHTS SHARES TOGETHER WITH 3 FREE WARRANTS B FOR EVERY 2 EXISTING SHARES HELD BY THE ENTITLED SHAREHOLDERS OF THE COMPANY AT 5.00 P.M. ON 2 DECEMBER 2020

Listing Date	04 Jan 2021
Issue Date	28 Dec 2020
Issue/ Ask Price	Not Applicable
Issue Size Indicator	Unit
Issue Size in Unit	621,430,198
Maturity	Mandatory
Maturity Date	27 Dec 2025
Revised Maturity Date
Name of Guarantor
Name of Trustee
Coupon/Profit/Interest/Payment Rate
Coupon/Profit/Interest/Payment Frequency
Redemption
Exercise/Conversion Period	5.00   Year(s)
Revised Exercise/Conversion Period
Exercise/Strike/Conversion Price	Malaysian Ringgit (MYR)   0.1000
Revised Exercise/Strike/Conversion Price
Exercise/Conversion Ratio	1:1
Revised Exercise/Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price	Cash
Settlement Type/ Convertible into	Physical (Shares)

GREEN OCEAN CORPORATION BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ?	No
Types of corporate proposal	ESOS
Details of corporate proposal	Employees' Share Option Scheme
No. of shares issued under this corporate proposal	20,000,000
Issue price per share ($$)	Malaysian Ringgit (MYR)   0.0650
Par Value($$) (if applicable)	Malaysian Ringgit (MYR)   0.000
Latest issued share capital after the above corporate proposal in the following
Units	1,262,860,400
Issued Share Capital ($$)	Malaysian Ringgit (MYR) 106,784,327.000
Listing Date	05 Feb 2021

karhornchong

棕油起够够力0074会起吗？？

icy97

GREEN OCEAN CORPORATION BERHAD

Particulars of substantial Securities Holder

Name	FOCUS DYNAMICS CENTRE SDN. BHD.
Address	Lot 12.1, 12th Floor, Menara Lien Hoe, No. 8 Persiaran Tropicana, Tropicana Golf & Country Resort Petaling Jaya 47410 Selangor Malaysia.
Company No.	199901003144 (478044-A)
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	25 Nov 2021	63,000,000	Acquired	Direct Interest
	Name of registered holder	Focus Dynamics Centre Sdn. Bhd.
	Address of registered holder	Lot 12.1, 12th Floor, Menara Lien Hoe, No. 8, Persiaran Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor Darul Ehsan
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition of shares from open market.
Nature of interest	Direct Interest
Direct (units)	414,932,000
Direct (%)	19.65
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	414,932,000
Date of notice	26 Nov 2021
Date notice received by Listed Issuer	26 Nov 2021

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2021

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2021	30 Sep 2020	30 Sep 2021	30 Sep 2020
		$$'000	$$'000	$$'000	$$'000

1	Revenue	860	25,134	860	25,134
2	Profit/(loss) before tax	-4,728	-490	-4,728	-490
3	Profit/(loss) for the period	-4,728	-490	-4,728	-490
4	Profit/(loss) attributable to ordinary equity holders of the parent	-4,728	-490	-4,728	-490
5	Basic earnings/(loss) per share (Subunit)	-0.25	-0.16	-0.25	-0.16
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.0633		0.0742

icy97

GREEN OCEAN CORPORATION BERHAD

Particulars of substantial Securities Holder

Name	FOCUS DYNAMICS CENTRE SDN. BHD.
Address	Lot 12.1, 12th Floor, Menara Lien Hoe, No. 8 Persiaran Tropicana, Tropicana Golf & Country Resort Petaling Jaya 47410 Selangor Malaysia.
Company No.	199901003144 (478044-A)
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	01 Dec 2021	60,000,000	Acquired	Direct Interest
	Name of registered holder	Focus Dynamics Centre Sdn. Bhd.
	Address of registered holder	Lot 12.1, 12th Floor, Menara Lien Hoe, No. 8, Persiaran Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor Darul Ehsan
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition of shares from open market.
Nature of interest	Direct Interest
Direct (units)	474,932,000
Direct (%)	22.492
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	474,932,000
Date of notice	02 Dec 2021
Date notice received by Listed Issuer	02 Dec 2021

icy97

GREEN OCEAN CORPORATION BERHAD

Date of change	06 Dec 2021
Name	MR TAY BEN SENG, BENSON
Age	37
Gender	Male
Nationality	Malaysia
Designation	Executive Director
Directorate	Executive
Type of change	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Degree	1. Commerce 2. Marketing and Management	Curtin University Technology, Perth

Working experience and occupation

Mr. Benson appointed as a Director of Marquee International Sdn. Bhd., a wholly owned subsidiary of Focus Dynamics Group Berhad ("Focus") in 2012. He spearheaded the expansion of Focus and has been instrumental in conceiving and driving the success of the distinctive lifestyle F&B brands of the group. He was then subsequently appointed as the Executive Director of Focus in 2017, in which he is at present, extensively involved in developing the business further in the e-commerce, robotics, healthcare and technology space. Prior to joining Focus, he has had vast experiences in numerous fields ranging from event management to F&B operations and conceptualising new start-ups. He currently also sits as the Non-Independent Non-Executive Director of Brahim's Holdings Berhad and Executive Director of Saudee Group Berhad and Oversea Enterprise Berhad respectively.

Directorships in public companies and listed issuers (if any)

1. Focus Dynamics Group Berhad2. Brahim's Holdings Berhad3. Saudee Group Berhad4. Oversea Enterprise Berhad

icy97

GREEN OCEAN CORPORATION BERHAD

Date of change	06 Dec 2021
Name	MR MAK SIEW WEI
Age	46
Gender	Male
Nationality	Malaysia
Designation	Director
Directorate	Executive
Type of change	Resignation
Reason	Due to his other work commitments.

icy97

GREEN OCEAN CORPORATION BERHAD

Particulars of substantial Securities Holder

Name	FOCUS DYNAMICS CENTRE SDN. BHD.
Address	Lot 12.1, 12th Floor, Menara Lien Hoe, No. 8 Persiaran Tropicana, Tropicana Golf & Country Resort Petaling Jaya 47410 Selangor Malaysia.
Company No.	199901003144 (478044-A)
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	02 Dec 2021	73,000,000	Acquired	Direct Interest
	Name of registered holder	Focus Dynamics Centre Sdn. Bhd.
	Address of registered holder	Lot 12.1, 12th Floor, Menara Lien Hoe, No. 8, Persiaran Tropicana, Tropicana Golf & Country Resort, 47410 Petaling Jaya, Selangor Darul Ehsan
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquisition of shares from open market.
Nature of interest	Direct Interest
Direct (units)	547,932,000
Direct (%)	25.949
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	547,932,000
Date of notice	06 Dec 2021
Date notice received by Listed Issuer	06 Dec 2021

icy97

GREEN OCEAN CORPORATION BERHAD

Entitlement subject	Share Consolidation
Entitlement description	CONSOLIDATION OF EVERY 10 EXISTING ORDINARY SHARES IN GREEN OCEAN CORPORATION BERHAD ("GREEN OCEAN" OR "COMPANY") ("GREEN OCEAN SHARE(S)" OR "SHARE(S)") INTO 1 GREEN OCEAN SHARE ("SHARE CONSOLIDATION")
Ex-Date	25 Oct 2023
Entitlement date	26 Oct 2023
Entitlement time	5:00 PM
Financial Year End	30 Sep 2024
Share transfer book & register of members will be	to  closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	26 Oct 2023
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Ratio
Par Value (if applicable)

Entitlement Details

Company Name	Ratio (New : Existing)	Available/Listing Date	Fractional Entitlement
GREEN OCEAN CORPORATION BERHAD	1.0000 : 10.0000	27 Oct 2023	Round Down / Fraction Disregard

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	GREEN OCEAN CORPORATION BERHAD (GREEN OCEAN OR THE COMPANY)I. DISPOSAL OF PROPERTYII. DISPOSAL OF PLANT AND MACHINERY
The Board of Directors of Green Ocean wishes to announce that its wholly-owned subsidiary, Ace Edible Oil Industries Sdn. Bhd., has on 26 April 2023 entered into two (2) Sale and Purchase Agreements with Wilee Vegetable Oils Sdn. Bhd. for the disposal of a piece of freehold land and plant and machinery for a total consideration of RM23,400,000. This announcement is dated 26 April 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3347063

Attachments Green Ocean - Sale and Purchase Agreement (AEOI Land and PPE).pdf

Type	Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID	IQL-27042023-00001
Subject	PROPOSED DISPOSAL BY ACE EDIBLE OIL INDUSTRIES SDN BHD ("AEOI"), A WHOLLY-OWNED SUBSIDIARY OF GREEN OCEAN CORPORATION BERHAD ("GREEN OCEAN"), OF A PIECE OF FREEHOLD LAND ("PROPERTY") AND PLANT AND MACHINERY ("PLANT AND MACHINERY") FOR A TOTAL CONSIDERATION OF RM23,400,000 ("PROPOSED DISPOSAL")
Description	GREEN OCEAN CORPORATION BERHAD (GREEN OCEAN OR THE COMPANY)I. DISPOSAL OF PROPERTYII. DISPOSAL OF PLANT AND MACHINERY
Query Letter Contents	We refer to your Company’s announcement dated 26 April 2023, in respect of the aforesaid matter. In this connection, kindly furnish Bursa Securities with the following additional information for public release:- 1) The details of the Plant and Machinery being disposed by AEOI. 2) The indirect shareholdings of the directors and shareholders of Wilee Vegetable Oils Sdn Bhd (“WVO”) in WVO, or a negative statement. 3) The following details in relation to the Property: The approximate age of the buildings. The amount of lettable space of the buildings and the percentage of occupancy. The existing use of the Property. If currently let out, the details of the rentals. If the Property is currently used as a factory, the effect of the Proposed Disposal on the operations of AEOI. The date of valuation which forms the basis of the valuation report prepared by VPC Alliance (KL) Sdn Bhd. 4) The date(s) on which the earnest deposits and the balance deposits for the Proposed Disposal were paid and/or released to AEOI. 5) The justification for the consideration of RM1,000,000 for the Proposed Disposal of the Plant and Machinery, which is at a discount to the market value. 6) To clarify the effect of the Proposed Disposal on the earnings and earnings per share of the Green Ocean group. 7) The particulars of any liabilities, including contingent liabilities, in relation to the Proposed Disposal which will remain with Green Ocean and/or AEOI, together with the details and justification for such arrangements. 8) The particulars of any guarantees given by Green Ocean and/or AEOI to the purchaser. 9) The estimated time frame to complete the Proposed Disposal. 10) To make available for inspection the valuation reports prepared by VPC Alliance (KL) Sdn Bhd.
Reference is made to the Company’s announcement dated 26 April 2023 and the letter dated 27 April 2023 from Bursa Malaysia Securities Berhad requesting for additional information pertaining to the Proposed Disposal. Please refer to the attachment for the details. This announcement is dated 28 April 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3349001

Attachments Green Ocean - Reply to Query - Additional Information.pdf

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	GREEN OCEAN CORPORATION BERHAD (GREEN OCEAN OR THE COMPANY)I. DISPOSAL OF PROPERTYII. DISPOSAL OF PLANT AND MACHINERY
For consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the Announcement unless otherwise defined herein. Reference is made to the Company’s announcements dated 26 April 2023 and 28 April 2023 (which reply to the queries from Bursa Malaysia Securities Berhad dated 27 April 2023) in relation to the same. The Board wishes to announce the following additional information: 1.         The annual rent stated in the point no. 4.1 of the announcement dated 26 April 2023 is refer to annual quit rent paid/payable to Pejabat Tanah dan Galian Negeri Selangor. 2.         The valuation report of the Property prepared by VPC Alliance (KL) Sdn. Bhd. was dated 22 August 2022. 3.         The Purchaser had on 10 February 2023 and 26 April 2023 paid the earnest deposits and balance deposits to AEOI’s solicitor as stakeholder respectively.             On 1 May 2023, AEOI’s solicitor had released the earnest deposits and balance deposits to AEOI. 4.Green Ocean and/or AEOI is not aware of any liabilities, including contingent liabilities in relation to the Proposed Disposal which will remain with Green Ocean and/or AEOI, together with the details and justification for such arrangements. This announcement is dated 2 May 2023.

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	GREEN OCEAN CORPORATION BERHAD (GREEN OCEAN OR THE COMPANY)I. DISPOSAL OF PROPERTYII. DISPOSAL OF PLANT AND MACHINERY
For consistency purposes, the abbreviations used in this announcement are the same as those previously defined in the Announcement unless otherwise defined herein. Reference is made to the Company’s announcements dated 26 April 2023, 28 April 2023 (which reply to the queries from Bursa Malaysia Securities Berhad dated 27 April 2023) and 2 May 2023 in relation to the same. The Board of Directors of Green Ocean wishes to announce that the Disposal of Property and Disposal of Plant and Machinery has been completed. This announcement is dated 19 September 2023.

icy97

Type	Announcement
Subject	TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS
Description	GREEN OCEAN CORPORATION BERHAD (GREEN OCEAN OR THE COMPANY)SHARE SALE AGREEMENT BETWEEN GREEN OCEAN AND WILEE VEGETABLE OILS SDN. BHD. (PROPOSED DISPOSAL)
Reference is made to the Company’s announcements dated 26 April 2023, 28 April 2023, 2 May 2023 and 19 September 2023 in relation to the disposal of property and plant and machinery. The Board of Directors of Green Ocean wishes to announce that Green Ocean had on 4 April 2024 entered into a Shares Sale Agreement with Wilee Vegetable Oils Sdn. Bhd., for the disposal of 37,000,000 ordinary shares held by Green Ocean in Ace Edible Oil Industries Sdn. Bhd. (AEOI), representing 100% of the total issued and paid-up ordinary shares of AEOI, for a total consideration of RM100,000.00. Upon completion, AEOI shall cease to be a subsidiary of the Company. Please refer to the full announcement as attached. This announcement is dated 4 April 2024.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3436424

Attachments Green Ocean - Share Sale Agreement with Wilee Vegetable Oils Sdn. Bhd.pdf