【OASIS 5265 交流专区】（前名 DOLPHIN）

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DOLPHIN INTERNATIONAL BERHAD

Particulars of substantial Securities Holder

Name	DATO' SRI TAN OOI HAN
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Share

Details of changes

No	Date of change	No of securities	Type of Transaction	Nature of Interest
1	23 Sep 2024	5,000,000	Acquired	Direct Interest
	Name of registered holder	AMSEC Nominees (Tempatan) Sdn Bhd Pledged Securities Account -Ambank (M) Berhad for Dato Sri Tan Oo
	Description of "Others" Type of Transaction

Circumstances by reason of which change has occurred	Acquired via off market
Nature of interest	Direct Interest
Direct (units)	18,050,000
Direct (%)	12.265
Indirect/deemed interest (units)	13,655,000
Indirect/deemed interest (%)	9.278
Total no of securities after change	31,705,000
Date of notice	25 Sep 2024
Date notice received by Listed Issuer	25 Sep 2024

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		Three Months	Three Months	Eighteen Months	Eighteen Months
		01 Oct 2024 To	01 Oct 2023 To	01 Jul 2023 To	01 Jul 2022 To
		31 Dec 2024	31 Dec 2023	31 Dec 2024	31 Dec 2023
		MYR'000	MYR'000	MYR'000	MYR'00

1	Revenue	4,342	3,635	19,029	0
2	Profit/(loss) before tax	2,161	-1,014	597	0
3	Profit/(loss) for the period	1,800	-1,014	131	0
4	Profit/(loss) attributable to ordinary equity holders of the parent	1,833	-1,033	170	0
5	Basic earnings/(loss) per share (Subunit)	1.25	-0.76	0.12	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	0.2370		0.0250

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BURSA MALAYSIA SECURITIES PUBLICLY REPRIMANDS OASIS HARVEST CORPORATION BERHAD AND MERCURY SECURITIES SDN. BHD.

OASIS HARVEST CORPORATION BERHAD

KUALA LUMPUR, 10 March 2025 - Bursa Malaysia Securities Berhad [Registration No.: 200301033577 (635998-W)] (Bursa Malaysia Securities) has publicly reprimanded Oasis Harvest Corporation Berhad (OASIS) and Mercury Securities Sdn. Bhd. (Mercury Securities), for breaches of the Bursa Malaysia Securities Main Market Listing Requirements (Main LR).
OASIS and Mercury Securities, the Principal Adviser in relation to the revised rights issue of OASIS announced on 26 May 2023 (Rights Issue) were publicly reprimanded for the following breaches : -

• Paragraphs 6.02(5) and/or 8.25(2) of the Main LR where the books closing date (BCD) of the Rights Issue on 5 October 2023 was altered/revised/cancelled and the Rights Issue was subsequently terminated; and
• Paragraph 9.35A(5) of the Main LR for failing to immediately notify Bursa Malaysia Securities after becoming aware that the announcement and circular to shareholders on the Rights Issue dated 26 May 2023 and 31 July 2023 respectively might not fulfil the requirements of paragraphs 9.35A(1)(a) & (d)(i) of the Main LR vis-à-vis disclosure of the impact of the impairment of goodwill in respect of the acquisition of High Reserve F&B Sdn Bhd (Acquisition) on the Rights Issue.
  
  

In addition, Mercury Securities had breached paragraph 6.02(6) of the Main LR read together with paragraph 5.05(a) of the Securities Commission’s (SC) Guidelines on Submission of Corporate and Capital Market Product Proposals (SC’s Guidelines) for failing to make due and careful enquiries as to whether the proposed utilisation of proceeds from the Rights Issue to fund the Acquisition/pay the deferred cash consideration would not be detrimental to the investors in view of the impairment to ensure the Rights Issue met the requirements of the SC.
The finding of breach and imposition of the public reprimand on OASIS and Mercury Securities were made pursuant to paragraph 16.19(1) of the Main LR upon completion of due process after taking into consideration all facts and circumstances of the matter including the materiality and impact of the breach.  
Bursa Malaysia Securities views the contravention seriously as the requirement in paragraph 8.25(2) of the Main LR which clearly and strictly prohibits any subsequent alteration to or revocation of the basis of an entitlement and BCD that have been declared is fundamental to maintain/ensure market integrity and certainty and to safeguard the interest/rights of investors and shareholders.
Bursa Malaysia Securities wishes to remind listed issuers and advisers to maintain the highest standards of integrity, accountability, corporate governance and responsibilities in ensuring compliance of the Main LR.

BACKGROUND
On 26 May 2023, OASIS announced the Rights Issue which entailed the renounceable rights issue of up to 202,804,406 new ordinary shares in OASIS together with up to 152,103,304 free detachable warrants on the basis of 4 rights shares together with 3 warrants for every 3 consolidated shares of OASIS held on an entitlement date to be determined later.
OASIS had obtained the approval of Bursa Malaysia Securities and its shareholders in respect of the Rights issue on 12 July 2023 and 23 August 2023 respectively. Based on the circular to shareholders dated 31 July 2023, OASIS proposed to utilise RM5.35 million of the proceeds from the Rights Issue, representing 47.3% of the minimum gross proceeds of RM11,303 million, to pay the deferred cash consideration for the Acquisition.
On 30 August 2023, OASIS announced its fourth quarterly report for the financial year ended 30 June 2023 where OASIS had made an impairment of goodwill in respect of the Acquisition totalling RM12 million (Impairment). Notwithstanding the Impairment, OASIS had on 19 September 2023 announced the BCD of the Rights Issue on 5 October 2023 and submitted the draft abridged prospectus in relation to the Rights Issue to the SC on 21 September 2023.
Thereafter, OASIS had on 3 October 2023 announced the revision of the BCD for the Rights Issue from 5 October 2023 to 19 October 2023 and subsequently announced on (i) 13 October 2023 that the Board had decided not to proceed with the Rights Issue; and (ii) 16 October 2023 that the ex-date entitlement date and other relevant important dates for the Rights Issue were no longer applicable.
The alteration of the BCD and termination of the Rights Issue were essentially due to the failure/inability of OASIS and the Principal Adviser, Mercury Securities to justify to the SC that the Rights Issue would not be detrimental to the interest of investors in view of the Impairment.  There was no reasonable basis to continue with the Rights Issue to fund the Acquisition/pay the deferred cash consideration in view of the Impairment.
OASIS and Mercury Securities had failed to undertake reasonable assessment on the proposed utilisation of proceeds from the Rights Issue to fund the Acquisition/pay the deferred cash consideration in view of the Impairment before proceeding to announce the BCD on 19 September 2023, and this led to the alteration/revision/cancellation of the BCD and termination of the Rights Issue in contravention of paragraph 8.25(2) of the Main LR.
Further, OASIS and Mercury Securities had an obligation under paragraph 9.35A(5) of the Main LR to notify Bursa Securities of subsequent material development/fact to ensure that the announcement or circular issued on the Rights Issue fulfilled the requirements of paragraph 9.35A(1) of the Main LR. However, OASIS and Mercury Securities had failed to notify Bursa Malaysia Securities of the impact of the Impairment on the Rights Issue which was material to enable securities holders and investors to make informed investment decisions.

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Type	Announcement
Subject	OTHERS
Description	OASIS HARVEST CORPORATION BERHAD  (FORMERLY KNOWN AS DOLPHIN INTERNATIONAL BERHAD) ("OASIS" OR "THE COMPANY")-DEVIATION OF 10% OR MORE BETWEEN THE ANNOUNCED UNAUDITED FINANCIAL RESULTS AND THE AUDITED FINANCIAL STATEMENTS FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2024
1. INTRODUCTION The Board of Directors of Oasis wishes to announce that refer to the unaudited consolidated results for the period ended 31 December 2024 (“Q6FYE2024”) which announced to Bursa Malaysia Securities Berhad (“Bursa Securities”) on 28 February 2025 and the audited financial statements for the financial period ended 31 December 2024 (“AFS 2024”) which announced to Bursa Securities on 30 April 2025. 2. DEVIATION BETWEEN UNAUDITED RESULTS AND THE AUDITED RESULTS In compliance with Paragraph 9.19(35) of the Main Market Listing Requirements of Bursa Securities, the Board wishes to inform that there is a deviation or variance of more than 10% in the profit attributable to equity holders of the Company (“PATAMI”) between the announced Q6FYE2024 and the audited financial statements for the FYE 31 December 2024. The PATAMI of the Group amount RM131,009 as stated in the Q6 FYE2024 as compared to AFS 2024 PATAMI of the Group of RM137,817. The deviation is reconciled and explained as below: AFS 2024 Q6FYE 2024 Variance RM’000 RM’000 RM’000 % Profit/ (Loss) after taxation attributable to: Owners of the Company 146 169 (23) 14 Non-controlling interest (9) (38) 29 76 Profit/(Loss) for the year 138 131 7 5 The variance of more than 10% PATAMI was mainly due to the reclassification of foreign exchange to the owner of the Company.      This announcement is dated 14 May 2025.

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2025

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2025	31 Mar 2024	31 Mar 2025	31 Mar 2024
		MYR'000	MYR'000	MYR'000	MYR'000

1	Revenue	2,722	3,720	2,722	3,720
2	Profit/(loss) before tax	-966	1,556	-966	1,556
3	Profit/(loss) for the period	-966	1,556	-966	1,556
4	Profit/(loss) attributable to ordinary equity holders of the parent	-948	1,543	-948	1,543
5	Basic earnings/(loss) per share (Subunit)	-0.64	1.15	-0.64	1.15
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	0.2310		0.2370

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Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	OASIS HARVEST CORPORATION BERHAD (FORMERLY KNOWN AS DOLPHIN INTERNATIONAL BERHAD) ("OASIS" OR THE "COMPANY")I. PROPOSED ACQUISITION; ANDII. PROPOSED VARIATION(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")
On behalf of the Board of Directors of Oasis ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake the following:- i. proposed acquisition of 1,000,000 ordinary shares in Metta Food & Lifestyle Sdn Bhd ("Metta") ("Metta Share(s)" or "Sale Share(s)") from Globaltec Formation Berhad, Dato' Sri Tan Ooi Han, Andre Shum Khum Yuin, Dato' Sri Wong Kok Chor, David Liew Poh Sun and Tan Tung Nguan (collectively, the "Vendor(s)"), representing 100% equity interest in Metta for a total cash consideration of RM30.80 million ("Purchase Consideration") ("Proposed Acquisition"); and ii. proposed variation to the utilisation of proceeds from the Disposal (as defined in Section 3 of the enclosed announcement) to the current intended utilisation ("Proposed Variation"). Further details of the Proposals are set out in the attachment enclosed. This announcement is dated 3 June 2025.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3559840

Attachments Oasis - Announcement (Proposals).pdf

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Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

OASIS HARVEST CORPORATION BERHAD

Particulars of Substantial Securities Holder

Name	EUROPEAN CREDIT INVESTMENT BANK LTD
Address	Brumby Centre, Lot 42, Jalan Muhibbah Labuan 87000 Wilayah Persekutuan Labuan Malaysia.
Company No.	LL06792
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Name of registered holder	EUROPEAN CREDIT INVESTMENT BANK LTD
Address of registered holder	Brumby Centre, Lot 42, Jalan Muhibbah, 87000 Labuan

Date interest acquired & no of securities acquired
Date interest acquired	18 Jul 2025
No of securities	1,392,800
Circumstances by reason of which Securities Holder has interest	acquired via open market
Nature of interest	Direct Interest
Total no of securities after change
Direct (units)	8,506,600
Direct (%)	5.78
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Date of notice	21 Jul 2025
Date notice received by Listed Issuer	21 Jul 2025