Latest news with #KenLim
The Sun
a day ago
- Business
- The Sun
ECIB becomes key investor in Oasis Harvest with 5.78% stake
KUALA LUMPUR: Bursa Malaysia-listed food and beverage (F&B) player Oasis Harvest Corporation Bhd announced that European Credit Investment Bank Ltd (ECIB) has become a substantial shareholder in the company. ECIB, a Labuan Financial Services Authority (Labuan FSA)-regulated investment bank, has acquired a 5.78% interest in Oasis, equivalent to 1,392,800 shares, through an open-market transaction on July 18. This development marks a significant vote of confidence from a reputable financial institution in Oasis's future. Oasis executive director Ch'ng Eu Vern expressed his enthusiasm about the new partnership. 'We are delighted to welcome ECIB as a substantial shareholder. This is a significant milestone for Oasis and a clear indication of our growth potential. 'ECIB's deep experience in finance and strategic advisory will be invaluable to us. 'We look forward to a close collaboration, tapping into their insights to accelerate our strategic plans and create greater value for our shareholders,' he said in a statement. Established in 2008 and based in Labuan, ECIB specialises in investment banking and wealth management, with strong insights into the Asia-Pacific region. Under the leadership of its CEO Ken Lim, ECIB is known for its experience in capital markets and strict regulatory compliance. ECIB's investment provides Oasis with a stable and strategic financial partner, strengthening the company's foundation for future expansion. The association with a well-regarded investment bank also boosts Oasis's reputation and trust among clients, partners, and the wider investment community. With the backing and expertise of ECIB, Oasis is in a stronger position to pursue ambitious growth opportunities and continue building on its success.
Focus Malaysia
2 days ago
- Business
- Focus Malaysia
European Credit Investment Bank emerges substantial shareholder of Oasis Harvest with 5.78% stake
MAIN Board-listed food & beverage (F&B) player Oasis Harvest Corp Bhd (formerly Dolphin International Bhd) has landed the European Credit Investment Bank Ltd (ECIB) as its substantial shareholder. The Labuan Financial Services Authority (Labuan FSA)-regulated investment bank acquired a 5.78% interest – an equivalent of 1,392,800 shares – in Oasis Harvest through an open market transaction on July 18, according to a Bursa Malaysia filing yesterday (July 21). This development marks a significant vote of confidence from a reputable financial institution in Oasis Harvest's future. Established in 2008, the Labuan-based ECIB specialises in investment banking and wealth management with strong insights into the Asia-Pacific region. Under the leadership of its CEO, Ken Lim, ECIB is known for its experience in capital markets and strict regulatory compliance. 'We are delighted to welcome ECIB as a substantial shareholder. This is an important milestone for Oasis Harvest and a clear endorsement of our growth potential,' an elated Oasis Harvest executive director Ch'ng Eu Vern pointed out. 'ECIB's deep experience in finance and strategic advisory will be invaluable to us. We look forward to a close collaboration, tapping into their insights to accelerate our strategic plans and create greater value for our shareholders.' ECIB's investment is poised to provide Oasis Harvest with a stable and strategic financial partner, hence strengthening the group's foundation for future expansion. Moving forward, the association with a well-regarded investment bank is expected to boost Oasis Harvest's reputation and trust among clients, partners and the wider investment community. 'With the backing and expertise of ECIB, Oasis Harvest is in a stronger position to pursue ambitious growth opportunities and continue building on its success,' added Ch'ng. At 3.25pm, Oasis Harvest was down 2 sen or 8.33& to 22 sen with 2.05 million shares traded, thus valuing the company at RM32 mil. – July 22, 2025
Barnama
07-07-2025
- Business
- Barnama
Oecusse To Spearhead Timor-Leste's Modernisation In Bold CMC-RAEOA Initiative
KUALA LUMPUR, July 7 (Bernama) -- In a major public-private partnership, Core Management Corporation (CMC) and the Special Administrative Region of Oecusse-Ambeno (RAEOA) have announced the launch of the Oecusse Digital Centre (ODC) Smart Hub, a 140-acre, multi-sector development set to become Timor-Leste's first smart city. In a statement, CMC Chairman, Dr Ken Lim said the development would attract international capital and create long-term economic value. "This project is not just about powering infrastructure — it is about securing the future of Oecusse. The solar farm will provide clean, reliable energy for the ODC and future developments, with several more high-impact projects and international collaborations in the pipeline that will be unveiled in the coming months," he said.
Yahoo
27-04-2025
- Yahoo
Vancouver: Several dead as car plows into crowd at festival
Several people were killed and multiple others injured after a vehicle drove into a crowd at a street festival in Vancouver, western Canada on Saturday, police said. Public broadcaster CBC said the incident happened shortly after 8 p.m. local time (0300 UTC/GMT) near East 41st Avenue and Fraser Street, which is in the city's Eastside. Police said in a statement on X that the driver is in custody. A number of people have been killed and multiple others are injured after a driver drove into a crowd at a street festival at E. 41st Avenue and Fraser shortly after 8 p.m. tonight. The driver is in custody. We will provide more information as the investigation unfolds. — Vancouver Police (@VancouverPD) April 27, 2025 Media reports said the incident took place at the Lapu Lapu Day festival, a celebration of Filipino culture Vancouver Mayor Ken Lim wrote on X: "I am shocked and deeply saddened by the horrific incident at today's Lapu Lapu Day event. We will work to provide more information as soon as we can, but at this time." "Our thoughts are with all those affected and with Vancouver's Filipino community during this incredibly difficult time," Lim added. I am shocked and deeply saddened by the horrific incident at today's Lapu Lapu Day event. We will work to provide more information as soon as we can, but at this time @VancouverPD have confirmed that there are a number of fatalities and multiple injuries. Our thoughts are with… — Mayor Ken Sim (@KenSimCity) April 27, 2025 This breaking news story will be updated shortly. Edited by: Roshni Majumdar
