Latest news with #ECIB
The Sun
23-07-2025
- 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.
The Sun
23-07-2025
- Business
- The Sun
ECIB emerges as substantial shareholder in Oasis Harvest with 5.78% stake
Ch'ng looks forward to a close collaboration, tapping into ECIB insights to accelerate Oasis' strategic plans and create greater value for our shareholders. 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 18 July 2025. 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
22-07-2025
- 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
