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OKH Global Ltd (OKHG.SI)

OKHG.SI on Stock Exchange of Singapore

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Latest Key Developments (Source: Significant Developments)

OKH Global posted revenue of approximately S$107.94 mln in 3QFY2017
Friday, 12 May 2017 05:38am EDT 

May 12 (Reuters) - Okh Global Ltd ::Posted revenue of approximately S$107.94 million in 3QFY2017 as compared to S$82.42 million in previous corresponding period.Q3 losses attributable to owners of the company S$25 million versus profit of S$3 million.  Full Article

OKH Global announces service of writ of summons on subsidiaries
Thursday, 13 Apr 2017 05:17am EDT 

Okh Global Ltd : OKH Buroh Pte. Ltd. And OKH Loyang Pte. Ltd. Had been served with a writ of summons on 3 april 2017 by Weston Global Realty Pte Ltd . Pursuant to writ, plaintiffs had claimed against OKH Buroh and OKH Loyang a total sum of s$4.5 million . Group is seeking legal advice on this matter .Writ of summons filed by Weston Global Realty Pte Ltd and Ktnc Real Estate Consultants Pte Ltd.  Full Article

Okh Global announces proposed divestment of Pal Investment Holdings and Pal Holdings Singapore
Thursday, 9 Mar 2017 06:46am EST 

Okh Global Ltd : Proposed Divestment Of Pal Investment Holdings Pte. Ltd. And Pal Holdings Singapore Pte. Ltd . Deal for aggregate purchase consideration payable in cash by palh and bcp under spa 1 and spa 2 is s$49.00 million . Two units Okh Transhub Pte and Chronoz Investment Pte entered into two conditional share sale agreements . Deal to dispose of group's entire minority interests in Pal Investment Holdings Pte. Ltd. and Pal Holdings Singapore Pte .Expected to record a net loss of about s$7.22 million for proposed divestment before transaction costs.  Full Article

OKH Global says Bon Ween Foong has resigned as executive director and deputy CEO
Friday, 2 Dec 2016 07:19am EST 

Okh Global Ltd :Bon ween foong has resigned as an executive director and deputy chief executive officer of company.  Full Article

OKH Global says Bon Ween Foong re-designated as deputy CEO
Tuesday, 2 Aug 2016 08:17am EDT 

OKH Global Ltd : Bon Ween Foong was re-designated as the deputy chief executive officer with effect from 2 August 2016 .  Full Article

OKH Global appoints Celine Tang as executive chairman and CEO
Tuesday, 2 Aug 2016 08:12am EDT 

OKH Global Ltd : Appointment of Celine Tang as the executive chairman and chief executive officer of the company .  Full Article

OKH Global Ltd entered conditional subscription agreement with Haiyi Holdings
Tuesday, 5 Apr 2016 06:49am EDT 

OKH Global Ltd:Company had on 5 April 2016 entered into conditional subscription agreement with Haiyi Holdings Pte. Ltd.Is also proposing to undertake a capital reorganisation exercise to reduce the par value of its shares from US$0.16 to US$0.01.Says the company and the subscriber have also entered into the loan agreement.Says subscription share for an aggregate amount of s$50 million Loan agreement for a loan of s$10 million.  Full Article

OKH Global Ltd says Interpol Red Notice was issued against CEO of the company
Monday, 4 Jan 2016 05:59pm EST 

OKH Global Ltd:Says interpol red notice was issued against Bon Ween Foong, the executive chairman and CEO of the company.Says red notice states, among other things, that bon is wanted by indonesian authorities Red notice has arisen out of a commercial dispute that started in 2012 between mr bon and a former business partner in Indonesia.Says company is not related to and has no interest in pt alliancz Asia pacific and is not involved in that dispute.Says bon is wanted in connection with a charge of "providing false statement for official document.Says bon will be represented by lawyers in Indonesia to contest the charge.Says bon has advised the company that he denies the charge referred to in the red notice.  Full Article

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