61,650,000 Ordinary Shares of Ocean Vantage Holdings Berhad are subject to a Lock-Up Agreement Ending on 22-JUL-2023. These Ordinary Shares will be under lockup for 1103 days starting from 14-JUL-2020 to 22-JUL-2023.

Details:
The promoter of the company, namely, Kenny Ronald Naglin, Martin Philip King Ik Piau, Yau Kah Tak and Mary King Siaw Ning agreed not to dispose of any shares of the company for a period six months from the admission date. Upon expiry of the first six month period, an aggregate of 45% of its shareholding will remain under lock-up. Thereafter, it may sell up to a maximum of one third of shares held under lock-up annually.