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MOVE TOGETHER WITH GOLD RALLIES 2020
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Volmax
Elite |
20-Jul-2026 22:02
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PROPOSED PURCHASE OF INVENTORY IN RELATION TO RENEWABLE ENERGY BUSINESS The Board wishes to announce that SSE has, on 17 July 2026, entered into a conditional sale and purchase agreement with Shandong Ruixuechang International Trading Co., Ltd. for the purchase of PV mounting systems at a purchase price of CNY2.30 million - equivalent to approximately S$439,000. The Proposed Purchase of Inventory is undertaken in the ordinary course of the Group&rsquo s Renewable Energy Business. Pursuant to Rule 1005 of the Catalist Rules, separate transactions completed within the last twelve months may be aggregated and treated as if they were one transaction for the purposes of determining the classification of transactions under Chapter 10 of the Catalist Rules. Accordingly, the Proposed Purchase of Inventory has been aggregated with the following purchase transactions of inventory, which were undertaken in the ordinary course of the Group&rsquo s Renewable Energy Business and completed within the last twelve months, for the purposes of determining the classification of the Proposed Purchase of Inventory under Chapter 10 of the Catalist Rules: Date of contract Description Consideration (S$&rsquo 000) 6 April 2026 Solar photovoltaic panels 1,640 10 April 2026 Power cables 854 7 May 2026 Solar photovoltaic panels 57 Total 2,551 Together with the Consideration of approximately S$439,000 for the Proposed Purchase of Inventory, the aggregate consideration of the Aggregated Transactions amounts to approximately S$2.99 million. The relative figures of the Aggregated Transactions computed based on the applicable bases set out in Rule 1006 of the Catalist Rules are set out in Section 3.3 of this announcement.  |
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Volmax
Elite |
30-Jun-2026 19:28
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ENTRY INTO NON-BINDING MEMORANDUM OF UNDERSTANDING WITH MAXI MINES SDN. BHD. 1.1. The board of directors of OceanScape International Limited wishes to announce that the Company&rsquo s wholly-owned subsidiary, SeaScape Energy Sdn. Bhd., had on 29 June 2026 entered into a non-binding Memorandum of Understanding with Maxi Mines Sdn. Bhd. to explore a potential collaboration to jointly develop a large-scale off-grid solar photovoltaic power plant integrated with an energy storage system in Kelantan, Malaysia. 1.2. Pursuant to the MOU, the indicative roles of the Parties include, among others, the following: (a) SSESB is expected, on an indicative basis, to contribute project development, financing arrangements, overall technical coordination, ownership and operation of the power generation system, and the generation and sale of electricity to the offtaker. The project design, engineering, procurement, construction, commissioning, operation and maintenance works may be undertaken by SSESB, its appointed technical representative, affiliates, contractors or other qualified third parties. (b) Maxi Mines is expected, on an indicative basis, to facilitate local regulatory approvals, land selection, mining offtake relationships, local stakeholder management, and financing arrangements. 2. INFORMATION ON THE MOU
Read Company' s Full Announcement In SGX2.1. The MOU sets out the preliminary understanding of the Parties to explore the proposed development of an off-grid 300 megawatts solar photovoltaic power plant, integrated with a 1,200 megawatt-hours energy storage system, at a proposed project site in Kelantan, Malaysia. 2.2. The MOU establishes a framework for the Parties to collaborate and evaluate the feasibility of the Proposed Project, including technical, commercial, financial and regulatory aspects. 2.3. Under the MOU, the Proposed Project comprises the proposed development, financing, construction, ownership, operation and maintenance of: (a) an off-grid solar photovoltaic power plant with an installed capacity of approximately 300MW (b) an integrated energy storage system with an energy storage capacity of approximately 1,200MWh and (c) associated dedicated private distribution and balance-of-plant infrastructure required to supply electricity directly to mining operations in Kelantan, Malaysia. 2.4. The Proposed Project is intended to operate as a standalone off-grid power system and, if developed, will not be connected to, or export electricity to or import electricity from, the national electricity grid. |
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Volmax
Elite |
27-Jun-2026 10:19
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ENTRY INTO CONDITIONAL SOLAR POWER PURCHASE AGREEMENT FOR OFF-GRID SOLAR PHOTOVOLTAIC ENERGY PROJECT IN MALAYSIA 2.3. Pursuant to the PPA, SSESB will, subject to the terms and conditions of the PPA, design, construct, finance, install, own, operate, and maintain an off-grid solar photovoltaic energy generating system, together with: (a) a battery energy storage system with a power rating of 10 megawatts (MW) and an energy capacity of 30 megawatt-hours and (b) three diesel backup generators with an aggregate rated capacity of 3,000 kilovoltamperes at Big Mountain&rsquo s premises in Kelantan, Malaysia. 2.4. Upon the commencement of commercial operation of the Facility, SSESB will generate, deliver and supply electricity produced by the Facility to Big Mountain throughout the term of the PPA, in accordance with the terms and conditions of the PPA. 3. FEASIBILITY PERIOD AND CONDITIONS PRECEDENT 3.1. The PPA provides for an initial feasibility period of up to six (6) months from the execution date of the PPA (&ldquo Feasibility Period&rdquo ), during which Big Mountain will undertake its own independent technical, commercial and regulatory feasibility assessment of the Project, at its sole cost and discretion. 4. TERMS OF THE PPA AND CONTRACT VALUE 4.1. Subject to the issuance of the Continuation Notice by Big Mountain, satisfaction of the conditions precedent and the successful commissioning of the Facility, the PPA provides for a term of twenty-one years commencing from the commercial operation date of the Facility. Based on the discussions between the parties, the commercial operation date of the Facility is currently expected to be in the second quarter of 2027. 4.2. The PPA provides for an estimated annual minimum energy payment of approximately RM7.68 million or equivalent to approximately S$2.43 million based on an exchange rate of S$1.00 : RM3.16, exclusive of any applicable taxes, subject to the terms and conditions of the PPA. 4.3. The annual minimum energy payment will only become payable following the commencement of commercial operation of the Facility and in accordance with the terms and conditions of the PPA. 5. RATIONALE 5.1. The Board is of the view that the PPA is in line with the Group&rsquo s strategy of expanding its renewable energy business through the development and operation of long-term renewable energy infrastructure projects. 5.2. Upon satisfaction of the relevant conditions under the PPA and commencement of commercial operations of the Facility, the Project is expected to contribute recurring revenue to the Group over the Term of the PPA. Please Read Full Announcement In SGX |
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Volmax
Elite |
24-Jun-2026 10:32
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LITIGATION INVOLVING SALE OF INDIRECT SUBSIDIARIES TO HAO XIANG ENTERPRISE PTE. LTD. AND SPECIALTY TRADITIONAL FOODHUB PTE. LTD. The board of directors of OceanScape International Limited refers to the Company&rsquo s announcements dated 4 April 2025 in relation to the disposal of its indirect subsidiaries, EVT 603 Pte Ltd and Evertrust F& B Pte Ltd, and 31 October 2025 in relation to the Company&rsquo s response to queries from the Singapore Exchange Regulation Pte Ltd concerning, among other things, the status of the outstanding considerations payable in connection with the Disposals. As disclosed in the 4 April 2025 Announcement, the considerations payable in respect of the Disposals comprised: (a) S$580,000 payable by Hao Xiang Enterprise Pte. Ltd. to the Company&rsquo s wholly owned subsidiary, V2Y Pte. Ltd, for the acquisition of EVT 603, and (b) S$250,000 payable by Specialty Traditional Foodhub Pte. Ltd. to V2YPL for the acquisition of EVT F& B. On 2 June 2026, V2YPL commenced legal proceedings against Hao Xiang in the General Division of the High Court for recovery of the outstanding consideration of S$580,000, plus costs and interest. Hao Xiang did not file a Notice of Intention to Contest to the proceedings within the prescribed timeline. V2YPL subsequently applied for, and obtained, default judgment against Hao Xiang. The General Division of the High Court granted default judgement in favour of V2YPL on 18 June 2026 in the sum of S$580,000, plus costs and post-judgment interest at the rate of 5.33% per annum. Also on 2 June 2026, V2YPL commenced legal proceedings against STFPL in the District Court for recovery of the outstanding consideration of S$250,000, plus costs and interest. STFPL similarly did not file a Notice of Intention to Contest the proceedings within the prescribed timeline. V2YPL subsequently applied for, and obtained, default judgment against STFPL. The District Court granted default judgment in favour of V2YPL on 18 June 2026 in the sum of S$250,000, plus costs and postjudgment interest at the rate of 5.33% per annum. V2YPL has served the default judgments on Hao Xiang and STFPL and is currently seeking further legal advice on the available options for recovery of the outstanding considerations from Hao Xiang and STFPL. The Company will make further announcements as and when there are material developments in relation to the above matter |
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Volmax
Elite |
28-May-2026 09:47
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Below is the verified list of major contracts and agreements signed by the OceanScape and its subsidiaries:
Renewable Energy Business
Solar Panel Purchase Agreement (November 2025) &ndash Terminated March 2026:
Commodities Trading Business
Debt & Asset Restructuring
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Volmax
Elite |
28-May-2026 09:15
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ENTRY INTO OPERATIONS AND MAINTENANCE CONTRACT INFORMATION ON THE CONTRACT 2.1. Pursuant to the Contract, Shandong Ruixuechang has appointed SeaScape Energy Pte Ltd as the third-party operations and maintenance service provider for the management, operation and maintenance of Shandong Ruixuechang&rsquo s 300MW solar photovoltaic power plant located in the PRC. 2.2. The Contract is for a fixed term of two years commencing from 1 July 2026 to 30 June 2028, and shall be automatically renewed upon expiry of the Contract, on the same terms and conditions unless either party provides written notice of non-renewal prior to the expiry of the Contract in accordance with the terms of the Contract. 2.3. Pursuant to the Contract, the estimated annual operations and maintenance service fees payable to SEPL are approximately RMB15.0 million per annum, equivalent to approximately S$2.8 million based on the prevailing exchange rate. FINANCIALS EFFECTS 5.1. Based on the estimated annual contract value, the Contract is expected to contribute positively to the earnings per share and net tangible assets per share of the Group for the current financial year ending 31 December 2026. |
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Volmax
Elite |
28-May-2026 09:07
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The Board wishes to update shareholders that, on 26 May 2026, the Company and the ExSponsor reached an amicable settlement in respect of the legal proceedings against the Ex-Sponsor and the Ex-Sponsor Claim, following discussions between the parties through mediation. Pursuant to the Settlement, the Company will be taking the necessary steps to discontinue the legal proceedings against the Ex-Sponsor and the Ex-Sponsor will have no further claims (including but not limited to the Ex-Sponsor Claim) against the Company. The Settlement is not expected to have any material impact on the Group&rsquo s consolidated net tangible assets or earnings per share for the current financial year ending 31 December 2026. The legal proceedings against the Former Directors remain ongoing. The Company will make further announcements as and when there are material developments on this matter. |
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Volmax
Elite |
04-May-2026 09:03
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https://www.zaobao.com.sg/finance/singapore/story20260428-8966853 After being suspended from trading for more than half a year, the listing of Oceanscape International on the Catalist Board raises questions about when it will resume trading, causing dissatisfaction among shareholders. |
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Volmax
Elite |
30-Mar-2026 13:17
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TERMINATION OF PROPOSED PURCHASE OF INVENTORY UNDER THE SALE AND PURCHASE AGREEMENT DATED 28 NOVEMBER 2025 The Board wishes to announce that the Company&rsquo s wholly owned subsidiary, SeaScape Energy Pte. Ltd, has on 27 March 2026 entered into a termination agreement with the Seller to mutually terminate the sale and purchase agreement dated 28 November 2025. For the avoidance of doubt, the termination was initiated by the Seller in accordance with the terms of the Contract. In February 2026, the Seller informed the Company of its intention to terminate the Contract due to the reallocation of its manufacturing capacity. The Board notes that the solar panels to be acquired under the Contract were critical to the Group' s plans to develop its renewable energy business. The Proposed Purchase of Inventory represented the Group' s first significant step toward stocking an inventory for onward sale to contractors or project owners of renewable energy projects. As previously disclosed in the Company&rsquo s announcement dated 8 December 2025 in relation to the Company&rsquo s response to queries posed by the Singapore Exchange Regulation Pte. Ltd, the Company was in the process of securing some projects where the solar panels would be deployed and had projected order book quantities exceeding the inventory to be purchased. In light of the above, the Board determined that it is in the best interests of the Buyer and the Group to enter into the Termination Agreement, in order to avoid potential liabilities arising from any inability to fulfil the obligations under the Contract and to allow the Group to refocus its resources on alternative business opportunities. The Group also considers it commercially prudent not to continue engaging with potential buyers following the Seller&rsquo s indication of its intention to terminate the Contract. Please Refer To Company' s Full Announcement.... |
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Volmax
Elite |
23-Feb-2026 11:46
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Oceanscape International Official Website Up & Running! http://oceanscape.sg/#four More Good News Coming Soon!
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Volmax
Elite |
30-Dec-2025 07:27
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RESULTS OF EXTRAORDINARY GENERAL MEETING The Board of Directors of OceanScape International Limited wishes to announce that, pursuant to Rule 704(15) of the Listing Manual Section B: Rules of Catalist of the Singapore Exchange Securities Trading Limited, all the resolutions set out in the Notice of Extraordinary General Meeting dated 9 December 2025 were duly passed by shareholders of the Company, by way of poll, at the extraordinary general meeting held on 29 December 2025 at Room 300, Suntec Singapore Convention & Exhibition Centre, 1 Raffles Boulevard, Singapore 039593. Ordinary Resolution 1 - The Proposed Disposal of all the issued ordinary shares in 1Care Global Pte. Ltd. and V2Y Insurtech Pte. Ltd Ordinary Resolution 2 - The Proposed Purchase of Inventory as the first major transaction involving the Renewable Energy Business Ordinary Resolution 3 - The Proposed Entry into an Agreement as the first major transaction involving the Commodities Trading Business Ordinary Resolution 4 - The Proposed Payment of Directors&rsquo Fee of S$191,000 for the financial year ending 31 December 2025 Ordinary Resolution 5 - The Proposed Appointment of Baker Tilly TFW LLP as the Auditor of the Company Ordinary Resolution 6 - The Proposed Adoption of the OceanScape Performance Share Plan 2026 |
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Volmax
Elite |
30-Dec-2025 07:18
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ASSIGNMENT OF OPTION TO PURCHASE PROPERTY The Board wishes to update shareholders that the Company has determined that it is unlikely for the Company to be able to exercise the OTP within the option period, i.e., by 9 January 2026. In view of the foregoing, the Company has decided to assign its rights under the OTP to Mr Lang Jinjun, for Mr Lang Jinjun to proceed with the exercise of the OTP in his personal capacity at his own discretion. Accordingly, the Company will not be proceeding with the Proposed Acquisition. In accordance with the undertaking previously provided to the Company, Mr Lang Jinjun will indemnify the Company for all costs and expenses incurred in connection with the Proposed Acquisition, including but not limited to the Option Fee. |
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Volmax
Elite |
29-Dec-2025 09:00
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CONDENSED INTERIM FINANCIAL STATEMENTS FOR THE 3 MONTHS AND 9 MONTHS ENDED 30 SEPTEMBER 2025 Loss For The Period = 425,000, Total Asset = 1,299,000 In assessing the appropriateness of the going concern assumptions of the Group, the management are of the view that the use of going concern assumption to prepare the financialstatements is appropriate based on the following factors: (a) The Group secured up to S$20 million in financing commitment from its Executive Chairman, comprising S$15 million interest-free loan and S$5 million convertible loan, supporting its going concern. (b) The Group has entered into debt conversion agreements with creditors to reduce debts and cash outflow. (c) The Group had disposed of three (3) loss-making subsidiaries in the food & beverage business segment in Quarter 2, 2025 to curb further loss. (d) The Group is pursuing new business opportunities in renewable energy and commodities trading, which have been approved by Shareholders on 25 Nov 2025. The management believes this strategic diversification is a transformational opportunity designed to de-risk the Group&rsquo s operational profile and establish a robust platform for long-term sustainable growth and enhanced shared value creation for all stakeholders. |
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Volmax
Elite |
12-Dec-2025 13:43
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ENTRY INTO AGREEMENT FOR JOINT BIDDING OF PROJECT The Board of Directors of OceanScape International Limited wishes to announce that the Company has, on 8 December 2025, entered into an agreement with 山 东 海 景 新 能 源 科 技 股 份 有 限 公 司 , Shandong Haijing New Energy Technology Co.,Ltd. and 国 家 能 源 集 团 山 东 电 力 有 限 公 司 , China Energy Group Shandong Electric Power Co., Ltd., to jointly bid for the &ldquo Shandong Province &lsquo 14th Five-Year Plan&rsquo Third Batch of Centralized Onshore Wind Power &ndash Weifang Changyi City No. 1 Wind Power Project. Shandong Haijing New Energy Technology Co.,Ltd. is a high-tech enterprise established in 2012 with a registered capital of RMB 300 million. Its core businesses include new-energy equipment manufacturing, integrated wind&ndash solar&ndash storage power station development, and smart-energy solutions. The group has developed a vertically integrated value chain covering photovoltaic equipment, energy-storage systems, smart wind-turbine equipment, and electrical equipment, and is recognised as a leading clean-energy solutions provider in northern China. Shandong Haijing also develops and operates renewable-energy projects with a self-owned portfolio of approximately 228 MW.
The Joint Venture is an opportunity that originated from Shandong Haijing, which the Company&rsquo s Executive Chairman, Mr Lang Jinjun, is the controlling shareholder of. Mr Lang directly owns 90% of the total issued and paid-up share capital of Shandong Haijing. China Energy Group Shandong Electric Power Co., Ltd. is a key regional unit of China Energy Investment Corporation, one of the world&rsquo s largest integrated energy groups. It is responsible for power production, energy supply assurance, and renewable energy development in Shandong Province. The company operates across thermal power, wind and solar projects, heating, gas turbines and smart-energy services, and has strong capabilities in large-scale project development and integrated energy solutions.
Shareholding (%) Estimated Capital Contribution Shandong Haijing 51% RMB122,400,000 China Energy Shandong 39% RMB93,600,000 OceanScape International Limited 10% RMB24,000,000 In the event where the Company and the Joint Venture Partners are successful in their bid for the Project, the Company will then decide whether to enter into the Proposed Joint Venture. If the Company intends to enter into the Proposed Joint Venture, the Company will assess, inter alia, the applicability of the various provisions of the Catalist Rules, and will convene an extraordinary general meeting to seek shareholders&rsquo approval for the Proposed Joint Venture if necessary.  |
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