Utilisation of Proceeds

Full Turnkey Solutions for Telecom Client.

Utilisation of Proceeds

Based on the Issue Price, a total gross proceeds of RM27.00 million will be raised from our Public Issue. The proceeds shall accrue entirely to our Company who will bear all expenses relating to the Listing and are intended to be utilised in the following manner:

Purposes RM'000 % Estimated Time Frame For Use
Capital expenditure 9,900 36.67 Within 2 years
Operating expenditure 9,700 35.92 Within 1 year
Working capital 5,400 20.00 Within 2 years
Estimated listing expenses 2,000 7.41 Upon Listing
Total gross proceeds 27,000 100.00 -
       
       

Note

* Please read this section in conjunction with OCK Group Berhad's Prospectus dated 29 June 2012.