Dolphin unveils initiatives to bolster position in F&B sector

These initiatives include a proposed variation to the sale and purchase agreement (SSA), a proposed private placement, and a proposed change of the company’s name to Oasis Harvest Corporation Bhd.

Dolphin, through its wholly owned subsidiary Asia Poly Food and Beverage Sdn Bhd, has entered into a proposed variation to the SSA with Datuk Yeo Boon Leong, Yeo Boon Thai, Yeo Boon Ho, and Yeo Soon Bee (collectively, the Vendors). This variation pertains to the acquisition of the entire equity interest in High Reserve F&B Sdn Bhd for RM36 million, where certain payment terms will be varied or waived.