PETALING JAYA: Dolphin International Bhd has announced several strategic initiatives aimed at bolstering its position in the food and beverage (F&B) sector.
The company said it is proposing to undertake a private placement to raise RM2.44mil to support its working capital for the F&B business and trading segment.
Dolphin is also proposing to change its name to Oasis Harvest Corp Bhd
.
“This rebranding aligns with the company’s core business and values, aiming to enhance public confidence and stakeholder engagement,” it said in a statement.
Additionally, Dolphin said it is proposing a variation to the sale and purchase agreement with regards to the acquisition of High Reserve F&B Sdn Bhd for RM36mil, whereby certain payment terms will be varied or waived.
