Saham: KLSE-DOLPHIN - PT. Dolphin International Berhad

Oasis Harvest Corporation Berhad 获股东批准出售资产及推进业务扩展计划

Oasis Harvest Corporation Berhad（KLSE: OASIS，前称 Dolphin International Berhad）在 2025 年 3 月 26 日召开的特别股东大会（EGM）中成功获得股东批准，同意出售一项非核心资产。这项资产位于雪兰莪州八打灵县（Mukim Petaling），包括一座三层独立厂房、一座附属的三层办公室及一个警卫室，并以 1,650 万令吉的价格出售给 Crest Systems（M）有限公司。这一批准标志着 OASIS 在推动业务重组、优化资产配置以及专注于核心食品与饮料（F&B）业务方面迈出了关键的一步。

预计此次资产出售将在 2025 年第二季度完成，符合 OASIS 通过剥离非核心资产来释放资金，并将资本重新配置到更具增长潜力业务的整体战略目标。此次出售所得款项将用于偿还 650 万令吉的银行贷款，拨出 400 万令吉用于 F&B 业务的市场推广和活动，同时为营运资金注入 570 万令吉。这一资金重新分配措施有望增强公司的财务灵活性，提高流动性，并提升运营效率。

出售该资产的理由清晰且具有深远的战略意义。该工业资产原用于设计和开发棕榈油行业的制浆系统，但自 2015 年起已处于闲置状态，未再为公司带来任何收入。通过出售该资产，OASIS不仅可以剥离一个未充分利用的资产，还可减少相关的维护成本和财务负担。这一举措将使 OHC 能够集中资源，专注于增长迅速的 F&B 业务，这已成为公司当前最具潜力的收入来源。

OASIS 的 F&B 业务，以 Uncle Don’s 和 Verona Trattoria 为代表，已在市场上占据重要地位。Uncle Don’s 在巴生谷地区拥有超过 20 家分店，以高性价比的餐饮体验吸引了大量忠实顾客。而位于八打灵再也的 Verona Trattoria 则专注于提供正宗的意大利美食，并搭配精选的法国和阿根廷葡萄酒，满足更高端的客户需求。这些品牌在推动 OASIS 收入增长方面发挥了重要作用，使其在马来西亚 F&B 行业中占据了一席之地。

此次资产出售恰逢马来西亚 F&B 行业持续增长之际。预计该行业在 2024 年增长 5.8%，并将在 2025 年进一步加速至 6.2%。这种增长主要得益于游客数量的增加、家庭消费支出的上升，以及会议、奖励旅游、会议和展览（MICE）等商务活动的蓬勃发展。凭借成熟的品牌组合和明确的增长战略，OHC 具备了抓住这些有利市场条件的良好优势。

除了现有的 F&B 业务之外，OASIS 还在积极探索其他高增长领域的机会，包括旅游、休闲与酒店业、会展活动以及高端生活方式商品零售等。这种多元化的发展策略旨在打造更具韧性的业务模式，使公司能够有效应对市场波动，并在多个领域抓住新兴的增长机会。

随着 OASIS 继续推进其战略计划，本次 EGM 的成功召开和资产出售的顺利推进，标志着公司迈入了增长与转型的新阶段。凭借对核心优势的专注以及对卓越运营的承诺，OASIS 已经做好准备，在未来的商业环境中迎接挑战，并成为马来西亚企业界更具韧性的行业领导者。

$DOLPHIN / 5265 (DOLPHIN INTERNATIONAL BERHAD)

What does Oasis Harvest Corporation’s EGM outcome tell us as an investor?

Oasis Harvest Corporation Berhad (KLSE: OASIS), formerly known as Dolphin International Berhad, has successfully obtained shareholder approval for the disposal of a non-core asset during its Extraordinary General Meeting (EGM) held on 26 March 2025.

The shareholders voted in favour of the proposal to sell a parcel of industrial land in Mukim Petaling, Selangor, which includes a three-storey detached factory, an annexed three-storey office, and a guardhouse, to Crest Systems (M) Sdn Bhd for RM16.5 million. This approval marks a key step in Oasis Harvest’s ongoing strategy to streamline operations and focus on its core business in the food and beverage (F&B) sector.

The disposal, which is expected to be completed by the second quarter of 2025, aligns with Oasis Harvest’s broader objective of unlocking value from non-core assets and redeploying capital towards growth initiatives that are more aligned with its long-term strategy. The proceeds from the disposal will be used to repay bank borrowings amounting to RM6.5 million, allocate RM4 million towards marketing and promotional activities for its F&B outlets, and inject RM5.7 million into working capital.

The rationale for the disposal was clear and compelling. The industrial property, which was initially utilised for the design and development of milling systems for the palm oil industry, has remained vacant and non-revenue-generating since 2015. By divesting this property, Oasis Harvest is not only eliminating an underutilised asset but also reducing the burden of associated maintenance costs and financial liabilities. The disposal will allow Oasis Harvest to focus its efforts on its thriving F&B segment, which has emerged as a key driver of the company’s revenue and growth.

Oasis Harvest’s F&B ventures, led by Uncle Don’s and Verona Trattoria, have established a strong foothold in the market. Uncle Don’s, with over 20 outlets across the Klang Valley, has become synonymous with affordable yet high-quality dining experiences. Verona Trattoria, located in Petaling Jaya, offers authentic Italian cuisine paired with an exclusive selection of French and Argentinian wines, catering to a more refined clientele. These brands have contributed significantly to Oasis Harvest’s revenue growth and have positioned the company as a formidable player in Malaysia’s F&B industry.

The disposal also comes at a time when Malaysia’s F&B industry is poised for continued growth. The sector is forecast to expand by 5.8% in 2024 and accelerate to 6.2% in 2025, driven by a rise in tourist arrivals, increased household spending, and vibrant business-related activities such as meetings, incentives, conferences, and exhibitions (MICE). With a strong portfolio of brands and a clear growth strategy, OASIS HARVEST is well-positioned to capitalise on these favourable market conditions.

Beyond its current F&B ventures, Oasis Harvest is actively exploring opportunities to diversify its business into other high-growth sectors, including travel, leisure and hospitality, events and exhibitions, and the retailing of premium lifestyle goods. This multifaceted approach is designed to create a more diversified and resilient business model, enabling the company to mitigate risks and capitalise on emerging opportunities in various sectors.

As Oasis Harvest moves forward with the implementation of its strategic plans, the successful conclusion of the EGM and the approval of the disposal signal a new phase of growth and transformation for the company. With a clear focus on its core strengths and a commitment to operational excellence, Oasis Harvest is well-positioned to navigate the challenges ahead and emerge as a stronger and more resilient player in the Malaysian corporate landscape.

$DOLPHIN / 5265 (DOLPHIN INTERNATIONAL BERHAD)

Price Volume Analysis for OASIS Harvest Corporation (KLSE: OASIS)

The recent price action of Oasis Harvest Corporation Berhad (KLSE: OASIS) suggests a resurgence in buying interest, evidenced by today’s notable price spike of 9.09% accompanied by increased trading volume. This indicates a potential shift in sentiment, with traders showing renewed confidence in the stock. Currently, the stock remains within a sideways trading range, with immediate resistance observed around RM0.20 to RM0.22, while support is established at RM0.15. A breakout beyond these levels could provide clearer directional cues for investors.

From a technical perspective, the Bollinger Bands indicate growing volatility, as the price is currently testing the middle band. If the price sustains above this level, it may push towards the upper band, signifying further bullish momentum.

The lower portion of the chart, which reflects momentum indicators, shows a shift towards buying pressure, as indicated by the increased red and pink bars. This suggests that market participants are beginning to accumulate positions, which aligns with the price movement observed today. If this momentum sustains, the stock could challenge the resistance levels of RM0.20 and potentially RM0.22.

A break above RM0.22 would indicate a stronger bullish trend, paving the way for further upside towards RM0.24. However, if buying interest diminishes, the price may consolidate or retrace towards the support range of RM0.16 to RM0.17.

In the short term, the stock maintains a bullish bias, contingent on continued buying interest. A firm close above RM0.20 would confirm bullish continuation, while failure to sustain above RM0.17 could see a retest of the RM0.15 support level. Traders should monitor upcoming price action and volume to gauge whether the current upward movement is supported by sustained demand or if it is merely a short-term spike.

$DOLPHIN / 5265 (DOLPHIN INTERNATIONAL BERHAD)

Oasis Harvest Corporation Expands into Travel and Hospitality Sectors

Oasis Harvest Corporation Berhad, formerly known as Dolphin International Berhad, has officially reclassified under Bursa Malaysia's Consumer Products & Services sector, specifically within the Travel, Leisure & Hospitality sub-sector.

This change, effective from January 13, 2025, marks a significant shift in the company's business strategy.

Previously focused on the palm oil milling machinery sector, Oasis Harvest has diversified its operations to include food and beverage (F&B) services. The company currently operates two main F&B brands, namely Uncle Don and an Italian restaurant brand named as Verona.

These brands contribute monthly revenues between RM700,000 to RM800,000, with profit margins ranging from 10% to 15%.

With the reclassification, Oasis Harvest aims to build an integrated ecosystem that connects F&B with travel, leisure, and hospitality services. The company is actively exploring acquisitions of complementary brands and assets to expand its market presence.

Additionally, Oasis Harvest is considering innovative operational models, such as cloud kitchens, to enhance efficiency and reduce costs.

By diversifying its services, Oasis Harvest seeks to enhance customer experiences and strengthen its position in Malaysia's consumer-driven economy, making it an interesting investment for investors to look at.

$DOLPHIN / 5265 (DOLPHIN INTERNATIONAL BERHAD)

Dolphin International changes name to Oasis Harvest

KUALA LUMPUR: Dolphin International Bhd has changed its name to Oasis Harvest Corp Bhd, with the change taking effect at 9 am on Oct 17.

Change in Boardroom - MR YEO BOON THAI [DOLPHIN]

Change in Boardroom - MR YEO BOON THAI

OTHERS [DOLPHIN]

OTHERSDOLPHIN INTERNATIONAL BERHAD ("DOLPHIN" OR "THE COMPANY")
-OUTCOME OF THE APPLICATION FOR EXTENSION OF TIME TO HOLD THE 2025 ANNUAL GENERAL MEETING PURSUANT TO SECTION 340 OF THE COMPANIES ACT, 2016

OTHERS [DOLPHIN]

OTHERSDOLPHIN INTERNATIONAL BERHAD ("DOLPHIN" OR "THE COMPANY")
- APPLICATION FOR EXTENSION OF TIME TO HOLD THE 2025 ANNUAL GENERAL MEETING PURSUANT TO SECTION 340 OF THE COMPANIES ACT, 2016