Oiltek International Limited has submitted an application on Sep, 25 2026 to the Securities Commission Malaysia for a proposed secondary listing of its entire share capital on the Main Market of Bursa Malaysia Securities Berhad.

The move will be accompanied by a Malaysian public offering that includes a public issue of new shares—open to Malaysian investors and Bumiputera investors approved by the Ministry of Investment, Trade and Industry (MITI)—and an offer for sale of existing shares via private placement. Details on the offering size, structure and pricing will be announced later.

Oiltek’s shares will remain primarily listed on the Singapore Exchange Mainboard. The secondary listing and related offering are contingent on approvals from the Securities Commission Malaysia, Bursa Malaysia, Bank Negara Malaysia, MITI and other regulators.

Subject to these approvals, the company intends to convene an extraordinary general meeting to seek shareholder consent for amendments to its constitution, a bonus share issue to enhance liquidity and the issuance of new shares for the Malaysian public issue.

The board cautioned that there is no certainty the proposed secondary listing will proceed and advised investors to exercise caution when dealing in its shares.