Oiltek International Limited said on Sep, 28 2026 that it has submitted an application 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 company, whose shares will remain primarily listed on the Singapore Exchange, plans to pair the listing with a public offering in Malaysia. The Proposed Offering will include a public issue of new shares for Malaysian investors and a private placement of both new and existing shares to Bumiputera investors approved by the Ministry of Investment, Trade and Industry. Final details of the size, structure and pricing will be announced later.
The secondary listing and offering are subject to approvals from the Securities Commission Malaysia, Bursa Malaysia, Bank Negara Malaysia, MITI and other authorities. Once these approvals are obtained, Oiltek will call an extraordinary general meeting to seek shareholder consent for amendments to its constitution, a bonus share issue to boost liquidity and the issuance of new shares under the public offering.
Oiltek stated it will provide further updates as the process advances and cautioned investors that there is no certainty the secondary listing will proceed.