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OEL (Holdings)
M&A
OEL acquires 70% stake in Quest Asia for $450,000
Upon the completion of the acquisition, OEL’s NTA per share will rise to 0.17 cents from 0.13 cents previously.
June 18, 2023
Company in the news
OEL obtains $1.4 mil loan from chairman
On Feb 28, OEL announced that its net loss for FY2022 ended Dec 31 2022 widened by 150.9% over FY2021 to $4.24 million.
April 02, 2023
Contracts
OEL's subsidiary awarded contract to supply portable ultrasound machine with government organisations
The master agreement will last from Dec 23, 2022, to Dec 22, 2025 with an option for a two-year extension.
January 03, 2023