At the last Fifty-Eighth Annual General Meeting ("AGM") of OCB Berhad ("OCB" or "the Company") on 23 May 2017, OCB had obtained renewal of authority from its shareholders to purchase the Company's own shares of up to 10% of the total number of issued shares in the Company ("Share Buy-Back"). The aforesaid authority will expire at the conclusion of the forthcoming Fifty-Ninth AGM of the Company to be convened.

Accordingly, the Board of Directors of OCB intends to seek shareholders' approval for the renewal of authority for the Share Buy-Back ("Proposal") at the forthcoming Fifty-Ninth AGM of the Company.

The Share Buy-Back Statement to shareholders containing information on the Proposal will be despatched to shareholders of the Company in due course.


This announcement is dated 5 April 2018.