IPO Factsheet - Ocean Fresh Berhad

Ocean Fresh Berhad is an investment holdings company and through its
subsidiaries, the Group is principally involved in the processing and trading
of frozen seafood products as well as provision of frozen seafood processing
services.

Headquartered in Kuantan, Pahang, the Group’s Processing Facilities
comprises two factories, i.e. Factory A and Factory B, which are located
within the same premises.
Its core business activities are segmented as below:

1. Processing and trading of frozen seafood products

• Process and trade in bulk and sell to local and international
  wholesalers, processing facilities, retailers, importers, F&B service
  providers and walk-in customers.
• Process and trade based on the orders placed by the customers for
  the required volume, type and specifications of frozen seafood
  products.
• The Group earns a margin from the sale of frozen seafood products.
• Sold under its own brand ‘Sea Planet’ unless requested by its
  customers to be packed under their own brand or without brand.

2. Provision of frozen seafood processing services

• Process frozen seafood products based on customers’ requirements in
  terms of volume, type and specifications of the products. Seafood is
  supplied by its customers.
• Customers for this segment include local and international
  wholesalers and processing facilities as well as importers.
• The Group earns a service fee from providing frozen seafood
  processing services.
• Products will be packed based on the customers’ requirements.
• A service fee is earned as an additional stream of income from
  providing frozen seafood processing services.