Maybank IB ends stabilising action for Icon Offshore

KUALA LUMPUR: Maybank Investment Bank Bhd (Maybank IB) has ceased to be the stabilising manager for Icon Offshore Bhd's shares with effect from Thursday.

Maybank IB, the stabilising manager for the listing of Icon Offshore's shares on the Main Market of Bursa Malaysia Securities, said it had bought 43.67 million shares during the stabilising period between June 25 and July 24.