KUALA LUMPUR: Offshore support vessel (OSV) provider Icon Offshore Bhd
aims to raise about RM450mil from its initial public offering (IPO), targeted for next year, to finance its fleet expansion in the next two years.
Chief executive officer Dr Jamal Yusof said that with the proceeds from the listing, the company planned to build three to five vessels to grow its business overseas, apart from paying off its debts and for working capital needs.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
