KUALA LUMPUR: Icon Offshore Bhd
, whose ships offer support services to oil platforms, has raised RM945mil (US$294.81mil) in a share sale priced at the top of expectations, according to two people with direct knowledge of the deal.
Icon, part of the government-linked private-equity fund Ekuiti Nasional (Ekuinas), priced the initial public offering (IPO) at RM1.85 per share. That compared with an indicative price range of RM1.80 to RM1.85.
