Icon Offshore gets nod for acquisitions


PETALING JAYA: Icon Offshore Bhd has received shareholder approval for the proposed acquisitions and name change to Lianson Fleet Group Bhd.

In a statement yesterday, the offshore support vessel provider said it had proposed to acquire equity stakes in Liannex Fleet Pte Ltd, Yinson Power Marine Sdn Bhd, Regulus Offshore Sdn Bhd and Yinson Camellia Sdn Bhd along with the consolidation of its ownership in Icon Bahtera (B) Sdn Bhd and Icon Waja (L) Inc for a total consideration of RM403.5mil.

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Icon Offshore , Lianson Fleet Group

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