Icon Offshore secures four key agreements to drive portfolio growth and expansion

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The story "Icon Offshore secures four key agreements to drive portfolio growth and expansion" was covered 5 hours ago by The Star, a news publisher based in Malaysia.

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The Star 5h ago

Icon Offshore secures four key agreements to drive portfolio growth and expansion - The Star

Quick Summary:

KUALA LUMPUR: Offshore support vessel (OSV) company Icon Offshore Bhd has signed four conditional share sale and purchase agreements (SSPAs) with various vendors for proposed acquisitions.

The proposed acquisitions involve Icon purchasing a specified number of shares in the respective target companies for a total purchase amount of RM429.1 million.

In its filing with Bursa Malaysia today, Icon said that the first agreement involves acquiring 100 ordinary shares in Liannex Fleet Pte Ltd from Liannex Corp (S) Pte Ltd for RM182 million.