PETALING JAYA: Analysts have given higher valuations for Icon Offshore Bhd
and Boustead Plantations Bhd, which are scheduled for listing on Bursa Malaysia’s main market on June 25 and June 26 respectively.
Publicinvest Research, in an initial public offering (IPO) note yesterday, said it was valuing Icon Offshore at RM2.01, given the company’s solid orderbook and outlook for the offshore support vessel (OSV) market.
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