Icon raises RM945mil, largest IPO so far this year


PETALING JAYA: Icon Offshore Bhd, whose listing exercise came under scrutiny, turned the tables on its sceptics by raising RM944.9mil to pave the way for its listing on the Main Market.

The amount raised is the top end of the guidance provided by the company which is majority owned by Ekuiti Nasional Bhd.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Business , Icon Offshore

   

Next In Business News

Mr DIY Indonesian business plans IPO to raise up to US$297mil
China's NEV market in a league of its own
Singapore Oct core inflation at 2.1% y/y, lowest in almost 3 years
TMK Chemicals aims to raise RM385mil from Main Market IPO
Malaysia's September LI up 1.8%, shows continued economic growth - DoSM
CBH Engineering inks underwriting deal with Mercury Securities
ACE Market-bound Topvision aims to raise RM17.89mil from public offering
FBM KLCI jumps 15 points as banks rally ahead of results
World Bank Group appoints Judith Green as country manager for Malaysia
Bank Pembangunan, Aim Concept ink RM75mil facility for Penang General Hospital

Others Also Read