ICON Offshore locks in cornerstones

Malaysian offshore supply vessel operator will offer investors exposure to the exploration and production activities of Petronas.

ICON Offshore locks in cornerstones

ICON Offshore Berhad has locked in nine cornerstone investors ahead of the roadshow for its initial public offering of shares, which is scheduled to kick-off on Monday.

AIA Berhad, Hwang Investment Management Berhad, JF Asset Management, Lembaga Tabung Haji, Maybank Asset Management, Nomura Asset Management, Permodalan Nasional Berhad, Tan Sri Dato Chua Ma Yu and UOB Asset Management have pledged to buy up a combined 275 million shares, more than half of the shares on...

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