ICON Offshore prices at top end of range

Malaysia’s largest pure-play offshore supply vessel operator’s institutional book was 15 times oversubscribed, with investors keen on the sector.

ICON Offshore Berhad has raised M$944.9 million ($295 million) after pricing its initial public offering at the top end of its M$1.80 to M$1.85 per share range, making it the largest Malaysian IPO this year.

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