Ekuinas divests 50.2% stake in Icon for RM172.7mil

[ KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas), via its special purpose vehicle, has divested a 50.2 per cent equity stake in Icon Offshore Bhd to Liannex Maritime Sdn Bhd for RM172.7 million. This will consequently result in a mandatory takeover offer, Ekuinas said in a statement. Ekuinas said that following a debt restructuring exercise in … Read more