Additional Listing Announcement /Subdivision of Shares

LIANSON FLEET GROUP BERHAD

1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Special Issue
Details of corporate proposal Proposed Acquisition of 49,000 Ordinary Shares in Icon Bahtera (B) Sdn Bhd ("Icon Bahtera"), representing 49% of the issued and paid-up share capital of Icon Bahtera, and 3,011,000 outstanding Redeemable Preference Shares in Icon Bahtera, by Lianson Fleet Group Berhad (formerly known as Icon Offshore Berhad) ("LFG") from Zell Transportation Sdn Bhd for a purchase consideration of RM33.7 million to be wholly satisfied via issuance of 38,295,455 new Ordinary Shares in LFG ("Consideration Shares") at an issue price of RM0.88 per Consideration Share
No. of shares issued under this corporate proposal 38,295,455
Issue price per share Malaysian Ringgit (MYR)   0.8800
Par Value (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 843,727,288
Issued Share Capital Malaysian Ringgit (MYR) 583,592,987.400
Listing Date 16 May 2025

2. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Special Issue
Details of corporate proposal Proposed Acquisition of 450,000 Ordinary Shares in Icon Waja (L) Inc. ("Icon Waja"), representing 15% of the issued share capital of Icon Waja, by Lianson Fleet Group Berhad (formerly known as Icon Offshore Berhad) ("LFG") from Zell Transportation Sdn Bhd for a purchase consideration of RM9.8 million to be wholly satisfied via issuance of 11,136,364 new Ordinary Shares in LFG ("Consideration Shares") at an issue price of RM0.88 per Consideration Share
No. of shares issued under this corporate proposal 11,136,364
Issue price per share Malaysian Ringgit (MYR)   0.8800
Par Value (if applicable)  
Latest issued share capital after the above corporate proposal in the following
Units 854,863,652
Issued Share Capital Malaysian Ringgit (MYR) 593,392,987.720
Listing Date 16 May 2025


Announcement Info

Company Name LIANSON FLEET GROUP BERHAD
Stock Name LFG
Date Announced 15 May 2025
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-14052025-00014