| Subject |
Lianson Fleet Group Berhad ("LFG") (formerly known as Icon Offshore Berhad) - Circular to Shareholders in relation to
(I) Proposed variation (as defined in this Circular); and
(II) Proposed exemption to Mr. Lim Han Weng ("Mr. LHW") and persons acting in concert with him from the obligation to undertake a Mandatory Take-Over Offer for all the remaining Ordinary Shares in LFG and Warrants 2020/2028 issued by LFG not already owned by them after the issuance and allotment of 227,272,727 new Ordinary Shares in LFG ("LFG Shares") at an issue price of RM0.88 per LFG Share as settlement of the purchase consideration for the Approved Acquisitions (as defined in this Circular) pursuant to subparagraph 4.08(1)(A) of the Rules on Take-Overs, Mergers and Compulsory Acquisitions issued by Securities Commission Malaysia |