GENERAL MEETINGS: Outcome of Meeting

LIANSON FLEET GROUP BERHAD

Type of Meeting Extraordinary
Indicator Outcome of Meeting
Date of Meeting 26 Jun 2025
Time 12:00 PM

Venue(s) 
Banquet Hall, Level 1 (Main Lobby),

Kuala Lumpur Golf & Country Club,

60000 Kuala Lumpur,

Wilayah Persekutuan,

Malaysia

Outcome of Meeting 
The Board of Directors of Lianson Fleet Group Berhad (formerly known as Icon Offshore Berhad) ("the Company”) wishes to announce that the resolutions set out in the Notice of the Extraordinary General Meeting ("EGM") dated 11 June 2025 were duly passed at the EGM of the Company held today.

All the resolutions were voted by poll and the results of the poll were validated by TGS TW PLT, the Independent Scrutineer appointed by the Company.

The details of the poll result are set out below.

Voting Results

1. Ordinary Resolution 1

Description 
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 for the settlement of the purchase consideration for the following:

(I)	Proposed Acquisition of Liannex Fleet Pte Ltd; and

(II)	Proposed Acquisition of Yinson Power Marine Sdn Bhd

(Collectively referred to as "Approved Acquisitions")

pursuant to subparagraph 4.08(1)(A) of the Rules on Take-Overs, Mergers and Compulsory Acquisitions issued by Securities Commission Malaysia
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 52 4
No. of Shares 125,528,164 19,604
% of Voted Shares 99.9844 0.0156
Result Accepted

2. Ordinary Resolution 2

Description 
Proposed variation to certain clauses of the Conditional Share Sale and Purchase Agreement dated 22 November 2024 between LFG and Liannex Corporation (S) Pte Ltd and Mr. LHW for the Approved Acquisitions
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 52 4
No. of Shares 125,528,164 19,604
% of Voted Shares 99.9844 0.0156
Result Accepted





Announcement Info

Company Name LIANSON FLEET GROUP BERHAD
Stock Name LFG
Date Announced 26 Jun 2025
Category General Meeting
Reference Number GMA-25062025-00034
Corporate Action ID MY250625MEET0034


Please refer attachment below.

  1. LFG - EGM - Polling Result.pdf