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 100 Ordinary Shares in Liannex Fleet Pte Ltd ("Liannex Fleet"), representing 100% of the issued and paid-up share capital of Liannex Fleet, by Lianson Fleet Group Berhad (formerly known as Icon Offshore Berhad) ("LFG") from Liannex Corporation (S) Pte Ltd for a purchase consideration of RM182.0 million, to be wholly satisfied via issuance of 206,818,182 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 206,818,182
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 1,061,681,834
Issued Share Capital Malaysian Ringgit (MYR) 775,392,988.000
Listing Date 21 Jul 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 5,324,400 Ordinary Shares in Yinson Power Marine Sdn Bhd ("Yinson Power Marine"), representing 51% of the issued share capital of Yinson Power Marine, by Lianson Fleet Group Berhad (formerly known as Icon Offshore Berhad) ("LFG") from Mr Lim Han Weng for a purchase consideration of RM18.0 million to be wholly satisfied via issuance of 20,454,545 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 20,454,545
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 1,082,136,379
Issued Share Capital Malaysian Ringgit (MYR) 793,392,988.000
Listing Date 21 Jul 2025


Announcement Info

Company Name LIANSON FLEET GROUP BERHAD
Stock Name LFG
Date Announced 18 Jul 2025
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-17072025-00004