| Circumstances by reason of which change has occurred |
Issuance of new shares by Lianson Fleet Group Berhad (formerly known as Icon Offshore Berhad) ("LFG") to Liannex Corporation (S) Pte Ltd arising from the acquisition of 100% ordinary shares in Liannex Fleet Pte Ltd by LFG from Liannex Corporation (S) Pte Ltd. |