NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : COMBINATION OF NEW ISSUE OF SECURITIES LIANSON FLEET GROUP BERHAD (FORMERLY KNOWN AS ICON OFFSHORE BERHAD) ("LFG" OR "COMPANY") (I) PROPOSED BONUS ISSUE OF WARRANTS; AND (II) PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE SCHEME (COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

LIANSON FLEET GROUP BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
COMBINATION OF NEW ISSUE OF SECURITIES
Description 
LIANSON FLEET GROUP BERHAD (FORMERLY KNOWN AS ICON OFFSHORE BERHAD) ("LFG" OR "COMPANY")

(I)	PROPOSED BONUS ISSUE OF WARRANTS; AND
(II)	PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE SCHEME

(COLLECTIVELY REFERRED TO AS THE "PROPOSALS")

On behalf of the Board of Directors of LFG (“Board”), AmInvestment Bank Berhad (“AmInvestment Bank”) wishes to announce that the Company proposes to undertake the following:

(i) a bonus issue of warrants in LFG (“Warrants B”) on the basis of 1 Warrant B for every 10 existing ordinary shares in the Company (“LFG Shares” or “Shares”) held by the entitled shareholders whose names appear in the Record of Depositors of the Company as at the close of business (“Entitled Shareholders”) on an entitlement date to be determined and announced later (“Entitlement Date”) (“Proposed Bonus Issue of Warrants”); and

(ii) a proposed establishment of an employees’ share scheme (“ESS” or “Scheme”) of up to 10% of the total number of issued shares of LFG (excluding treasury shares, if any) at any point in time during the duration of the Scheme for Executive Directors (excluding non-executive Directors) and employees of LFG and its subsidiaries (“LFG Group” or “Group”) (excluding dormant subsidiaries) (“Proposed ESS”);

Please refer to the attached file for further details of the Proposals.

This announcement is dated 24 October 2025.



Announcement Info

Company Name LIANSON FLEET GROUP BERHAD
Stock Name LFG
Date Announced 24 Oct 2025
Category General Announcement for PLC
Reference Number GA1-23102025-00019