Kuala Lumpur, March 10 – ICON Offshore Bhd announced that Icon Bahtera (B) Sdn Bhd, an indirect wholly-owned subsidiary of ICON and Zell Transportation Sdn Bhd, has secured another long-term contract. This contract is to charter an accommodation workboat (AWB) namely Icon Valiant to SPHI Marine Sdn Bhd, a company operating in Brunei.
The value of the contract is RM72, 062, 340 and commenced on March 1 for a period of three years with an option for an extension period of up to two years, of which, the extension(s) shall be on a yearly basis.
Kuala Lumpur, March 9 – Iskandar Waterfront Holdings Sdn Bhd (IWH) yesterday announced a proposed one for one merger offer to take up the remaining 61.7% equity in Iskandar Waterfront City Berhad (IWC).
Subject to approval from the authorities and shareholders, upon completion of the proposed merger, IWH will assume the listing status of IWC on the Main Board of Bursa Malaysia Securities Bhd, which will see the establishment of one of the largest listed strategic master property developers on Bursa Malaysia.
Bangkok, Thailand, March 9 – GHL (Thailand) Co. Ltd; a wholly owned subsidiary of GHL Systems Bhd has yesterday signed an agreement with CIMB Thai Bank Limited (CIMB Thai) to jointly provide card payment services in Thailand.
This tie-up seeks to offer card payment acceptance services to CIMB Thai’s corporate clients involved in the retail as well as services segment.