Icon Offshore plunges 21% as IPO lock-up expires

  • 7 years ago
Icon Offshore Bhd plunged as much as 20 sen or 21 percent on speculation major shareholders sold the shares upon expiry of the company's Initial Public Offering (IPO) lock-up period.

Marine vessel provider icon fell to a low of 77.5 sen before reducing losses icon settled at 78 sen with some 32 million shares done.

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