UMWOG buy Icon is a bailout to save Equinas. Typical "u scratch my back, i scratch your back". In the O&G maritime industry, EA & Alam are far better than Icon, yet UMWOG bought the worst - Icon. Just because Icon had govt linked company Equinas as major shareholder.
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Posted by Risk Rider > 2017-02-27 22:49 | Report Abuse
Good sharing, lousy UMW