Kuala Lumpur, 15 May 2026 – Lianson Fleet Group Berhad is moving into a new maritime growth segment through the proposed acquisition of MT High Tide, marking the group’s first entry into the chemical tanker market as it seeks to diversify beyond its established offshore support vessel and marine transportation base.
The acquisition will be undertaken by Nusantara Maritime Sdn Bhd, LFG’s 45%-owned joint venture entity, which has entered into a memorandum of agreement to acquire the medium range chemical tanker for a total cash consideration of US$28.5 million, equivalent to approximately RM111.85 million. Barring unforeseen circumstances, the proposed acquisition is expected to be completed by October 2026.
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