Aw Cheok Huat acquired a 23.20% stake in ICP Ltd. (Catalist:5I4) for SGD 5.4 million on July 11, 2023. Pursuant to transaction, Aw Cheok Huat paid SGD 0.007 cash per share for 773,215,571 shares of ICP. In a related transaction, Aw Cheok Huat made a mandatory conditional offer to acquire remaining shares of ICP Ltd. Stirling Coleman Capital Limited acted as financial advisor of ICP.

Aw Cheok Huat completed the acquisition of a 23.20% stake in ICP Ltd. (Catalist:5I4) on July 11, 2023.