ICON OFFSHORE BERHAD

KLSE (MYR): ICON (5255)

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Last Price

0.76

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


11 people like this.

12,018 comment(s). Last comment by Jonathan Keung 1 week ago

goodgain

169 posts

Posted by goodgain > 2 weeks ago | Report Abuse

LY Hoh,

Depend on their intention. Normally those offering MGO at lower than market price, the intention is to get rejection from shareholders so they can retain the listing status. The MGO is compulsory by law, for those company taking over more than certain threshold of a listing entity. If the new owner intent to retain the listing status, they will normally offer lower than market price so the MGO will fail.

J3ffery

1 posts

Posted by J3ffery > 2 weeks ago | Report Abuse

Hi,
I,m new in trading. Quick check, is it safe to continue hold ICON Share?

Posted by WarrenBuffet8888 > 1 week ago | Report Abuse

Yes, it will fly above 2.00 , check who is the new owner and the market cap of the owner

5354_

4,603 posts

Posted by 5354_ > 1 week ago | Report Abuse

>RM 2 like Yinson?

5354_

4,603 posts

Posted by 5354_ > 1 week ago | Report Abuse

5 sen dividend if maintain still good to hold.

LY Hoh

9 posts

Posted by LY Hoh > 1 week ago | Report Abuse

@Goodgain
Thanks for the information and hope Icon price can move on better.

limch

2,955 posts

Posted by limch > 1 week ago | Report Abuse

Interpacific Securities S/B said Lim Han Weng offer to buy Icon 63.5 sen and W at RM 0.001 is not fair and not reasonable so we must reject.
https://www.klsescreener.com/v2/announcements/view/6878657

limch

2,955 posts

Posted by limch > 1 week ago | Report Abuse

RM 1 Icon only can accept?

Posted by Jonathan Keung > 1 week ago | Report Abuse

Yinsoon boss knows it. Just offer a price to the minorities based on what's needed by the SC and Bursa. Slowly pushing it unnoticed and later inject it with liannex marine logistic assets.

Posted by Nasir Razak > 1 week ago | Report Abuse

Can someone educate me how to reject the offer?

Posted by maggigoreng > 1 week ago | Report Abuse

just disregard it, non acceptance amounts to rejection

5354_

4,603 posts

Posted by 5354_ > 1 week ago | Report Abuse

Yinson boss a billionaire so buy Icon can make millions?

Posted by Jonathan Keung > 1 week ago | Report Abuse

Do nothing. Offer without any acceptance from you means nothing or non binding

DickyMe

14,375 posts

Posted by DickyMe > 1 week ago | Report Abuse

When become majority share holder, privatise and offer 10 sen, like KBUNAI?

limch

2,955 posts

Posted by limch > 1 week ago | Report Abuse

Why DickyMe so many prediction on Icon? Nothing seem to materialize he realise?

Posted by IconForever > 1 week ago | Report Abuse

New high pls come in May 24? 90 sen no more a dream?

Plantermen

2,114 posts

Posted by Plantermen > 1 week ago | Report Abuse

Yinson boss {Lim} is a season businessmen with an excellent track record. Paying MYR 173 million to Ekuinas for the 50.2% stake in Icon {using Liannex as his investment arm} maybe just the beginning. Liannex, Yinson and Icon all have their niche in marine logistics and engineering. We cannot rule out possibilities of injection of certain assets and business into Icon. Afterall triggering the Go, getting the requlatory approval and all the nitty gritty from the authorities is exactly not a walk in the park. Certainly Yinson boss{Lim} have plans for Icon. You don't paid 174 million just for the sake to acquire a company. Something big must be brewing in his mind

Posted by Jonathan Keung > 1 week ago | Report Abuse

Ignored those silly & mindless postings on Icon without any facts.

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