bull 13.where do you get your IPO price dude.It is offer RM1.85 on the debut before listing.please get your fact right before making any misleading statement.
wah.. this war bullish vs bearish team so epic.. both don`t want to give up. if i no mistake, next coming few day this counter will fly to the moon.. a lot Doji has been created previous day.. good Luck!
. OTHERS LETTER OF AWARD TO ICON OFFSHORE GROUP SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF ICON OFFSHORE BERHAD, IN RELATION TO THE PROVISION OF ONE (1) UTILITY VESSEL TO HESS EXPLORATION AND PRODUCTION MALAYSIA B.V., FOR THE PETROLEUM ARRANGEMENT CONTRACTORS PRODUCTION OPERATIONS
ICON OFFSHORE BERHAD
Type Announcement Subject OTHERS Description LETTER OF AWARD TO ICON OFFSHORE GROUP SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF ICON OFFSHORE BERHAD, IN RELATION TO THE PROVISION OF ONE (1) UTILITY VESSEL TO HESS EXPLORATION AND PRODUCTION MALAYSIA B.V., FOR THE PETROLEUM ARRANGEMENT CONTRACTORS PRODUCTION OPERATIONS
1.INTRODUCTION
The Board of Directors (“Board”) of Icon Offshore Berhad (“ICON/Company”) is pleased to announce that Icon Offshore Group Sdn. Bhd. (“IOGSB”) has been awarded a contract to provide one (1) utility vessel, to Hess Exploration and Production Malaysia B.V. (“Hess”), for its operations.
2. DETAILS OF THE LETTER OF AWARD
The contract shall commence from the date of the letter of award and shall expire at the end of three (3) years from the vessel’s on hire date with two (2) extension options of one (1) year each (“Long Term Contract”).
3. FINANCIAL EFFECTS ON ICON
The Long Term Contract, valued at approximately RM23.0 million, inclusive of extension period of which such extension is subject to the approval from Hess and/or Petronas Carigali Sdn. Bhd., is expected to contribute positively to the earnings, order book and net assets of ICON for the financial year ending 31 December 2018 and beyond. Notwithstanding this, the Long Term Contract is not expected to have any material effects on the share capital and shareholding structure of ICON.
4. RISKS ASSOCIATED WITH THE LONG TERM CONTRACT
The risks associated with the Long Term Contract are mainly operational risks such as accidents and unexpected breakdown of vessels. In mitigating such risks, ICON carries out routine dry docking inspections, afloat repairs and regular maintenance based on the Company’s comprehensive planned maintenance programme. Together with ICON’s strict health, safety, security and HSSE policy and procedures, ICON is of the view that the likelihood and impact of these risks are considered to be manageable within an acceptable level.
5. DIRECTORS' AND SHAREHOLDERS' INTEREST
None of the Directors, major shareholders of ICON and/or persons connected with the Directors or its major shareholders has any interest, direct or indirect in the Long Term Contract.
6. DIRECTORS' STATEMENT
Our Board is of the opinion that the award and/or acceptance of the Long Term Contract is in the best interest of IOGSB and the holding company, ICON.
Announcement Info Company Name ICON OFFSHORE BERHAD Stock Name ICON Date Announced 22 Jun 2018 Category General Announcement for PLC Reference Number GA1-22062018-00028
"Oil prices rose almost 3% on Friday as OPEC agreed a modest increase in output to compensate for losses in production at a time of rising global demand."
. Oil prices rallied Friday, with U.S. prices jumping nearly 6% for the week, as OPEC members agreed to raise output, but by an amount that appears to be less than traders had anticipated.
Notice of Interest Sub. S-hldr (Section 137 of CA 2016) ICON OFFSHORE BERHAD Particulars of Substantial Securities Holder Name E-CAP (INTERNAL) THREE SDN. BHD. Address Tingkat 7, Bangunan Setia 1 15, Lorong Dungun, Bukit Damansara Kuala Lumpur 50490 Wilayah Persekutuan Malaysia. Company No. 1115557-D Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary Shares Name & address of registered holder Hallmark Odyssey Sdn. Bhd. 43-2, Plaza Damansara, Jalan Medan Setia 1, Bukit Damansara, 50490, Kuala Lumpur Date interest acquired & no of securities acquired Date interest acquired 22 Jan 2018 No of securities 497,768,820 Circumstances by reason of which Securities Holder has interest Becoming a substantial shareholder in Hallmark Odyssey Sdn. Bhd. Nature of interest Indirect Interest
Total no of securities after change Direct (units) Direct (%) Indirect/deemed interest (units) 497,768,820 Indirect/deemed interest (%) 42.285 Date of notice 22 Jan 2018 Date notice received by Listed Issuer 23 Jan 2018
Notice of Person Ceasing (Section 139 of CA 2016) ICON OFFSHORE BERHAD Particulars of Substantial Securities Holder Name E-CAP (INTERNAL) ONE SDN. BHD. Address Tingkat 7, Bangunan Setia 1 15, Lorong Dungun, Bukit Damansara Kuala Lumpur 50490 Wilayah Persekutuan Malaysia. Company No. 894680-M Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary Shares Date of cessation 22 Jan 2018 Name & address of registered holder Hallmark Odyssey Sdn. Bhd 43-2, Plaza Damansara, Jalan Medan Setia 1, Bukit Damansara, 50490, Kuala Lumpur No of securities disposed 497,768,820 Circumstances by reason of which a person ceases to be a substantial shareholder Cessation as a substantial shareholder in Hallmark Odyssey Sdn. Bhd. Nature of interest Indirect Interest
Date of notice 22 Jan 2018 Date notice received by Listed Issuer 23 Jan 2018
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) ICON OFFSHORE BERHAD
Particulars of substantial Securities Holder Name EKUINAS CAPITAL SDN. BHD. Address Tingkat 7, Bangunan Setia 1 15,Lorong Dungun, Bukit Damansara Kuala Lumpur 50490 Wilayah Persekutuan Malaysia. Company No. 876279-W Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary Shares Details of changes No Date of change No of securities Type of Transaction Nature of Interest 1 22 Jan 2018 497,768,820 Transferred Indirect Interest Name of registered holder Hallmark Odyssey Sdn. Bhd. Address of registered holder 43-2, Plaza Damansara, Jalan Medan Setia 1, Bukit Damansara, 50490, Kuala Lumpur Description of "Others" Type of Transaction
Circumstances by reason of which change has occurred Diminution of deemed interest by virtue of Section 8 (4) of the Companies Act, 2016 arising from cessation of E-Cap (Internal) One Sdn. Bhd. as a substantial shareholder in Hallmark Odyssey Sdn. Bhd.
Deemed interest by virtue of Section 8 (4) of the Companies Act, 2016 arising from of E-Cap (Internal) Three Sdn. Bhd. becoming a substantial shareholder in Hallmark Odyssey Sdn. Bhd. Nature of interest Indirect Interest Direct (units) Direct (%) Indirect/deemed interest (units) 501,081,988 Indirect/deemed interest (%) 42.566 Total no of securities after change 501,081,988 Date of notice 22 Jan 2018 Date notice received by Listed Issuer 23 Jan 2018
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) ICON OFFSHORE BERHAD
Particulars of substantial Securities Holder Name YAYASAN EKUITI NASIONAL Address Tingkat 7, Bangunan Setia 1 15, Lorong Dungun, Bukit Damansara Kuala Lumpur 50490 Wilayah Persekutuan Malaysia. Company No. 868262-X Nationality/Country of incorporation Malaysia Descriptions (Class) Ordinary Shares Details of changes No Date of change No of securities Type of Transaction Nature of Interest 1 22 Jan 2018 497,768,820 Transferred Indirect Interest Name of registered holder Hallmark Odyssey Sdn. Bhd. Address of registered holder 43-2, Plaza Damansara, Jalan Medan Setia 1, Bukit Damansara, 50490, Kuala Lumpur Description of "Others" Type of Transaction
Circumstances by reason of which change has occurred Diminution of deemed interest by virtue of Section 8 (4) of the Companies Act, 2016 arising from cessation of E-Cap (Internal) One Sdn. Bhd. as a substantial shareholder in Hallmark Odyssey Sdn. Bhd.
Deemed interest by virtue of Section 8 (4) of the Companies Act, 2016 arising from of E-Cap (Internal) Three Sdn. Bhd. becoming a substantial shareholder in Hallmark Odyssey Sdn. Bhd. Nature of interest Indirect Interest Direct (units) Direct (%) Indirect/deemed interest (units) 501,081,988 Indirect/deemed interest (%) 42.566 Total no of securities after change 501,081,988 Date of notice 22 Jan 2018 Date notice received by Listed Issuer
Share have transferred to new party.Big time happening!!!!
this counter.. waiting counting to fly as BARAKAH. win big project last friday.. once PUSH...1st TP 0.170 resistance. once break the level.will go next TP 0.20.. good luck!
"The Chinese community will return immediately to BN. They want to see BN accept defeat, they do not want us to be in denial. https://www.malaysiakini.com/news/431078
. OTHERS CONDITIONAL LETTER OF AWARD TO ICON OFFSHORE GROUP SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF ICON OFFSHORE BERHAD, IN RELATION TO THE PROVISION OF TWO (2) PLATFORM SUPPLY VESSELS FOR PETROLEUM ARRANGEMENT CONTRACTORS PRODUCTION OPERATIONS ICON OFFSHORE BERHAD
Type Announcement Subject OTHERS Description CONDITIONAL LETTER OF AWARD TO ICON OFFSHORE GROUP SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF ICON OFFSHORE BERHAD, IN RELATION TO THE PROVISION OF TWO (2) PLATFORM SUPPLY VESSELS FOR PETROLEUM ARRANGEMENT CONTRACTORS PRODUCTION OPERATIONS
1. INTRODUCTION
The Board of Directors (“Board”) of Icon Offshore Berhad (“ICON/Company”) is pleased to announce that Icon Offshore Group Sdn. Bhd. (“IOGSB”) has received a conditional award to provide two (2) platform supply vessels to ExxonMobil Exploration and Production Malaysia Inc. (“EMEPMI”), for its production operations and has today received the approval from EMEPMI for the release of the announcement regarding the said award.
2. DETAILS OF THE CONDITIONAL LETTER OF AWARD
The commencement date of the contracts in respect of each vessel shall be the effective date of hire of the vessel as stated in EMEPMI’s issued order, which shall be no later than 1st August 2018, and shall continue for a period as set out in the respective contracts (“Contracts”).
3. FINANCIAL EFFECTS ON ICON
The Contracts, valued together at approximately RM106 million inclusive of the two (2) optional extension periods, are expected to contribute positively to the earnings, order book and net assets of ICON for the financial year ending 31 December 2018 and beyond. Notwithstanding this, the Contracts are not expected to have any material effect on the share capital and shareholding structure of ICON.
4. RISKS ASSOCIATED WITH THE CONTRACTS
The risks associated with the Contracts are mainly operational risks such as accidents and unexpected breakdown of vessels. In mitigating such risks, ICON carries out routine dry docking inspections, afloat repairs and regular maintenance based on the Company’s comprehensive planned maintenance programme. Together with ICON’s strict health, safety, security and HSSE policy and procedures, ICON is of the view that the likelihood and impact of these risks are considered to be manageable within an acceptable level.
5. DIRECTORS' AND SHAREHOLDERS' INTEREST
None of the directors, major shareholders of ICON and/or persons connected with the directors or its major shareholders have any interest, direct or indirect in the Contracts.
6. DIRECTORS' STATEMENT
Our Board is of the opinion that the award of the Contracts to IOGSB is in the best interest of the Company.
Announcement Info Company Name ICON OFFSHORE BERHAD Stock Name ICON Date Announced 28 Jun 2018 Category General Announcement for PLC Reference Number GA1-28062018-00080
. OTHERS AWARD BY OIL AND GAS COMPANIES TO ICON OFFSHORE GROUP SDN. BHD. (IOGSB), A WHOLLY OWNED SUBSIDIARY OF ICON OFFSHORE BERHAD (ICON/COMPANY) FOR THE PROVISION OF OFFSHORE SUPPORT VESSELS ICON OFFSHORE BERHAD
Type Announcement Subject OTHERS Description AWARD BY OIL AND GAS COMPANIES TO ICON OFFSHORE GROUP SDN. BHD. (IOGSB), A WHOLLY OWNED SUBSIDIARY OF ICON OFFSHORE BERHAD (ICON/COMPANY) FOR THE PROVISION OF OFFSHORE SUPPORT VESSELS
1. INTRODUCTION
The Board of Directors of the Company wishes to announce that IOGSB has recently been awarded with contracts to provide offshore support vessels to oil and gas companies (“OG Companies”) to support their production operations in Malaysian waters (“Long Term Contracts”).
2. DETAILS OF THE LETTER OF AWARD
The Long Terms Contracts are for a primary period of three (3) years with an extension option of up to (2) years of one (1) year each. The total value of the Long Term Contracts including the said extension period is RM169 million. The extension options shall only be exercised at the end of the firm period upon approvals obtained from the OG Companies and Petronas Carigali Sdn. Bhd.
3. FINANCIAL EFFECTS ON ICON
The Long Term Contracts are expected to contribute positively to the earnings, order book and net assets of ICON for the financial year ending 31 December 2018 and beyond. Notwithstanding this, the Long Term Contracts are not expected to have any material effects on the share capital and shareholding structure of ICON.
4. RISKS ASSOCIATED WITH THE LONG TERM CONTRACTS
The risks associated with the Long Term Contracts are mainly operational risks such as accidents and unexpected breakdown of vessels. In mitigating such risks, ICON carries out routine dry docking inspections, afloat repairs and regular maintenance based on the Company’s comprehensive planned maintenance programme. Together with ICON’s strict health, safety, security and HSSE policy and procedures, ICON is of the view that the likelihood and impact of these risks are considered to be manageable within an acceptable level.
5. DIRECTORS' AND SHAREHOLDERS' INTEREST
None of the Directors, major shareholders of ICON and/or persons connected with the Directors or its major shareholders has any interest, direct or indirect in the Long Term Contracts.
6. DIRECTORS' STATEMENT
Our Board is of the opinion that the award and/or acceptance of the Long Term Contracts is in the best interest of IOGSB and the holding company, ICON.
Announcement Info Company Name ICON OFFSHORE BERHAD Stock Name ICON Date Announced 28 Jun 2018 Category General Announcement for PLC Reference Number GA1-28062018-00081
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Bull13
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Posted by Bull13 > 2018-06-20 17:13 | Report Abuse
Icon ipo is rm 4.80. Under Khazanah. Will continue to benefit from Petronas contracts.