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.

Posted by Bullcoming > 2018-06-20 18:38 | Report Abuse

I m in favour ICON, believe will fly again soon, coz of Crude oil in USD 75 plus, oil n Gas related counter is getting batter shape now.

Posted by Bullcoming > 2018-06-20 18:41 | Report Abuse

Lowest point is 0.09 moving forward 0.12, believe will continue moving in very near future.

Posted by Solomon7 > 2018-06-20 19:10 | Report Abuse

Standby

Posted by PH_now > 2018-06-20 20:01 | Report Abuse

Sidek Hassan needs to read the signs, and go
https://www.themalaysianinsight.com/s/55612

Posted by BigDaddyCool > 2018-06-21 08:08 | Report Abuse

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.

Posted by snwong13 > 2018-06-22 06:23 | Report Abuse

.
MOF helped up TRX
Soon they will turn around ICON.
Consolidations with our O&G partners, possible?
Be patient, our turn will come!
Good Luck!!

Posted by Spyron_09 > 2018-06-22 08:56 | Report Abuse

agree...
related to their team also.
be patient..
now lowest price..buy more and keep..
good luck!

Posted by Peter Ng > 2018-06-22 11:52 | Report Abuse

Ya can buy n keep so low ..

Posted by Bullcoming > 2018-06-22 13:23 | Report Abuse

Yes, is low & not goreng yet, good to buy & keep, NTA is at 0.42. Target by buyers from Oil & Gas company.

Posted by Spyron_09 > 2018-06-22 17:05 | Report Abuse

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!

Posted by snwong13 > 2018-06-22 17:57 | Report Abuse

.
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

Posted by Bullcoming > 2018-06-22 18:19 | Report Abuse

More Contracts will be coming, yahoo

Posted by mikeann > 2018-06-22 21:29 | Report Abuse

Contracts obtained. Rebounding next week. First resistance at 0.16.

Posted by snwong13 > 2018-06-22 22:12 | Report Abuse

.
More Merits flowing in...

"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."

Read more at:

https://economictimes.indiatimes.com/markets/commodities/news/oil-prices-rise-on-uncertainty-ahead-of-opec-meeting/articleshow/64690934.cms

Posted by Peter Ng > 2018-06-22 22:35 | Report Abuse

Up up up

Posted by pakatan_harapan2 > 2018-06-23 05:32 | Report Abuse

Icon Offshore bags RM23m contract to supply vessel
http://www.theedgemarkets.com/article/icon-offshore-bags-rm23m-contract-supply-vessel

Posted by snwong13 > 2018-06-23 09:28 | Report Abuse

.
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.

https://www.marketwatch.com/story/oil-prices-climb-amid-signs-of-strain-ahead-of-opec-meeting-2018-06-22

Posted by BigDaddyCool > 2018-06-24 07:56 | Report Abuse

Gap up tomorrow.mid term TP 0.50

Posted by BigDaddyCool > 2018-06-24 19:28 | Report Abuse

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!!!!

Posted by BigDaddyCool > 2018-06-24 20:18 | Report Abuse

http://www.investing.com/news/commodities-news/crude-oil-prices--weekly-outlook-june-25--29-1505006

Posted by BigDaddyCool > 2018-06-24 20:19 | Report Abuse

http://www.investing.com/news/commodities-news/crude-oil-prices--weekly-outlook-june-25--29-1505006

Posted by BigDaddyCool > 2018-06-24 20:21 | Report Abuse

USD 80 soon

Posted by Bullcoming > 2018-06-24 21:03 | Report Abuse

Sailang now or never, since the price still low & not goreng yet.

Posted by apolloang > 2018-06-24 21:04 | Report Abuse

can become like perisai?

Posted by Spyron_09 > 2018-06-24 21:08 | Report Abuse

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!

Posted by apolloang > 2018-06-24 21:14 | Report Abuse

this counter is ekuinas tipu the retailers money

Posted by Bullcoming > 2018-06-24 21:53 | Report Abuse

Don’t play play, now is New Malaysia, Ekuinas tipu dare to tipu retailers money??? 不知死吗？

Posted by apolloang > 2018-06-24 22:00 | Report Abuse

ekuinas dah tipu,money in their pocket,now they sudah ambil duit and put overseas,what the retailers can do?

Posted by Bullcoming > 2018-06-24 22:10 | Report Abuse

Any proof, or rumours???

Posted by matg > 2018-06-24 22:49 |

Post removed.Why?

Posted by apolloang > 2018-06-24 22:50 | Report Abuse

proof? ekuinas sell this IPO at 1.85

Posted by PH_now > 2018-06-25 04:44 | Report Abuse

If Icon don't move to at least 50 sen next 5 years we Chinese to support back BN?

Posted by BN_menang > 2018-06-25 04:50 | Report Abuse

"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

Posted by BigDaddyCool > 2018-06-25 09:04 | Report Abuse

buyer pouring in.TP 0.17

Posted by pakatan_harapan2 > 2018-06-28 02:24 | Report Abuse

Petronas chairman Sidek Hassan has left the building
https://www.themalaysianinsight.com/s/57340

Posted by Kedahan > 2018-06-28 16:34 | Report Abuse

Hassan Marican(new Petronas chairman) is 1 of us sure take care well Kedahan.

Posted by snwong13 > 2018-06-28 18:49 | Report Abuse

.
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

Posted by snwong13 > 2018-06-28 18:50 | Report Abuse

.
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

Posted by sportstoto > 2018-06-28 20:23 | Report Abuse

https://www.klsescreener.com/v2/news/view/398037/icon-offshore-bags-osv-jobs-worth-rm275m

GOOD OR BAD?

Posted by Spyron_09 > 2018-06-28 20:26 | Report Abuse

time is matter.
just buy at lowest price..
keep for long term investment..
1st resistance 0.160.
once break, will go to the moon..
good luck guys!

Posted by Kedahan > 2018-06-29 05:01 | Report Abuse

Kedahan really help Kedahans? Luckily we voted PH in GE14.

Kedahan Hassan Marican(new Petronas chairman) is 1 of us sure take care well Kedahan.
28/06/2018 16:34

Posted by Kedahan > 2018-06-29 05:02 | Report Abuse

Icon Offshore bags OSV jobs worth RM275m
https://www.theedgemarkets.com/article/icon-offshore-bags-osv-jobs-worth-rm275m

Posted by BigDaddyCool > 2018-06-29 07:58 | Report Abuse

bulls coming immediate TP 0.20 mid term 0.50

Posted by BigDaddyCool > 2018-06-29 08:08 | Report Abuse

with this announcement ICON share value will increased in tandem with its current NTA 0.42

Posted by GoodBoy > 2018-06-29 09:19 | Report Abuse

Move it to 0.20 n 0.30 ...

Posted by Spyron_09 > 2018-06-29 09:27 | Report Abuse

nah//here u go ICON.
just break resistance 0.160/0.170
then can go to the moon!

Posted by bulldog > 2018-06-29 09:38 | Report Abuse

fly high...

Posted by Spyron_09 > 2018-06-29 10:02 | Report Abuse

this counter can go further.
happy trading guys..
good luck!

Posted by Spyron_09 > 2018-06-29 10:04 | Report Abuse

as mention previously, now really together move with BARAKAH..
well done guys.