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Overview
Financial Highlight
HeadlinesBusiness Background Icon Offshore Bhd is a Malaysian service provider of an offshore support vessel. The services provided by the company include seismic survey, drilling operations, towing, anchor handling and mooring of barges, construction support, repair, and maintenance support, firefighting and emergency response, accommodation facilities for personnel, and transportation of personnel, fuel, drilling fluids, cement, water, and supplies to platforms.
  MamakKutty I guess the last week price suddenly drop is probably due to insider dispose before announcement. 08/03/2023 10:35 AM 08127059 Dont buy malay comp stock related to gov...all cheat n manipulation...crap....shit 08/03/2023 12:09 PM 08127059 They dont know how to manage comp...just rely on gov..this is the way they survive in bussines 08/03/2023 12:12 PM 08127059 2020 they did it n now they do it again...just cant believe why people keep buying this stock...name ICON from word CON...all investors have been CON...ICON the CON comp.... 08/03/2023 12:16 PM 1234rich SC please be fair to small /retail investors. I agreed to MamakKutty inside had disposed between 28th Feb to 1st March making the share prices drop suddenly. Icon Director persecuted retails investor. Retails Investor will lost money on Icon. I not agree plan for Capital Reduction . If want to do don't dispose Director and Ally shares. Retails Investor disappointed. SC please look into this matter. System not fair. 08/03/2023 12:21 PM 1234rich Just give dividen then want to do capital reduction. Where the money from selling the ship? Please don't persecute retails investor. 08/03/2023 12:24 PM 1234rich Share consolidation will make retails investor money getting lesser at the end. 08/03/2023 12:30 PM 08127059 Manipulation at it best...since it was listed...this is the worst comp in the market... 08/03/2023 12:34 PM 1234rich Dah jual Jack Up Rig dengan untung besar, duitnya buat apa wei? Kenapa share price rendah sangat? Sebahagian duit, belilah balik share syarikat..Baru betul 08/03/2023 12:58 PM 1234rich Dia buat Share Consolidation, akan jadikan kerugian ditanggung pelabur runcit. Pelabur Runcit jadi mangsa.... 08/03/2023 1:02 PM 1234rich Ekuinas, jangan aniaya pelabur runcit..Directors jangan aniaya pelabur runcit..Sepatutnya Icon beri pulangan kepada Investor. Jangan rugikan investor wei!!! 08/03/2023 1:07 PM sylvester89 This counter are just use to cheat the people money la previously say Q4 was profit then now say loss pulak kepala otak dia la nak tipu try la pergi luar negara tipu george soros tgk dia ada bola tak lol 08/03/2023 2:25 PM 1234rich Atas 13.5 sen , baru come out proposal..Bawah dari itu ICON Directors make Retail Investors dissatisfied 08/03/2023 3:21 PM 1234rich Nak come out proposal jangan rugikan Retail Investors..Ini disposed dulu baru announcement. TOLONG jangan jadi haprak. 08/03/2023 3:23 PM I_like_dividend “Consolidating the shares would lead to a reduction in the number of shares available in the market and an increase of the reference/trading prices of the shares,” it said, adding that this may reduce the volatility of the trading price for the shares. The share consolidation is subject to the approvals of Bursa securities as well as the group’s shareholders at the aforementioned EGM to be convened. “Barring any unforeseen circumstances and subject to all required approvals being obtained, the proposals are expected to be completed by the third quarter of 2023,” Icon Offshore added. 08/03/2023 3:30 PM 1234rich Buatlah Exercise Share Buy Back baru betul. Duit untung jual Jack Up Rig gunalah kat tempat yg betul seperti Exercise Share Buy Back. Jangan buat macam-macam yg rugi. 08/03/2023 3:32 PM stocktrading88 still got chance to up at least 0.130-0.170 before consol according to kaki lima aNalyst .. hehehe 08/03/2023 6:02 PM DickyMe "sylvester89 @DickyMe sad bro I think I see u buy 30k share but end up how much we gonna loss.... 19 hours ago" ======================================== No loss in terms of price, bro! If conso, then they adjust price by multiplying. Your quantity will shrink. As long as no loss in cost, why worry. But the move to consolidate to create volatility is dubious and shows leadership have no clue on how to run a business. 08/03/2023 6:54 PM 08127059 No loss...??????if no loss they not going to do it bro...they just wana suck your money...look at what happened to the previous conso....emmmmm 08/03/2023 8:18 PM 08127059 They multiplying the price but after that they bring down the price...you quatity already shrink...you thing the do it to lose money...pls....they always win ...we might minimize the lost if we buy righ issue or rri etc...they done it b4...look at the price now after the done it in 2020....emmm 09/03/2023 12:48 AM 08127059 How to to sell if you still loosing...even the price was multiplying but quantity shrunk alot...do your own calcul since fist consol...tell me u make profit or not...u think they do it to give u money...in your dream...probly people buy after cons might be benefited but if u r lucky... 09/03/2023 12:29 PM 5354_ Petronas will increase capex next 5 years is good for Icon and other O&G suppliers. 14/03/2023 8:55 AM 5354_ Additional Listing Announcement /Subdivision of Shares Company Name ICON OFFSHORE BERHAD Stock Name ICON Date Announced 14 Mar 2023 Category Additional Listing Announcement /Subdivision of Shares Reference Number ALA-14032023-00007 1. Details of Corporate Proposal Involve issuance of new type/class of securities ? No Types of corporate proposal Exercise of Warrants Details of corporate proposal Conversion of Warrants A to Ordinary Shares No. of shares issued under this corporate proposal 2,000 Issue price per share ($$) Malaysian Ringgit (MYR) 0.1650 Par Value($$) (if applicable) Latest issued share capital after the above corporate proposal in the following Units 2,706,540,787 Issued Share Capital ($$) Malaysian Ringgit (MYR) 1,148,065,481.000 Listing Date 15 Mar 2023 14/03/2023 5:08 PM 08127059 Dont buy this typical malay n gov related company...you will be CON /ICON...they just dont know how to do business...how to manage company...they made profit by con investor..2020 the did consol...now the do it again..thats the only way they make profit by CON investor...this is the only way they know how to make profit...ICON is the worst company ever exist in KLCI...since it was listing nobody make profit from this company...wondering BURSA can allow this kind of company in KLCI....why because Malay company n gov baby...for new b....dont buy this share u will lose all the way... 20/03/2023 9:10 PM 08127059 AVOID THIS COUNTER AT ALL COSTS...TGE WORST COUNTER EVER EXIST IN KLCI...Equinas is a malay comp n gov related...so no wonder how bad they are...they just dont have a clue how to do business...the only thing they now is to do share consolidation....the easy way to make money n con investor...for new b carefull pls avoid this counter 20/03/2023 9:24 PM Penang_lang I con is like PH con voters? GE16 like that PH must lose or coming state election? 22/03/2023 9:47 AM whistlebower99 FOR NEWBIES ICON OFFSHORE BERHAD ("ICON" OR THE "COMPANY") (I) PROPOSED CAPITAL REDUCTION; AND (II) PROPOSED SHARE CONSOLIDATION On behalf of the Board of Directors of the Company, Kenanga Investment Bank Berhad wishes to announce that the Company proposes to undertake the following:- (i) proposed reduction of the issued share capital of Icon by RM830.00 million pursuant to Section 116 of the Companies Act 2016 to eliminate the accumulated losses of Icon and its group of subsidiaries; and (ii) proposed consolidation of every 5 existing ordinary shares in Icon (“Icon Shares”) held by the shareholders of Icon, on an entitlement date to be determined and announced later, into 1 Icon Share This announcement is dated 7 March 2023. MULTIPLE PROPOSALS | https://www.klsescreener.com/v2/announcements/view/4404095 ======== Share consolidation and rights issue in Jan 2020 Share consolidation in March 2023 ============= Long term loyal shareholders suffered huge losses in 2020 will again suffer another loss in 2023. Be careful trading and holding high NOSH penny stocks 22/03/2023 9:49 AM whistlebower99 Previous share consolidation in 2020 Share consolidation of every 50 existing ordinary shares in Icon Offshore Berhad ("Icon") ("Existing Shares") into 1 consolidated share in Icon ("Consolidated Share(s)") as at 5.00 p.m. on Thursday, 23 January 2020 ("Entitlement Date") ("Share Consolidation") ======== After 3 years, another share consolidation. Long term loyal investors suffered huge losses Be careful trading and holding high NOSH penny stocks 22/03/2023 9:49 AM Penang_lang Those get conned by Icon why don't you complain in Rafizi or Nurul Izzah facebook? 22/03/2023 9:57 AM Penang_lang Operator sure see haters comment so won't help you here. Complain to politicians now in govn is best way. 22/03/2023 9:58 AM whistlebower99 FOR NEWBIES ICON OFFSHORE BERHAD ("ICON" OR THE "COMPANY") (I) PROPOSED CAPITAL REDUCTION; AND (II) PROPOSED SHARE CONSOLIDATION On behalf of the Company, Kenanga IB wishes to announce that the application in relation to the Proposed Share Consolidation has been submitted to Bursa Securities on 23 March 2023. This announcement is dated 23 March 2023. ================= 1 step closer to 2nd share consolidation after 3 years 24/03/2023 11:41 AM  | | ||||||||||||||||||||||||||||||||||||||||||||||||
