ICON OFFSHORE BERHAD

KLSE (MYR): ICON (5255)

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Last Price

0.15

Today's Change

+0.005 (3.45%)

Day's Change

0.15 - 0.16

Trading Volume

105,423,200

Entitlement

Upcoming

Happening

Ann. Date Ex Date Type Subject Amount
Discussions
9 people like this. Showing 50 of 11,169 comments

DickyMe2

The Closing section only mention about Buyer and Seller transaction terms.
According to the document
(ii) General corporate purposes and working
capital requirement of the Group (2) 24 months RM208,613.

Explanatory note
(2) The Company proposes to utilise part of the Disposal Consideration for its business operations. This includes financing the Company’s daily operations and operating expenses. In addition, the Disposal Consideration is partially for the Company to explore potential mergers and acquisitions (“M&As”) and investment opportunities in new business areas. ""The Company "may" also choose to distribute part of the Disposal Consideration as dividends to its shareholders.""
The actual amount to be utilised for general corporate and working capital will vary based on the actual utilisation of the Disposal Consideration and estimated expenses for the Proposed Disposal. Any surplus or deficit in the allocation for each of the categories as stated above will be adjusted accordingly between each of the categories as the management deems appropriate

Dividend is not confirmed according to the document.

1 month ago

8888_

Scared of Dickyme2 dare not reply? Use latest Bursa announcement as attached.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3298458

1 month ago

8888_

Estimated utilisation
timeframe from the
receipt of proceeds
Gross proceeds
Proposed utilisation of proceeds (RM’000)
(ii) Distribution to shareholders of Icon (2) 6 months 180,000
(2) Subject to the completion of the Proposed Disposal, it is the intention of the Board to distribute part of the
proceeds to the shareholders of Icon via a cash dividend.

1 month ago

8888_

RM 180 million to be distribute to shareholders of icon via a cash dividend. 30th Aug no mention but latest 11 Oct bursa announcement mention dividend.

1 month ago

8888_

6 months we can get dividend meaning latest is Apr 23 or May 23 if money received by Nov.

1 month ago

petnch2020

Hi dicky,

The dividend will be paid upon completion. And the condition precedent (requirement) for completion is approval by icon's bod and shareholders. So i think they will call an EGM to get approval from shareholders soon. Why soon? In the 30th Aug, they did mentionned a dateline set on 30 Nov for completion.

Regards.

1 month ago

Abdulazizba

with the selling of this RIG , the estimated share price may hover around 50 to 70 cent...if market bull run i think RM 1 also can

1 month ago

8888_

Profit from the assets sold only RM 6.407026 million in 2021 so USD 85 mil good price to sell so shareholders better agree.

1 month ago

8888_

USD 1=RM 4.686 today if use to convert; USD 85 million can get RM 398.31 million; RM 15 million more than 30th Aug figure.

1 month ago

8888_

2022-10-14

Insider

DATO' SRI HADIAN BIN HASHIM (a company director) acquired 1,000,000 shares at 0.115 on 14-Oct-2022.

2022-10-14

Insider

DATO' SRI HADIAN BIN HASHIM (a company director) acquired 1,250,000 shares at 0.120 on 13-Oct-2022.

2022-10-14

Insider

DATO' SRI HADIAN BIN HASHIM (a company director) acquired 1,600,000 shares at 0.125 on 12-Oct-2022.

1 month ago

8888_

12.5 sen(recent highest price) even MD bought.

1 month ago

George99

Ayoi... X naik lagi ker...

1 month ago

Icon 888

Crisis on the way.. keep bullet ya

1 month ago

Mabel

petnch2020 Yeah. Just take the RM180mil divide by the share outstanding. Should be around 6.65 sens per share.
12/10/2022 12:42 PM

Wow so nice...

Meow Meow Meow

1 month ago

Mabel

8888_ 2022-10-14

Insider

DATO' SRI HADIAN BIN HASHIM (a company director) acquired 1,000,000 shares at 0.115 on 14-Oct-2022.

2022-10-14

Insider

DATO' SRI HADIAN BIN HASHIM (a company director) acquired 1,250,000 shares at 0.120 on 13-Oct-2022.

2022-10-14

Insider

DATO' SRI HADIAN BIN HASHIM (a company director) acquired 1,600,000 shares at 0.125 on 12-Oct-2022.
14/10/2022 7:03 PM

0.115-12.5 sen is peanuts compare to RM 6.65..

Like this all can become millionaires here...

Meow Meow Meow

1 month ago

foongkitmun

waiting for the next QR where they talk about the disposal before reload..

1 month ago

Mabel

Icon 888 Crisis on the way.. keep bullet ya
15/10/2022 9:49 AM

UK in the Mess
US in the Mess
China in the Mess

Haha so what's new?

Keep bullet on FD, how much did you get?

1 month ago

success2628

Walaoeh, oil price spike up like mad !
Brent closed at=> $92.41 +2.38 +2.64 %

Like that today ICON will be limit up already liao lah !

Congratulations to all the ICON die hard supporters!

1 month ago

focusinvestor

Posted by petnch2020 > 1 week ago | Report Abuse

I think most news outlet missed the big dividend payout announced yesterday. Of the rm385mil to be received for the disposal of the jack up rig, rm180mil will be paid as dividend to shareholders. Or 6.65sens per share. Might not see it from just the headline announcement. Need to read the docs.

****************************************************************************
If the distribution is at 0.0665 per share, it's still consider good return even if the share price is at RM 1 per share. Where to get the above 5% return p.a in any FD. I think the price will be up soon, probably investor still want to wait after the EGM. Maybe too late to buy at that time.

1 month ago

Undi_PH

IPO RM 1.8 a scam. Only PH win GE15 can help those cheated.

1 month ago

success2628

When USD getting weak & winter coming & Russia-Ukraine escalate then crude oil price probably will break above USD$130 per barrel !

Heng ah, Ong ah, Huat ah !

1 month ago

BanglaMan

Wtf?? After 3 years I’m away you all still here??? Told u all don’t get stucked here.. don’t want to listen.. election also second round already share price still low.

3 weeks ago

8888_

Perisai rig disposal approved. Dividend 6-7 sen can expect by 2023?

3 weeks ago

DickyMe2

Before May 2023, means around Hari Raya Puasa or earlier, is it?
Document said within six (6) months from disposal settlement.

3 weeks ago

success2628

Walaoeh, oil price continue to spike up like mad !
Brent closed at=> $96.16 +1.51 +1.69 %

Like that today ICON will be limit up already liao lah !

Congratulations to all the ICON die hard supporters!

3 weeks ago

Undi_PH

18 sen why so difficult? PH must win GE15 is it?

2 weeks ago

Undi_PH

Anwar PM10 even RM 1 can?

2 weeks ago

DickyMe

Hung Parliament. Frogs galore after election.

2 weeks ago

Undi_PH

IPO RM 1.8 a con. Vote PH on 19th Nov if you lose a lot of $ being conned.

1 week ago

Undi_PH

18 sen no way? BN also no way on 19th Nov GE.

1 week ago

Undi_PH

Con on IPO price is worse than con on manifestos. BN must lose in GE15.

1 week ago

DickyMe

Covered cost and took 25% profit.
Balance shares are FOC and awaiting dividend.
Worth the three years wait. Thanks ICON.

1 week ago

Undi_PH

18 sen no BN also no.

1 week ago

Undi_PH

BN not for long term? Try PH next 5 years better.

1 week ago

8888_

Bursa no news is good news.

1 week ago

8888_

CI down 14 pts Icon still steady could be dividend come sooner than 6 months?

1 week ago

Icon 888

New era politic coming

6 days ago

sheep

Div 6.7 sen. Ex 8 Dec huat arrrr

2 days ago

I_like_dividend

6.7 sen dividend almost 50% share price which other stocks can offer?

2 days ago

I_like_dividend

Fat angpow for 2023 CNY.

1 day ago

Dinasour

follow this trend.. include the study of technical.. within one week.. this share must go to 50cents

1 day ago

DickyMe

50 cents??? LOL, Just hot air!

1 day ago

IconForever

How many times you sold why still here? Real hot air haha.

1 day ago

IconForever

20 sen next week? Buy more.

1 day ago

Mabel

Meow Meow Meow

1 day ago

I_like_dividend

Special Dividend
Amended Announcements
Please refer to the earlier announcement reference number: ENT-23112022-00015

ICON OFFSHORE BERHAD

Entitlement subject Special Dividend
Entitlement description
Single-tier special dividend of 6.7 sen per ordinary share
Ex-Date 09 Dec 2022
Entitlement date 12 Dec 2022
Entitlement time 5:00 PM
Financial Year End 31 Dec 2022
Period
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date 28 Dec 2022
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers 12 Dec 2022
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units)
(If applicable)
Entitlement indicator Currency
Announced Currency Malaysian Ringgit (MYR)
Disbursed Currency Malaysian Ringgit (MYR)
Entitlement in Currency Malaysian Ringgit (MYR) 0.0670

Par Value (if applicable)
Registrar or Service Provider name, address, telephone no BOARDROOM SHARE REGISTRARS SDN BHD
11th Floor, Menara Symphony
No. 5, Jalan Prof. Khoo Kay Kim (Jalan Semangat)
Seksyen 13
46200 Petaling Jaya
Selangor
Malaysia
Tel:0378904700
Fax:0378904670


Remarks :
In view of the declaration of public holiday on 28 November 2022 by our 10th Prime Minister, the entitlement date and payment date have been changed to 12 December 2022 and 28 December 2022 respectively

Announcement Info
Company Name ICON OFFSHORE BERHAD
Stock Name ICON
Date Announced 25 Nov 2022
Category Entitlement(Notice of Book Closure)
Reference Number ENT-25112022-00001
Corporate Action ID MY221123DVCA0009

1 day ago

powerup89

Bagi div tham going back to 8sen ...lol....jalan cerita sama saja...kakaka

1 day ago

Roger89

Within one week can hit 50 cent? Sure bo? Today power tak kuat oh.

1 day ago

Mabel

Icon Offshore Berhad Announces Single-Tier Special Dividend for the Financial Year Ended December 31, 2022, Payable on December 28, 2022.

Icon Offshore Berhad announced Single-tier special dividend of 6.7 sen per ordinary share for the financial year ended December 31, 2022. Ex-Date is December 9, 2022. Entitlement date is December 12, 2022. Payment Date is December 28, 2022.

Life is so beautiful..

Captain Mabel Meow

21 hours ago

Mabel

Great traction this week..

BTW does anyone know why the daughter is not following closely the mother?

In Sap the differences between Mother and Daughter is very close..

Meow

19 hours ago

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