ICON

0.785

+0.05 (+6.8%)

Award by Brunei Zell Transportation Sdn Bhd to Icon Bahtera (B) Sdn Bhd for the provision of two (2) DP2 workboat vessels (Contracts)

ICON OFFSHORE BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-21092020-00004
Subject Award by Brunei Zell Transportation Sdn Bhd to Icon Bahtera (B) Sdn Bhd for the provision of two (2) DP2 workboat vessels (Contracts)
Description
Award by Brunei Zell Transportation Sdn Bhd to Icon Bahtera (B) Sdn Bhd for the provision of two (2) DP2 workboat vessels (Contracts)
Query Letter Contents

 

We refer to your Company’s announcement dated 18 September 2020 in respect of the aforesaid matter.
 

In this connection, kindly furnish Bursa Securities with the following additional information for public release:-

  1. The value of the Contracts.
  2. The date the award was received.

Please furnish Bursa Securities with your reply within one (1) market day from the date hereof.

 

Yours faithfully


LISTING

REGULATION

 

Cc : Market Surveillance Dept., Securities Commission (via fax)

 

We refer to our announcement dated 18 September 2020 (“Ref No. GA1-18092020-00074”) (“Announcement”).

All capitalised expressions shall have the same meaning as described in the Announcement.

Further to our Announcement, we wish to notify the following:

  1. The award for the provision for the Vessels by ZT were vide letters of award, both dated 25th August 2020 and received by the Company on 2nd September 2020. The Company subsequently obtained the approval to release the announcement regarding the award from BSP/ZT on 17th September 2020.
  2. The value of the award of the contract is determined based on the applicable daily charter rate as agreed by the parties calculated against the primary contract duration with the extension option.

 

 





Announcement Info

Company Name ICON OFFSHORE BERHAD
Stock Name ICON
Date Announced 22 Sep 2020
Category General Announcement for PLC
Reference Number GA1-22092020-00041