Icon poised for better times

TheStar Sat, Mar 07, 2020 08:30am - 4 years View Original


For new oil and gas field development, producers need to plan their capital expenditure years ahead. As such we expect O&G activity to remain high for this year: DATUK SERI HADIAN HASHIM (pic)

ONE of the biggest losers of the 2018 oil price crash has to be Icon Offshore Bhd.

The company listed in 2014 with a market capitalisation of more than RM2bil only to see that slide to as low as RM252mil today.

But the fortunes of the beleaguered offshore service provider are expected to improve, following its recently completed corporate exercise.

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Lim Choon lin
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this counter is high corouted , stolen management,ipo 600mil missing without explaination
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