【ICON 5255 交流专区】标志岸外

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Type	Announcement
Subject	OTHERS
Description	The Extension to the Long Term Charter Contract entered into between Icon Bahtera (B) Sdn. Bhd. and Zell Transportation Sdn. Bhd.
1. INTRODUCTION The  Board of Directors (“Board”) of Icon Offshore Berhad (“ICON” or the “Company”) is pleased to announce that its Brunei subsidiary company, Icon Bahtera (B) Sdn. Bhd. (“IBSB”), has received an extension on the charter of its vessel, Icon Kayra, from charterer Zell Transportation (“ZT”) on 10th May 2019. ICON, via IBSB, has on 10th July 2019  received the approval from ZT  to release the announcement regarding the said extension of the contract. 2. BACKGROUND/ DETAILS OF THE CONTRACT ZT and ICON have entered into a time charter party dated 16th April 2014 for the charter of the Icon Kayra for a period of five (5) years with an option to extend for another two (2) years. The extension award received from ZT on 10th  May 2019 was varied  for a period of two (2) years firm with a one (1) year extension option. This is a variation to  the initial contract that was announced on 20th  August 2014 (Reference No.: IO-140820-631E1). 3.  FINANCIAL EFFECTS ON ICON The variation to the contract is valued at approximately RM36 million and is expected to contribute positively to the earnings, order book and net assets of ICON for the financial year ending 31st December 2019 and beyond. Notwithstanding this, the contract is not expected to have any material effect on the share capital and shareholding structure of ICON. 4.  RISKS ASSOCIATED WITH THE CONTRACT The risks associated with the 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 have any interest, direct or indirect in the contract . 6.  DIRECTORS' STATEMENT Our Board is of the opinion that the contract  is in the best interest of ICON.

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标志岸外重组5.8亿债务·50股变1发附加股
https://www.sinchew.com.my/content/content_2103252.html

（吉隆坡19日讯）标志岸外（ICON,5255,主板能源组）建议50变1股票整合、发售附加股与派送凭单集资，以及透过发股和债券方式重组5亿7716万令吉债务。

标志岸外发文告表示，建议进行股票整合，每50股合并成1股后，在完成合并后，再发售附加股并附送凭单，预期最多可筹集2亿5000万令吉。

假设附加股售价13仙，每1股配售81股附加股，以及4附加股送1凭单，可筹集2亿4792万令吉。

HOSB申请豁免强制收购

另外，基于大股东Hallmark Odyssey公司（HOSB）持有标志岸外42.3%股权，认购附加股后，HOSB持有率可能多过2%，而触及强制收购，因此申请豁免强制收购。

标志岸外亦申请债务重组，债务款额大约5亿7716万令吉，包括透过配售新股及凭单，款额约2752万令吉。多项伊斯兰债务重组，款额最多达1121万令吉。

标志岸外亦会以新股及凭单配售给债权人以偿还17万1976令吉的债务。

上述所有建议需通过监管机构及股东放行，预期可在今年第四季完成。

标志岸外补充，将上述所有企业活动及凭单转换后，股本将从11亿7718万5000股扩大至31亿3909万2000股，负债比将从9.16倍降低至0.61倍。


文章来源 ： 星洲日报 2019-08-20

Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	ICON OFFSHORE BERHAD ("ICON" OR "THE COMPANY")(I)        PROPOSED SHARE CONSOLIDATION;(II)        PROPOSED RIGHTS ISSUE WITH WARRANTS;(III)        PROPOSED EXEMPTION;(IV)        IN CONJUNCTION WITH THE PROPOSED DEBT RESTRUCTURING, THE PROPOSED ISSUANCE TO THE FINANCIERS AND THE PROPOSED RESTRUCTURED TERM LOAN 3 AND COMMODITY MURABAHAH TERM FINANCING-i 3 / TAWARRUQ FINANCING-i 3; AND(V)        PROPOSED ISSUANCE TO THE CREDITOR.
On behalf of the Board of Directors of ICON, CIMB Investment Bank Berhad wishes to announce that the Company proposes to undertake the following:- (i) Proposed share consolidation of every 50 existing ordinary shares in Icon into 1 ordinary share in Icon (“Icon Share(s)”); (ii) Proposed renounceable rights issue of new Icon Shares together with free detachable warrants to raise minimum gross proceeds of RM183.00 million and maximum gross proceeds of up to RM 250.00 million; (iii) Proposed exemption under paragraph 4.08 of the Rules on Take-Overs, Mergers and Compulsory Acquisitions issued by the Securities Commission Malaysia; (iv) Proposed debt restructuring involving debt of approximately RM577.16 million owing by Icon and the Affected Icon Companies (as defined in this Announcement) to its Financiers (as defined in this Announcement) (“Proposed Debt Restructuring”) and in conjunction with the Proposed Debt Restructuring:     (a) The proposed issuance and allotment of new Icon Shares with free detachable warrants to Financiers in order to settle approximately RM27.52 million in debt; and     (b) The proposed entry into the Restructured Term Loan 3 (“RTL 3”) and Commodity Murabahah Term Financing-i 3/Tawarruq Financing-i 3 (“CMTF-i 3”) to restructure approximately RM64.20 million in debt, where the RTL 3 and the CMTF-i 3 and such capitalised interest/profit (as the case may be) of up to RM11.21 million are exchangeable into new Icon Shares; and (v) Proposed issuance and allotment of new Icon Shares together with free detachable warrants to a Creditor (as defined in this Announcement) to settle an amount due of RM171,976.29. The details of the above proposals are set out in the attachment. This announcement is dated 19 August 2019.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6257317

Attachments Icon Offshore Bhd - Proposals Initial Announcement (19 Aug 2019).pdf

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ICON OFFSHORE BERHAD

Date of change	31 Aug 2019
Name	CAPTAIN HASSAN BIN ALI
Age	62
Gender	Male
Nationality	Malaysia
Type of change	Others
Designation	Chief Operating Officer
Description	Cessation of Acting Chief Executive Officer role

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information 1 Professional Qualification Master of Foreign Going Certificate of Competency (Class 1) Malaysian Marine Department 2 Masters Master of Science (Msc.) degree in Transport University of Wales, Cardiff, United Kingdom
Working experience and occupation	He began his career as a cadet officer with Malaysian International Shipping Corporation Berhad (now known as MISC Berhad ("MISC") in 1975 and left in 1988 to join the Malaysian Maritime Academy as a Nautical Lecturer. In 1990, he joined Petronas Carigali Sdn Bhd ("PCSB") as a Cargo Supervisor. In 1991, he returned to the Malaysian Maritime Academy as a Senior Nautical Lecturer and also held the position of Department Head before leaving in 1995. He then held the position of Operation Manager at Petrokapal Sdn Bhd from 1995 to 1996 before leaving to join Orient Overseas Container Line (Malaysia) Sdn Bhd as a National Operation Manager in 1996.In 1997, he was appointed as the Marine Manager of Regship Services Sdn Bhd until 1999. He was the Executive Director of Gugusan Maritime Sdn Bhd from 1999 to 2004 where his responsibilities included overseeing the dry bulk and edible cargo chartering operations. He joined Tanjung Offshore Services Sdn Bhd in 2004 and was subsequently appointed as an Executive Director and Chief Executive Officer of Tanjung Kapal Services Sdn Bhd ("TKS") (now known as Icon Ship Management Sdn Bhd) in 2005 and 2006 respectively.Following the completion of the strategic consolidation in 2012, between Omni Petromaritime Sdn Bhd and TKS, he assumed the position of Chief Corporate Officer and Deputy Chief Executive Officer. In 2015, he was appointed as the Chief Operating Officer of Icon Offshore Berhad.He has over 39 years of experience in the marine transportation industry.
Family relationship with any director and/or major shareholder of the listed issuer	Nil
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	2,770,300

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Date of change	03 Sep 2019
Name	DATO SRI HADIAN HASHIM
Age	61
Gender	Male
Nationality	Malaysia
Type of change	Appointment
Designation	Managing Director

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information 1 Degree Bachelor Degree (Chemical Engineering) University of Canterbury, New Zealand
Working experience and occupation	Dato' Sri Hadian began his career with Sarawak Shell Bhd (SSB) in 1982 and throughout his 12-year career with SSB until 1994, he was involved in the Oil & Gas (O&G) Exploration and Production (EP) activities and developed his expertise in various aspects of the business as well as working with PETROLIAM NASIONAL BERHAD. Dato' Sri Hadian left SSB in 1994 to venture into business and develop his entrepreneurial skills.In 1995, he joined Itochu Pipe and Tube Asia Corporation Sdn Bhd (IPTASCORP) as a director. IPTASCORP is involved in selling tubular goods and steel products to O&G companies.  In 1999, Dato' Sri Hadian became a shareholder and director of Integrated Petroleum Services Sdn Bhd. (IPS). IPS provided support services to the offshore O&G industry in Malaysia, Southeast Asia and Central Asia. In 2006, he became the Chief Executive Officer of IPS until 2013. In 2012, he was one of the founding shareholders of Sona Petroleum Sdn Bhd which was listed in July 2013 as a Special Purpose Acquisition Company (SPAC) (Sona Petroleum) on the Main Market of Bursa Malaysia Securities Berhad, focused on the O&G EP business. He assumed the roles of Executive Director and Managing Director of Sona Petroleum. On 28th June 2018, Sona Petroleum was delisted. Currently he is a shareholder of Hendroff Holdings Sdn Bhd which is involved in O&G services.

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icon岸外获1820万合约
https://www.enanyang.my/news/20190828/icon岸外获1820万合约/

Type	Announcement
Subject	OTHERS
Description	Provision Of One (1) Anchor Handling Tug & Supply (AHTS) Vessel For An Oil Major  2019 Offshore Projects And Well Activities
1. INTRODUCTION The Board of Directors (“Board”) of Icon Offshore Berhad (“ICON/Company”) is pleased to announce that an oil major company (“Oil Major”) has authorised Icon Offshore Group Sdn. Bhd. (“IOGSB”), a wholly-owned subsidiary of ICON via an Authorization for Services dated 28th June 2019 for a provision of an anchor handling tug & supply vessel (“Service/Award”), pursuant to a tender for the Oil Major  2019 Offshore Projects and Well Activities. 2.DETAILS OF THE  AWARD The commencement date of the said vessel, (“ Vessel”) was on 30th June 2019, the onhire date as stated in the Vessel’s on hire certificate (“Commencement Date”). The Service is for a period of one (1) year, effective from the Commencement Date, with an extension option of one (1) year at the discretion of the Oil Major. 3.  FINANCIAL EFFECTS ON ICON The Award, valued at approximately RM18.2 million is expected to contribute positively to the earnings, and net assets of ICON for the financial year ending 31 December 2019 and beyond. Notwithstanding this, the Award is not expected to have any material effect on the share capital and shareholding structure of ICON. 4.  RISKS ASSOCIATED WITH THE AWARD The risks associated with the Service 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 Award. 6.  DIRECTORS' STATEMENT Our Board is of the opinion that the Award and/or the acceptance of the Award is in the best interest of IOGSB and the holding company, ICON.

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2019	30 Jun 2018	30 Jun 2019	30 Jun 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	50,144	53,185	91,912	101,244
2	Profit/(loss) before tax	4,797	-3,467	-5,714	-9,216
3	Profit/(loss) for the period	-881	-3,577	-11,552	-11,138
4	Profit/(loss) attributable to ordinary equity holders of the parent	-3,804	-4,664	-11,449	-13,290
5	Basic earnings/(loss) per share (Subunit)	0.32	0.40	0.97	1.13
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.0365		0.0468

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icon岸外获2560万合约
https://www.enanyang.my/news/20190911/icon岸外获2560万合约/

Type	Announcement
Subject	OTHERS
Description	Provision of Offshore Support Vessels for Petroleum Arrangement Contractors (PACS) Production Operations
1. INTRODUCTION The Board of Directors (“Board”) of Icon Offshore Berhad (“ICON/Company”) is pleased to announce that PETRONAS Carigali Sdn. Bhd. (“PETRONAS Carigali”) has  awarded Icon Offshore Group Sdn. Bhd. (“IOGSB”), a wholly-owned subsidiary of ICON, a contract for the provision of one (1) unit of Anchor Handling Tug & Supply vessel (“Vessel”) for the PACs’ Production Operations (“Contract”) pursuant to a letter of contract amendment dated 16 August 2019. IOGSB has on 10 September 2019 received the approval to release the announcement regarding the Contract from PETRONAS Carigali. 2. DETAILS OF THE CONTRACT The commencement date of the Contract was on 17 August 2019 ("Commencement Date"). The Contract was effective  on 16 August 2019 and it shall continue for a period of seven hundred and thirty (730) days from the Commencement Date. 3. FINANCIAL EFFECTS ON ICON The Contract, valued at approximately RM25.6 million is expected to contribute positively to the earnings, and net assets of ICON for the financial year ending 31 December 2019 and beyond. Notwithstanding this, the Contract is not expected to have any material effect on the share capital and shareholding structure of ICON. 4. RISKS ASSOCIATED WITH THE CONTRACT The risks associated with the Contract is 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 Contract. 6. DIRECTORS' STATEMENT Our Board is of the opinion that the Contract is in the best interest of IOGSB and the holding company, ICON.

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ICON OFFSHORE BERHAD

Date of change	03 Sep 2019
Name	DATO' SRI HADIAN BIN HASHIM
Age	61
Gender	Male
Nationality	Malaysia
Designation	Managing Director
Directorate	Executive
Type of change	Appointment

Qualifications

No	Qualifications	Major/Field of Study	Institute/University	Additional Information
1	Degree	Bachelor Degree (Chemical Engineering)	University of Canterbury, New Zealand

Working experience and occupation

Dato' Sri Hadian began his career with Sarawak Shell Bhd (SSB) in 1982 and throughout his 12-year career with SSB until 1994, he was involved in the Oil & Gas (O&G) Exploration and Production (EP) activities and developed his expertise in various aspects of the business as well as working with PETROLIAM NASIONAL BERHAD. Dato' Sri Hadian left SSB in 1994 to venture into business and develop his entrepreneurial skills.In 1995, he joined Itochu Pipe and Tube Asia Corporation Sdn Bhd (IPTASCORP) as a director. IPTASCORP is involved in selling tubular goods and steel products to O&G companies.  In 1999, Dato' Sri Hadian became a shareholder and director of Integrated Petroleum Services Sdn Bhd. (IPS). IPS provided support services to the offshore O&G industry in Malaysia, Southeast Asia and Central Asia. In 2006, he became the Chief Executive Officer of IPS until 2013. In 2012, he was one of the founding shareholders of Sona Petroleum Sdn Bhd which was listed in July 2013 as a Special Purpose Acquisition Company (SPAC) (Sona Petroleum) on the Main Market of Bursa Malaysia Securities Berhad, focused on the O&G EP business. He assumed the roles of Executive Director and Managing Director of Sona Petroleum. On 28th June 2018, Sona Petroleum was delisted. Currently he is a shareholder of Hendroff Holdings Sdn Bhd which is involved in O&G services.

icy97

Type	Announcement
Subject	OTHERS
Description	Provision of Offshore Support Vessels for Petroleum Arrangement Contractors (PACs) Production Operations
1. INTRODUCTION The Board of Directors (“Board”) of Icon Offshore Berhad (“ICON/Company”) is pleased to announce that PETRONAS Carigali Sdn. Bhd. (“PETRONAS Carigali”) has  awarded Icon Offshore Group Sdn. Bhd. (“IOGSB”), a wholly-owned subsidiary of ICON, a contract for the Provision of One (1) Unit of Offshore Support Vessel (“Vessel”) for the PACs’ Production Operations (“Contract”) pursuant to a letter of contract amendment dated 5 September 2019. IOGSB has on 1 October 2019 received the approval to release the announcement regarding the Contract from PETRONAS Carigali. 2. DETAILS OF THE CONTRACT The effective date of the Contract was on 5 September 2019 and the commencement date of the said Vessel shall be as per the on hire date as stated in the Vessel’s on hire certificate. The Contract shall be for a firm period of six hundred and ninety-five (695) days, expiring on 1 August 2021, with an extension option of one (1) year plus one (1) year. 3.  FINANCIAL EFFECTS The Contract, valued at approximately RM36 million is expected to contribute positively towards the earnings and net assets of ICON for the financial year ending 31 December 2019 and beyond. Notwithstanding this, the Contract is not expected to have any material effect on the share capital and shareholding structure of ICON. 4.  RISKS ASSOCIATED WITH THE CONTRACT The risks associated with the Contract is mainly operational risks such as accidents and unexpected breakdown of the vessel. In mitigating such risks, ICON carries out routined 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 and/or major shareholders of ICON and/or persons connected with the Directors and/or its major shareholders have any interest, direct or indirect in the Contract. 6.  DIRECTORS' STATEMENT Our Board  is of the opinion that the Contract is in the best interest of IOGSB and the holding company, ICON.

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Type	Announcement
Subject	OTHERS
Description	The Extension to the Long Term Charter Contract entered into between Icon Bahtera (B) Sdn. Bhd. ("IBSB"), a subsidiary company of Icon Offshore Berhad and Zell Transportation Sdn. Bhd. ("ZT")
1. INTRODUCTION The Board of Directors (“Board”) of Icon Offshore Berhad (“ICON” or the “Company”) is pleased to announce that its subsidiary company in Brunei, IBSB has received an extension on the charter of its vessel (“Vessel”), to  ZT, which in turn, has been awarded with an extension to its long term charter contract for the Vessel from  a company operating in Brunei via a variation  effective 31st October 2019. 2. BACKGROUND/ DETAILS OF THE CONTRACT The extension award received from ZT for the charter of the Vessel  from 1st November 2019 to 28th February 2021 with a further extension option from 1st March 2021 to 28th February 2023. The expected on hire date is 1st March 2020. This is a variation to  the initial contract that was announced on 9 March 2017 (Reference No. : GA1-03032017-00021). 3.  FINANCIAL EFFECTS ON ICON The variation to the contract is valued at approximately RM33.4 million and is expected to contribute positively to the earnings, order book and net assets of ICON for the financial year ending 31 December 2019 and beyond. Notwithstanding this, the contract is not expected to have any material effect on the share capital and shareholding structure of ICON. 4.  RISKS ASSOCIATED WITH THE CONTRACT The risks associated with the 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 have any interest, direct or indirect in the contract . 6.  DIRECTORS' STATEMENT Our Board is of the opinion that the contract  is in the best interest of ICON.

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吉隆坡17日讯）随着大马交易所解除Icon Offshore Bhd的指定股限制，该股涨停板，飙升30仙或127.66%。

根据马交所，指定股限制是为了减少Icon证券的过度投机行为。

截至11时25分，该股报53.5仙，交投量有508万8200股，为第三大上升股。



马交所上周五（14日）指出，决定今早9时起解除Icon的指定股限制。

“Icon将恢复正常交易，即T+2结算。”

马交所于1月24日将Icon列为指定股，从1月28日起生效，直至另行通知。

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2019	30 Sep 2018	30 Sep 2019	30 Sep 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	55,354	51,736	147,266	152,981
2	Profit/(loss) before tax	1,700	-9,326	-4,014	18,542
3	Profit/(loss) for the period	-5,239	-10,102	-16,791	-21,239
4	Profit/(loss) attributable to ordinary equity holders of the parent	-6,376	-11,580	-17,826	-24,870
5	Basic earnings/(loss) per share (Subunit)	-0.54	-0.98	-1.51	-2.11
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.0352		0.0468

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ICON OFFSHORE BERHAD

Date of change	01 Jan 2020
Name	CAPTAIN HASSAN BIN ALI
Age	62
Gender	Male
Nationality	Malaysia
Type of change	Resignation
Designation	Chief Operating Officer
Reason	To pursue personal and family matters.
Details of any disagreement that he/she has with the Board of Directors	No
Whether there are any matters that need to be brought to the attention of shareholders	No

Qualifications

No Qualifications Major/Field of Study Institute/University Additional Information 1 Professional Qualification Master of Foreign Going Certificate of Competency (Class 1) Master of Foreign Going Certificate of Competency (Class 1) 2 Masters Master of Science (Msc.) degree in Transport University of Wales, Cardiff, United Kingdom
Family relationship with any director and/or major shareholder of the listed issuer	Nil
Any conflict of interests that he/she has with the listed issuer	Nil
Details of any interest in the securities of the listed issuer or its subsidiaries	2,770,300

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ICON OFFSHORE BERHAD

Entitlement subject	Share Consolidation
Entitlement description	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")
Ex-Date	22 Jan 2020
Entitlement date	23 Jan 2020
Entitlement time	5:00 PM
Financial Year End
Share transfer book & register of members will be	to  closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	23 Jan 2020
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	Ratio
Par Value (if applicable)

Entitlement Details

Company Name	Ratio (New : Existing)	Available/Listing Date	Fractional Entitlement
ICON OFFSHORE BERHAD	1.0000 : 50.0000

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ICON OFFSHORE BERHAD

Entitlement subject	Rights Issue
Type	Renounceable
Entitlement description	Renounceable rights issue of up to 2,354,370,200 new ordinary shares in Icon Offshore Berhad ("Icon") ("Rights Shares") on the basis of 100 Rights Shares for every 1 ordinary share in Icon held after the share consolidation, together with up to 588,592,550 free detachable warrants ("Rights Warrants") on the basis of 1 Rights Warrant for every 4 Rights Shares subscribed for, as at 5.00 p.m. on Thursday, 23 January 2020 at an issue price of RM0.105 per Rights Share ("Rights Issue with Warrants")
Ex-Date	22 Jan 2020
Entitlement date	23 Jan 2020
Entitlement time	5:00 PM
Share transfer book & register of members will be	to  closed from (both dates inclusive) for the purpose of determining the entitlement
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	23 Jan 2020
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)
Rights Issue/Offer Price	Malaysian Ringgit (MYR) 0.1050
Par Value (if applicable)
Entitlement indicator	Ratio
Entitlement Details
Company Name	ICON OFFSHORE BERHAD
Entitlement	Ordinary Rights
Ratio (New:Existing)	100.0000  : 1.0000
Rights Crediting Date	23 Jan 2020

Despatch Date	28 Jan 2020
Date for commencement of trading of rights	24 Jan 2020
Date for cessation of trading of rights	03 Feb 2020
Date for announcement of final subscription result and basis of allotment of excess Rights Securities	13 Feb 2020
Last date and time for :
Sale of provisional allotment of rights	31 Jan 2020 05:00 PM
Transfer of provisional allotment of rights	04 Feb 2020 04:30 PM
Acceptance and Payment	10 Feb 2020 05:00 PM
Excess share application and payment	10 Feb 2020 05:00 PM
Available/Listing Date	20 Feb 2020

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Notice of Person Ceasing (Section 139 of CA 2016)

ICON OFFSHORE BERHAD

Particulars of Substantial Securities Holder

Name	URUSHARTA JAMAAH SDN. BHD.
Address	Level 30, Menara TH Platinum, No. 9, Jalan Persiaran KLCC Kuala Lumpur 50080 Wilayah Persekutuan Malaysia.
Company No.	201801045610 (1307642-V)
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Date of cessation	23 Jan 2020
Name & address of registered holder	URUSHARTA JAMAAH SDN. BHD.Level 30, Menara TH Platinum, No. 9, Jalan Persiaran KLCC, 50080 Kuala Lumpur, Wilayah Persekutuan

No of securities disposed	972,225
Circumstances by reason of which a person ceases to be a substantial shareholder	Ceased to be a substantial shareholder of Icon Offshore Berhad due to the disposal of shares.
Nature of interest	Direct Interest
Date of notice	24 Jan 2020
Date notice received by Listed Issuer	24 Jan 2020

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Type	Announcement
Subject	MULTIPLE PROPOSALS
Description	ICON OFFSHORE BERHAD ("ICON" OR THE "COMPANY")(I) SHARE CONSOLIDATION;(II) RIGHTS ISSUE WITH WARRANTS;(III) ISSUANCE TO THE FINANCIERS; AND(IV) ISSUANCE TO THE CREDITOR.
Reference is made to Icon’s announcements on 19 August 2019, 22 August 2019, 1 October 2019, 18 October 2019, 8 November 2019, 26 November 2019, 13 December 2019, 9 January 2020 and 10 January 2020 (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein. On behalf of the Board, CIMB Investment Bank wishes to announce that as at the close of acceptance, excess application and payment for the Rights Issue with Warrants at 5.00 p.m. on Monday, 10 February 2020, the total valid acceptances and excess applications for the Rights Issue with Warrants were 2,822,225,061 Rights Shares, which represents an over-subscription of 19.87% over the total number of 2,354,363,900 Rights Shares available for subscription under the Rights Issue with Warrants, the details of which are set out below:- No. of Rights Shares % Acceptances 1,821,126,826 77.35 Excess applications 1,001,098,235 42.52 Total acceptances and excess applications 2,822,225,061 119.87 Total Rights Shares available for subscription 2,354,363,900 100.00 Over-subscription 467,861,161 19.87 The successful applicants for the Rights Shares will be given the Warrants on the basis of 1 Warrant for every 4 Rights Shares subscribed. It is the intention of the Board to allot the excess Rights Shares with Rights Warrants, on a fair and equitable manner in the following priority: firstly, to minimise the incidence of odd lots; secondly, for allocation to Entitled Shareholders who have applied for the excess Rights Shares with Rights Warrants, on a pro rata basis and in board lots, calculated based on their respective shareholdings in the Company as at the Entitlement Date; thirdly, for allocation to Entitled Shareholders who have applied for excess Rights Shares with Rights Warrants, on a pro rata basis and in board lots, calculated based on the quantum of their respective excess Rights Shares with Rights Warrants applications; and finally, for allocation to renouncee(s)/transferee(s) (if applicable) who have applied for excess Rights Shares with Rights Warrants, on a pro rata basis and in board lots, calculated based on the quantum of their respective excess Rights Shares with Rights Warrants applications. In the event there is any remaining balance of excess Rights Shares with Rights Warrants applied for by the Entitled Shareholders and/or their renouncee(s)/transferee(s) (if applicable), who have applied for the excess Rights Shares with Rights Warrants after carrying out steps (i) to (iv) as set out above, steps (ii) to (iv) will be repeated again in the same sequence to allocate the remaining balance of the excess Rights Shares with Rights Warrants to the Entitled Shareholders and/or their renouncee(s)/transferee(s) (if applicable) who have applied for the excess Rights Shares with Rights Warrants until such balance is fully allocated. Nonetheless, the Board reserves the right to allot the excess Rights Shares with Rights Warrants applied for by the Entitled Shareholders and/or their renouncee(s)/transferee(s) (if applicable) in such manner as the Board deems fit, expedient and in the best interest of the Company, subject always to such allocation being made on a fair and equitable manner and that the intention of the Board as set out in (i) to (iv) above is achieved. Any allocations made in respect of the excess Rights Shares with Rights Warrants shall be subject to the compliance of the Public Spread Requirement at all times. The Rights Shares and Warrants are expected to be listed on and quoted on the Main Market of Bursa Securities on 20 February 2020 together with the 263,696,964 new Shares and 65,924,235 Warrants issued pursuant to the Issuance to the Financiers and the Issuance to the Creditor. This announcement is dated 13 February 2020.

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Profile for Securities of PLC

ICON OFFSHORE BERHAD

Instrument Category	Securities of PLC
Instrument Type	Warrants
Description	Issuance of free detachable warrants in Icon Offshore Berhad ("Icon") ("Warrants") pursuant to the Rights Issue with Warrants, Issuance to the Financiers and Issuance to the Creditor (as defined below)

Listing Date	18 Feb 2020
Issue Date	14 Feb 2020
Issue/ Ask Price	Not Applicable
Issue Size Indicator	Unit
Issue Size in Unit	654,515,210
Maturity	Mandatory
Maturity Date	13 Feb 2028
Revised Maturity Date
Name of Guarantor
Name of Trustee
Coupon/Profit/Interest/Payment Rate
Coupon/Profit/Interest/Payment Frequency
Redemption
Exercise/Conversion Period	8.00   Year(s)
Revised Exercise/Conversion Period
Exercise/Strike/Conversion Price	Malaysian Ringgit (MYR)   0.1650
Revised Exercise/Strike/Conversion Price
Exercise/Conversion Ratio	1:1
Revised Exercise/Conversion Ratio
Mode of satisfaction of Exercise/ Conversion price	Cash
Settlement Type/ Convertible into	Physical (Shares)

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ICON OFFSHORE BERHAD

Particulars of substantial Securities Holder

Name	HALLMARK ODYSSEY SDN. BHD.
Address	43-2, Plaza Damansara Jalan Medan Setia 1 Bukit Damansara Kuala Lumpur 50490 Wilayah Persekutuan Malaysia.
Company No.	201201016304 (1001815-U)
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	14 Feb 2020	1,506,496,377	Others	Direct 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	SUBSCRIPTION

Circumstances by reason of which change has occurred	Subscription of ordinary shares pursuant to rights issue of shares with warrants
Nature of interest	Direct Interest
Direct (units)	1,516,451,753
Direct (%)	57.406
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Total no of securities after change	1,516,451,753
Date of notice	17 Feb 2020
Date notice received by Listed Issuer	17 Feb 2020

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Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

ICON OFFSHORE BERHAD

Particulars of Substantial Securities Holder

Name	URUSHARTA JAMAAH SDN. BHD.
Address	Tingkat 7, Bangunan Setia 1 15 Lorong Dungun Bukit Damasara Kuala Lumpur 50490 Wilayah Persekutuan Malaysia.
Company No.	201801045610 (1307642-V)
Nationality/Country of incorporation	Malaysia
Descriptions (Class)	Ordinary Shares
Name & address of registered holder	CITIGROUP NOMINEES (TEMPATAN ) SDN BHD - URUSHARTA JAMAAH SDN. BHD. Level 42, Menara Citibank,165 Jalan Ampang,50450 Kuala Lumpur

Date interest acquired & no of securities acquired
Date interest acquired	18 Feb 2020
No of securities	132,859,800
Circumstances by reason of which Securities Holder has interest	Shares derived from rights issue
Nature of interest	Direct Interest
Total no of securities after change
Direct (units)	133,796,400
Direct (%)	5.627
Indirect/deemed interest (units)	0
Indirect/deemed interest (%)	0
Date of notice	19 Feb 2020
Date notice received by Listed Issuer	20 Feb 2020