October 21, 2016 7:30 AM ET

Energy Equipment and Services

Company Overview of Icon Offshore Berhad

Company Overview

Icon Offshore Berhad, an investment holding company, provides offshore support vessels to oil and gas related industries primarily in Malaysia. The company owns and leases utility vessels, anchor handling and tug vessels, anchor handling tug and supply vessels, straight supply vessels, platform support vessel, and accommodation work boat vessels. Its fleet offers logistical support services for various stages of offshore oil and gas life cycle, including exploration and appraisal, field development, operation and maintenance, and decommissioning. The company also provides a range of services, such as seismic survey, drilling operations support, towing, anchor handling and mooring of barges, ...

East Wing, The Icon

Level 12A

No. 1, Jalan 1/68F

Off Jalan Tun Razak

Kuala Lumpur,  55000


Founded in 1994


60 3 2180 6300


60 3 2165 1086

Key Executives for Icon Offshore Berhad

Icon Offshore Berhad does not have any Key Executives recorded.

Icon Offshore Berhad Key Developments

Icon Offshore Berhad Announces the Resignation of Abdul Rahman Bin Ahmad as Non-Executive Director

Icon Offshore Berhad announced the resignation of Abdul Rahman Bin Ahmad as Non-Executive Director. The resignation was effective from September 30, 2016.

Icon Offshore Names Abdullah Bin Karim as Independent Director

Icon Offshore has appointed Abdullah Bin Karim as independent director. The effective date is October 01. Abdullah Karim was the vice president & venture director, LNG Projects-Domestic, Global LNG, Upstream from July 2012. Abdullah joined PETRONAS in 1977 and has over 39 years experiences in the oil and gas industry, having served as Project Engineer (1981) and General Manager, Engineering Division (1991) in PETRONAS Carigali Sdn. Bhd. He became the executive assistant to the president of PETRONAS in 1994, after which he was appointed managing director/CEO of OGP Technical Services Sdn. Bhd. from 1995 to 1999.

Icon Offshore Berhad Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016

Icon Offshore Berhad announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported revenue of MYR 58,880,277 against MYR 68,572,777 a year ago. Profit from operations was MYR 11,340,976 against MYR 14,073,987 a year ago. Profit before taxation was MYR 1,532,288 against MYR 4,606,872 a year ago. Profit attributable to equity holders of the company was MYR 617,555 or MYR 0.1 per basic share against MYR 4,568,634 or MYR 0.4 per basic share a year ago. For the six months, the company reported revenue of MYR 110,713,211 against MYR 132,166,344 a year ago. Profit from operations was MYR 18,406,797 against MYR 25,148,362 a year ago. Loss before taxation was MYR 1,139,967 against profit of MYR 7,350,970 a year ago. Loss attributable to equity holders of the company was MYR 4,388,767 or MYR 0.04 per basic share against profit of MYR 7,277,461 or MYR 0.6 per basic share a year ago. Net cash generated from operating activities was MYR 33,427,618 against MYR 80,366,352 a year ago. Purchase of property, plant and equipment was MYR 13,263,000 against MYR 93,442,604 a year ago.

Recent Private Companies Transactions

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