Icon Offshore slides after top officials remanded by MACC

KUALA LUMPUR:  Icon Offshore’s share price fell to a low of 61 sen in early Thursday trade  after announcing its chief executive officer and chief operating officer were remanded by the Malaysian Anti-Corruption Commission (MACC).

At 9am, it was down five sen to 63.5 sen. There were 887,000 shares traded at prices ranging from 61 sen to 63.5 sen.