Icon Offshore looking forward to a positive year


In a statement, managing director Datuk Seri Hadian Hashim pointed out that the group has a combined order book and tender book of RM2.1bil.

PETALING JAYA: Icon Offshore Bhd is keen to venture into strategic merger and acquisition opportunities to propel it into the next growth phase, with solid offshore support vessels (OSVs) and drilling segments under its belt supported by a strong order book.

It also noted that 80% of its vessels were on long term contracts providing earnings stability and cash flow certainty.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Bumi Armada , balance sheet , RHB Research ,

Next In Business News

Serving up a digital feast
KIPing it neighbourly
Consumer sector reality check
Is Malaysia ready for international retirees?
Going beyond a centralised housing data bank
Hazy days for Malaysia’s property sector
Mr. Robot comes to town
Zero tolerance for corruption
Lotte Chemical Titan sale sparks hope but challenges remain
Malaysia’s growth story has a missing piece

Others Also Read