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KUALA LUMPUR: Icon Offshore Bhd's 654.51 million warrants will be listed on the Main Market of Bursa Malaysia on Tuesday.
KUALA LUMPUR: Icon Offshore Bhd saw its shares hit limit up in early trade Monday after Bursa Malaysia lifted its designated securities status on the counter.
KUALA LUMPUR: Bursa Malaysia chalked up slight gains early Monday as investors pinned their hopes on the government’s move to reduce the impact of the Covid-19 coronavirus with a stimulus programme next Thursday, Feb 27.
KUALA LUMPUR: Icon Offshore Bhd, an owner and operator of one of the largest fleet of offshore support vessels (OSV), raised RM247.21mil from its rights issue which was part of its debt restructuring exercise and provided the funds for its future growth.
KUALA LUMPUR: Bursa Malaysia and Southeast Asian markets were in the red at midday on Friday as worries about the fallout from the coronavirus mounted, especially the World Health Organisation's (WHO) declaration of a global emergency.
KUALA LUMPUR: Overall market sentiment on Bursa Malaysia was steadier on Wednesday after the previous day's selloff due to the worsening coronavirus outbreak but the FBM KLCI's advance was held in check by Tenaga Nasional and IHH Healthcare.
KUALA LUMPUR: Bursa Malaysia was marginally lower at the midday break on Wednesday, while Hong Kong fell more than 2% when it reopened for trading as the coronavirus outbreak spead further and the death toll rose.
KUALA LUMPUR: Debt-laden offshore support vessel (OSV) operator Icon Offshore saw nearly half its share price erased on Wednesday on rising selling pressure.
KUALA LUMPUR: The FBM KLCI eked out slight gains early Wednesday, as investors took comfort from the firmer Wall Street close, but selling on Tenaga Nasional weighed on the index.