Wednesday, 22 April 2015

Icon Offshore: CEO and COO remanded

Quite shocking announcement by the company:

"To ensure fair market trading, the Board of Directors wishes to inform that Suruhanjaya Pencegah Rasuah Malaysia (“SPRM”) has remanded our Chief Executive Officer and Chief Operating Officer to facilitate and assist investigations currently being conducted by SPRM. The company has no details of the nature of the investigations or their status."

We have to wait for more news regarding this matter.

Noteworthy is that the CEO has lately been selling shares in the company.

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