The government-linked outfit has already approached banksabout arranging a listing and hopes to raise around $150m, Bloomberg reportsciting unnamed sources.
Icon is a union of Tanjung Kapal Services, the OSV arm ofKuala Lumpur-listed company Tanjung Offshore, and Omni Petromaritime.
Ekuiti Nasional (Ekuinas), a government-linked privateequity fund manager, owns 88% of the shares.
Datuk Abdul Rahman Ahmad, Ekuinas CEO, said last Novemberthat the company was on course to float next year.
