Island Concepts Group Limited, an intergrated real-estate, hotel and residential community management and property development group, based in Melbourne, Australia, is the controlling shareholder of My Vacations Pte Limited Holding a seventy per cent (70%) stake, with the option to acquire all issued shares. Island Concepts Group Limited is a major shareholder of PT.Island Concepts Indonesia Tbk, an Indonesia public corporation established in February 2001 , whose shares are traded on the IDX (Indonesia Stock Exchange).
Its shares are quoted under ticker symbol "ICON" and as of December 1, 2012 there were 726,000,000 shares on issue with a last traded price of four hundred and forty rupiah (440 IDR) held by more than five hundred (500) individual shareholders and corporation. PT.Island Concepts Indonesia Tbk, has owned and operated the Bali Island Villa Spa Resort and Taman Merah spa Seminyak, Bali for over 9 years.
The ICON Group has activities and strategic joint ventures across the Asia pacific region in F&B, Hospitality and Residential property market sectors and services these including a 50% interest in PT. Patra Services & Supplies commercial and industrial catering company that employs over 2500 persons throughout Indonesia servicing the mining, oil & gas and industrial sector and controlling stake in PT. Taman Merah Investasi the franchisee for Harcourt's Realty Seminyak,Bali. Icon has a controlling stake in PT. Karya Bintang Bali, an Entertaiment and Food & Beverage business operating Mint Nightclub Bali.
The ICON Group has its headquarters at level 7, 160 Queen Street, Melbourne, Australia 3000 with regional operations in Singapore, Indonesia and Hong Kong.