Hello Ala_Xfire,
Thank you for your assistance. Here is what I did:
*Removed Alarm Control Module
*Replaced Indicator light bulb.
*Replaced the fuse in the ILCM
Since doing the above, the indicator light has resumed normal functionality. WINNING!!!


I have also dropped off the ACM and new batteries to the local electrician to fix up before re-installing it back into the car. Hence, no randomly flashing indicator lights in the meantime. WINNING AGAIN!!!


I felt like I was a mechanic and felt very masculine for it. LOL.


Thank you for all your help, you're a god-send.