Thursday, March 10, 2011

Alam Maritim unit gets contract extension worth RM10.95m

KUALA LUMPUR: ALAM MARITIM RESOURCES BHD []'s wholly owned subsidiary Alam Maritim (M) Sdn Bhd has secured an extension of a spot charter contract to supply of one unit Straight Supply vessel for RM10.95 million.

In a filing to Bursa Securities on Thursday, March 10, Alam Maritim said the contract was for an extended period of one year.

It said the contract was expected to contribute positively to its earnings for the financial year ending Dec 31, 2011 and beyond.

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