Thursday, April 14, 2011

Alam Maritim up on vessel contracts

KUALA LUMPUR: ALAM MARITIM RESOURCES BHD []'s shares rose in early trade on Thursday, April 14 after its unit secured RM24.24 million contracts to supply two vessels to an independent oil and gas exploration and production company.

At 9.05am, Alam was up six sen to RM1.07 with 878,600 shares traded.

Its unit Alam Maritim (M) Sdn Bhd would provide one anchor handling tug supply vessel and one fast multipurpose supply vessel.

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