KUALA LUMPUR: ALAM MARITIM RESOURCES BHD [] has secured a contract worth RM52 million from Samsung Engineering Malaysia Sdn Bhd to supply two units of single point mooring buoy for Sabah Oil and Gas Terminal project.
In a filing Monday, June 13, Alam said its wholly owned subsidiary Alam Maritim (M) Sdn Bhd had received the purchase order from Samsung Engineering Malaysia.
Alam said the contract was expected to start immediately with delivery by the first quarter of the financial year ending Dec 31, 2012.
It said the contract was not renewable.
Alam said the contract was expected to contribute positively to its earnings for the financial years ending Dec 31, 2011 and 2012.
In a filing Monday, June 13, Alam said its wholly owned subsidiary Alam Maritim (M) Sdn Bhd had received the purchase order from Samsung Engineering Malaysia.
Alam said the contract was expected to start immediately with delivery by the first quarter of the financial year ending Dec 31, 2012.
It said the contract was not renewable.
Alam said the contract was expected to contribute positively to its earnings for the financial years ending Dec 31, 2011 and 2012.
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