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Alam Maritim share trading suspended tomorrow pending 'material announcement'

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Alam Maritim share trading suspended tomorrow pending 'material announcement' Empty Alam Maritim share trading suspended tomorrow pending 'material announcement'

Post by Cals Mon 21 Apr 2014, 19:58

Alam Maritim share trading suspended tomorrow pending 'material announcement'
Business & Markets 2014
Written by theedgemalaysia.com   
Monday, 21 April 2014 17:51

KUALA LUMPUR (April 21): Alam Maritim Resources Bhd said its shares will be suspended from trading tomorrow pending an announcement.

“Kindly be advised that at the request of the above Company, trading in the company's securities will be suspended with effect from 9.00 a.m., Tuesday, 22 April 2014, pending a material announcement,” the company said in a filing with Bursa.

The Edge Weekly reported on Saturday that Alam Maritim had been in discussion with Barakah Offshore Petroleum Bhd, Puncak Niaga Holdings Bhd and SapuraKencana Petroleum Bhd to become their  subcontractor for a RM10 billion Pan Malaysia offshore transportation and installation (T&I) job the trio won recently.

Alam Maritim is an offshore oil & gas service provider.
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