Alam Maritim wins RM24m job

Thursday, April 14, 2011

Alam Maritim Daily Chart

KUALA LUMPUR: Alam Maritim Resources Bhd’s (AMRB) wholly owned subsidiary Alam Maritim (M) Sdn Bhd has secured a RM24.24mil contract to supply two vessels from an independent oil and gas exploration and production company.

AMRB told Bursa Malaysia that its subsidiary received a letter of award to supply one unit anchor handling tug supply vessel and one unit of fast multipurpose supply vessel.

It said the contracts had commenced on April 1 and the duration of the contracts were for a primary period of six months with two extension options of one month each.

“The contracts are expected to positively contribute to the earnings and net assets of AMRB for the financial year ending 31 December,” AMRB said.

source:thestar

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