Alam Maritim falls after placement below market price

KUALA LUMPUR:  Offshore support vessel (OSV) operator Alam Maritim fell in early Thursday trade when it resumed trading after announcing the placement of 123 million new shares at RM1.35 each.

At 9.39am, Alam Maritim fell six sen to RM1.59. There were 9.98 million shares done.

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Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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Offshore support vessel operator , Alam Maritim , placement , Quek Leng Chan , Paul Poh

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