Billionaire Quek's presence may spur tie-ups for Alam Maritim

'Quek has the required clout to make these companies work together and in turn enhancing the value of his investments'.

PETALING JAYA: Tan Sri Quek Leng Chan’s presence as a shareholder in offshore support vessel (OSV) operator Alam Maritim Resources Bhd could lead to beneficial tie-ups between the company and the others where the tycoon owns substantial stakes.

In a recent unrated report on Alam Maritim, Credit Lyonnais Securities Asia (CLSA)wrote: “Quek and Paul Poh have been heavily investing in various oil and gas (O&G) companies. While these investments are relatively small, we think Quek has the required clout to make these companies work together and in turn enhancing the value of his investments.”