Alam Maritim surges on fleet expansion


  • Business
  • Wednesday, 31 Jan 2007

PETALING JAYA: Alam Maritim Resources Bhd's share price surged to a new high yesterday after analysts raised their target prices for the stock on the company's plan to acquire new vessels. 

“We see the group's expansion plans as timely considering drilling activities offshore Malaysia are really picking up,'' OSK Research said yesterday. 

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