Quick take: Alam Maritim shares up after clinching Petronas Carigali contract

KUALA LUMPUR: Alam Maritim Resources Bhd’s shares rose over 6% in early trade Friday after the company secured RM24.8mil anchor handling tug supply (AHTS) contract from Petronas Carigali Sdn Bhd.

The offshore vessels provider rose 6.67%, or 0.5 sen to eight sen with 63 million shares done. Alam-WA declined 16.67%, or 0.5 sen to 2.5 sen with 26.9 million shares traded.