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Oil and Gas cost pressures remain
PETALING JAYA: While maintenance activities in the local oil and gas space are set to increase in the next two years, cost pressures will remain, said UOB Kay Hian Research.
Alam Maritim shares rise 6.25% on new contract win
KUALA LUMPUR: Alam Maritim Resources Bhd shares were trading 6.25% higher in early trade Wednesday after securing a contract from ExxonMobil Exploration and Production Malaysia Inc.
Trading ideas: LB Aluminium, Alam Maritim, AirAsia, AAX, MAHB
KUALA LUMPUR: LB Aluminium Bhd, Alam Maritim Resources Bhd, AirAsia Group Bhd, AirAsia X Bhd (AAX) and Malaysia Airports Holdings Bhd (MAHB) are among the stocks to watch on Wednesday, according to JF Apex Research.
TH cutting exposure to stock market
KUALA LUMPUR: Lembaga Tabung Haji (TH) is targeting to reduce its exposure to the stock market next year, which will see the pilgrim fund divesting a portion of its stakes in 103 listed companies on Bursa Malaysia
All eyes on Felda, LTH-linked stocks
Investors’ attention likely to switch to stocks owned by the government entities as the appalling state of investments in these entities are uncovered
Trading ideas: OSK Holdings, Hibiscus, Alam Maritim, Muda, Vertice
KUALA LUMPUR: OSK Holdings Bhd, Hibiscus Petroleum Bhd, Alam Maritim Resources Bhd, Muda Holdings Bhd and Vertice Bhd are among the stocks to watch, according to JF Apex Research.
Alam Maritim venturing into offshore underwater services
KUALA LUMPUR: Alam Maritim Resources Bhd plans to venture into and provide offshore underwater and subsea services which include a complete work programme of underwater, structural and topside inspection, repair and maintenance, particularly in the international markets.
Alam Maritim completes debt restructuring exercise
KUALA LUMPUR: Alam Maritim said general salient terms of the proposed restructuring scheme included repayment terms ranging from a one year to a seven year tenure facility commencing from the date of the bilateral agreements.
Alam Maritim hopes to return to profitability
KUALA LUMPUR: Offshore support vessels (OSV) and sub-sea services provider Alam Maritim Resources Bhd hopes to return to the black in the current financial year ending Dec 31, 2018 on the back of newly-secured oil and gas (O&G) related contracts.
Alam Maritim bidding for RM1.2b oil and gas jobs
KUALA LUMPUR: Offshore support vessels (OSV) and sub-sea services provider, Alam Maritim Resources Bhd is bidding for oil and gas (O and G) related projects worth RM1.2 billion, said Group Chief Executive Officer Datuk Azmi Ahmad.
