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KUALA LUMPUR (Bernama) -- Alam Maritim Resources Bhd (ALAM) has received approval for its application for assistance to mediate between the company and certain of its subsidiaries, joint-venture companies and associated companies (affected companies) and its respective financiers/sukuk holders (lenders).
Doubt about its ability to continue as a going concern
KUALA LUMPUR: Stocks to watch on Monday include Widad Group Bhd, Alam Maritim Resources Bhd, ATA IMS Bhd, IOI Corp Bhd and Pharmaniaga Bhd, according to JF Apex Research.
KUALA LUMPUR: Alam Maritim Resources Bhd’s net loss widened to RM115.3mil in the financial year ended Dec 31,2020, from a net loss of RM79.5mil the year before.
KUALA LUMPUR: Alam Maritim Resources Bhd's net loss widened to RM115.25 million in the financial year ended Dec 31, 2020, from a net loss of RM79.48 million the year before.
THE recovery in the oil and gas (O&G) sector will be slow and gradual, and uncertainties still linger on the supply side.
KUALA LUMPUR: The FBM KLCI entered the lunch break slightly higher than last Friday's close as investors shrugged off Fitch Ratings' downgrade of Malaysia's credit rating and gained confidence in growing commodity prices.
CONSTRUCTION companies are having a tight cash flow situation with the dearth of projects and tight margins. The situation is even worse for construction companies like Vertice Bhd that has the bulk of its projects in Penang.