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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.
Market hit another record daily trading volume
PETALING JAYA: Alam Maritim Resources Bhd’s unit has bagged an award from Vestigo Petroleum Sdn Bhd for the provision of underwater services.
KUALA LUMPUR: Shares of Alam Maritim Resources Bhd rose over 5% in early trade Wednesday after securing a contract from Repsol Oil & Gas Malaysia Ltd.
KUALA LUMPUR: Stocks to watch on Wednesday include Kossan Rubber Industries Bhd, Green Ocean Corp Bhd, AT Systematization Bhd, Alam Maritim Resources Bhd, DRB-Hicom and Hartalega Holdings Bhd, according to JF Apex Research.
PETALING JAYA: Alam Maritim Resources Bhd has secured a five-year contract from Repsol Oil & Gas Malaysia Ltd to provide subsea inspection, maintenance and repair services for Block PM3 in a commercial arrangement area located between Malaysia and Vietnam.
KUALA LUMPUR: JF Apex Research expects Bioalpha Holdings Bhd, Alam Maritim Resources Bhd, Peterlabs Holdings Bhd, Comintel Corp Bhd, Careplus Group Bhd, Xidelang Holdings Ltd and Cepatwawasan Group Bhd to be among the stocks to watch on Thursday.
PETALING JAYA: Alam Maritim Resources Bhd has been awarded with RM9.93mil contract of release order from IPC Malaysia BV.
PETALING JAYA: Petroliam Nasional Bhd’s plan to slash its budget could see it saving some RM17bil, but this may be insufficient for the state-owned oil and gas (O&G) giant to weather the challenging economic environment, according to a local research house.
KUALA LUMPUR: Traders and punters were very active in early Monday trade as trading volume surged to 1.72 billion units in about 16 minutes of trade, focusing on oil and gas penny stocks.