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PETALING JAYA: Shareholders of Alam Maritim Resources Bhd have green-lit the entry of banking tycoon Tan Sri Quek Leng Chan and his lieutenant Paul Poh as the second-largest shareholders of the offshore support vessel firm, according to a filing with Bursa Malaysia.
KUAla LUMPUR: Alam Maritim Resources Bhd hopes to capture a bigger slice of the RM2bil market for underwater inspection, repair and maintenance (IRM) work with the planned acquisition of a US$80mil (RM262mil) modern diving support ship.
PETALING JAYA: The BBB+ sukuk rating on Alam Maritim Resources Bhd’s RM500mil sukuk ijarah medium-term note programme has been placed on MARCWatch negative, indicating an increased risk of missed payments or a distressed exchange on the firm’s sukuk.
PETALING JAYA: Alam Maritim Resources Bhd is expected to remain in the red in its financial year 2017 (FY17) despite turning profitable in the second quarter, according to Kenanga Research.
PETALING JAYA: Alam Maritim Resources Bhd is embarking on a new share sale exercise that could see savvy investors Tan Sri Quek Leng Chan and Paul Poh emerging as strategic investors, according to banking sources.