In a filing with Bursa Malaysia, the oil and gas services company said its wholly owned subsidiary Alam Maritim (M) Sdn Bhd had recently been awarded the contract that would be effective from Aug 30, 2018, and would expire five years thereafter.
PETALING JAYA: Alam Maritim Resources Bhd
rose 6.25%, or 0.5 sen, to 85 sen in early trading after its unit secured a five-year contract for the provision of pan-Malaysia underwater services for petroleum arrangement contractors from Hess Exploration and Production Malaysia BV.
The counter closed the day at 85 sen on a volume of 1,630,200 shares.
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