Wednesday 28 December 2011

Alam Maritim wins RM29.8m Shell job

Alam Maritim Resources Bhd (AMRB)'s unit, Alam Maritim (M) Sdn Bhd, has received a letter of award from Sarawak Shell Bhd
for the E8 & F13K Modules Offshore Transportation and Installation contract worth RM29.80 million.

In a filing to Bursa Malaysia today, AMRB said the nine-month contract commenced in the fourth quarter of 2011.

It was not renewable, the company said.

It said the contract was expected to contribute positively to the earnings and net tangible assets of AMRB for the year ending Dec 31, 2011 and beyond. -- BERNAMA




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