Alam Maritim falls after placement below market price


KUALA LUMPUR:  Offshore support vessel (OSV) operator Alam Maritim fell in early Thursday trade when it resumed trading after announcing the placement of 123 million new shares at RM1.35 each.

At 9.39am, Alam Maritim fell six sen to RM1.59. There were 9.98 million shares done.

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