Alam Maritim shareholders say 'yes' to entry of tycoon Quek and Poh


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.

Quek, via Associated Land Sdn Bhd, had agreed in late April to take up 60 million new Alam Maritim shares for RM81mil and Poh’s Caprice Capital International Ltd 63 million shares worth RM85.05mil via a placement.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , alam maritim

   

Next In Business News

Ringgit likely to face cautious trading next week
M&As in the spotlight
Key stocks to watch in 2025
Give GLICs the green light to ramp up overseas investments
Bringing the outdoors in
Will the JS-SEZ work?
Sime Motors partners with PSM to advance green mobility
Asia and EMs offer compelling value
Vincent Tan seeks new partner in HSR bid
Sofa so good, feels like new

Others Also Read