sure today la.. alam kan selalu kluarkan qr last2 day.

couldnt get 12 sen.. i think the lowest will be 12.5 sen on average for this month.. buy2.. new industry news is going out.

I already queue at 12 sen.. hope get something in the morning.

seems to have new hope

Write a comment..Reference is made to Alam Maritim Resources Berhad’s ("ALAM” or "the Company") previous announcements dated 26 May 2017 in relation to the admission of the Company to Corporate Debt Restructuring Committee of Bank Negara Malaysia (“CDRC”); 7 July 2017 in relation to the Proposed Restructuring Scheme; and 25 July 2017 in relation to the extension of time.

The Board of Directors of the Company is pleased to announce that the Company and its subsidiaries, joint-venture companies and associated companies (collectively, the “Affected Companies”) had received the requisite approval-in-principle from the respective lenders/financiers of at least seventy five percent (75%) of each class of creditors. To date, the Company has received the requisite approval-in-principle representing 87% of the Company’s secured debt and the requisite approval-in-principle representing 100% of the Company’s unsecured debt.

In view of the abovementioned event, the Company’s Proposed Restructuring Scheme ("PRS") is deemed effective subject to:

Award of contracts;
Consent of shareholders of the Affected Companies;
Completion of the bilateral settlement documentation within 60 days from the date of this announcement or any extension thereof.
The Group’s restructuring involves a bilateral settlement between each borrowing entity and its respective lenders/financiers by amending and extending the terms and conditions of the existing borrowing/facilities based on their respective cash flow forecast.

The Company has been working closely with the respective lenders/financiers to address and manage queries and to set out the material terms of the PRS. The PRS provides the Company with an affordable capital structure to deliver long-term value to all of its stakeholders. The Company believes this PRS also sets a firm foundation to sustain and grow the business going forward.

can today go down to 13.5 sen??

big loss 2017 and no new contract this yr.. sifu2 any hope?