Alam Maritim submits regularisation plan to exit PN17 status
26 Jul 2024
KUALA LUMPUR (July 26): Practice Note 17 (PN17) company Alam Maritim Resources Bhd (KL:ALAM) has announced its regularisation plan, which includes a share capital reduction of RM440 million, 10-to-one share consolidation, an issuance of renounceable rights shares with warrants and a scheme of arrangement with its creditors.
Kang Siew Li (2024, July 26) Alam Maritim submits regularisation plan to exit PN17 status
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