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Alam Maritim, CME Group, Taliworks: Malaysia Equity Preview

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Sept. 7 (Bloomberg) -- Shares of the following companies may have unusual moves in Malaysia trading. Stock symbols are in parentheses and prices are as of the previous close, unless stated otherwise.

Malaysia’s FTSE Bursa Malaysia KLCI Index fell 0.6 percent to 1,454.37.

Alam Maritim Resources Bhd. (AMRB MK): The oil and gas services provider won a 220.8 million-ringgit ($74 million) contract to supply a vessel and anchor handling tug to ExxonMobil Exploration & Production Malaysia Inc., according to a company statement. Alam Maritim was unchanged at 73 sen.

Ariantec Global Bhd. (AGB MK): The computer services provider won a 19.8 million-ringgit contract from Niagara Technologies International Sdn. to install and maintain bandwidth management equipment, it said in a statement. Ariantec was unchanged at 3 sen.

CME Group Bhd. (CME MK): The fire-fighting equipment manufacturer won a 14.3 million-ringgit contract from Petronas Carigali Sdn., according to a stock exchange filing. CME rose 7.1 percent to 7.5 sen.

Global Carriers Bhd. (GLBC MK): The shipping company signed a preliminary agreement with PT Humpuss Intermoda Transportasi to jointly explore business opportunities in marine transportation in Indonesia and Malaysia, according to an exchange filing. Global Carriers fell 15 percent to 23 sen.

Taliworks Corp. (CI MK): The water treatment plant operator won a 339.4 million-ringgit contract from China International Water & Electric Corp. (M) Sdn. to help expand the Mengkuang Dam in Penang state, it said in a statement. The stock last traded at 1.12 ringgit on Sept. 5.

Takaso Resources Bhd. (TRB MK): The consumer products company said it’s not aware of any reason for the recent plunge in its shares, according to a stock filing. The stock tumbled 35 percent to 22 sen.

YTL Corp. (YTL MK): The utilities, cement and property group spent 5.5 million ringgit buying back 4 million of its own shares, a filing showed. YTL was unchanged at 1.38 ringgit.

To contact the reporter on this story: Chan Tien Hin in Kuala Lumpur at thchan@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net

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