{
  "id": 1452170,
  "title": "Alam Maritim fell to six-month low following MACC remand of CEO Azmi Ahmad",
  "url": "https://urgent.news/2026/08/17/alam-maritim-fell-to-six-month-low-following-macc-remand-of-ceo-azmi",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T08:52:36.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/08/1513106/alam-maritim-fell-six-month-low-following-macc-remand-ceo-azmi"
  },
  "original_language": "en",
  "account": "Alam Maritim Resources Bhd experienced a drop to its lowest level in six months after the Malaysian Anti-Corruption Commission (MACC) remanded its CEO, Datuk Azmi Ahmad, to assist in an ongoing investigation. The company's share price fell 11.54% to 23 sen, representing its highest trading volume in over two months with 1.44 million shares exchanged. The stock has declined approximately 23% year-to-date, resulting in a market capitalization of RM102.48 million. The remand is not considered a finding of wrongdoing by the company, as stated in a filing with Bursa Malaysia. The board has taken necessary steps to maintain the continuity of the group's operations and will issue further announcements if there are any significant developments.",
  "summary": "KUALA LUMPUR: Alam Maritim Resources Bhd fell to near six-month low today after its group managing director and group chief executive officer Datuk Azmi Ahmad was remanded by the Malaysian Anti-Corruption Commission (MACC) to assist an ongoing investigation.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "New Straits Times",
        "title": "Alam Maritim group CEO Azmi Ahmad remanded to assist MACC probe",
        "url": "https://urgent.news/2026/08/17/alam-maritim-group-ceo-azmi-ahmad-remanded-to-assist-macc-probe",
        "published": "2026-08-17T06:25:09.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Alam Maritim CEO remanded by MACC",
        "url": "https://urgent.news/2026/08/17/alam-maritim-ceo-remanded-by-macc",
        "published": "2026-08-17T06:45:48.000Z"
      },
      {
        "outlet": "Malay Mail",
        "title": "O&G sevice provider Alam Maritim Resources says CEO Azmi Ahmad under MACC remand",
        "url": "https://urgent.news/2026/08/17/o-g-sevice-provider-alam-maritim-resources-says-ceo-azmi-ahmad-under",
        "published": "2026-08-17T07:11:51.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}