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kernel semaphore seems insufficient, increase the last value of kernel.sem in /etc/sysctl.conf and try starting up the asm.
ref the below link for complete steps :
Did you check the ownership and permissions on the ASM devices?
Please have a reaad *"Unable to Start Database ORA-27146, ORA-27301, ORA-27302 [ID 189979.1]"*
Your semaphore setting is insufficient
Have a read *"Requirements for Installing Oracle 11gR2 RDBMS on RHEL (and OEL) 5 on AMD64/EM64T [ID 880989.1]"* to setting your kernel
Hope it helps