Bumi Armada Berhad, Malaysia’s largest owner and operator of OSVs (and third largest in South East Asia), and is currently also the eighth largest FPSO player in the world, made an impressive debut on the Kuala Lumpur stock exchange(Bursa Malaysia) today.
This Oil and gas services provider is an established and trusted service partner in the oil and gas industry with over decades of experience.
Trading of Bumi Armada Berhad’s shares on Bursa Securities on a ready basis commenced at 9am on July 21, 2011, under the stock name ‘ARMADA’ and stock code ‘5210’.
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July 21st, 2011 | Posted in stock market | Comments Off on Bumi Armada Berhad Debuts With 62 Sen Premium
Bumi Armada Bhd listing at Bursa Malaysia at 8.30am.
Institutional and final retail price RM3.03.
Hwang DBS Vickers Research had a fair value of RM4.05
Company Name: Bumi Armada Berhad
Principal Adviser:CIMB Investment Bank Bhd, Maybank Investment Bank Bhd and RHB Investment Bank Bhd
Listing Date= 21 July 2011
Market= Main
Sector= Trading / Services
Stock Short Name = ARMADA
Stock Code = 5210
Bumi Armada Berhad is an investment holding company with its subsidiaries principally involved in the provision of marine transportation, FPSO operations, vessel construction and engineering and maintenance service to offshore Oil and Gas companies.
Bumi Armada Berhad was which is backed by Malaysian billionaire Ananda Krishnan, is the Malaysia’s largest offshore services provider and eighth largest global floating production storage and offloading (FPSO) player.
July 21st, 2011 | Posted in stock market | Comments Off on Bumi Armada Berhad New Listing Today
This is an interesting videos that I received in my e-mail.
Do watch it with open mind.
Please note that I have no association with any political party.
Do you believe that an Amah living in 70’s earn more money than a University graduate nowadays?
Young Malaysian, do you really think politics is none of your business?
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July 21st, 2011 | Posted in To Do | Comments Off on A Must Watch Video For All Malaysian