Bumi Armada Berhad IPO Is Closing Today

Today is the last day of the Bumi Armada Berhad’s initial public offering(IPO) before it’s close.

There are so many IPO in the pipe line such as Prestariang Berhad, Hibiscus Petroleum Berhad, Catcha Media Berhad, Inari Berhad.

This leave investor a lot of choice.


I expect Bumi Armada Berhad, an oil and gas services provider, to be  oversubscribe in view that the foreign and domestic institutional tranche of 261 million shares was more than 10 times covered  and close earlier.

Bumi Armada Berhad IPO Listing Schedule

Prospectus Date= 30/06/2011

Opening of Applications= 30/06/2011

Closing of Applications= 07/07/2011

Tentative Balloting Date= 11/07/2011

Tentative Allotment Date= 19/07/2011

Tentative Listing Date= 21/07/2011

How to apply Bumi Armada Berhad IPO?

1) Using manual IPO form. The form can be downloaded from CIMB e-IPO service web site.  You need to buy bank draft and send via snail mail or by hand to Malaysian Issuing House Sdn Bhd

2) ATM machines

3) Internet share application via online banking

** Please check the fee charged before using any of above services and shop wisely!

CIMB Investment Bank Berhad’ e-IPO Services(Internet share application) charge   a processing fee of RM2.00 per application vs applying for IPOs (Initial Public Offerings) online via Maybank2u.com which charge RM1 per IPO

One Response to “Bumi Armada Berhad IPO Is Closing Today”

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