Bumi Armada Berhad New Listing Today

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

 bumiarmadaipolisting Bumi Armada Berhad New Listing Today

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.

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