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
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.