Bumi Armada Berhad IPO shares 40 Times Oversubscribed

Good news to Bumi Armada Berhad IPO investors! Bumi Armada Berhad’s initial public offering(IPO) was  40 Times Oversubscribed. This show a very strong demand from potential investors even it share price were priced 19 times 2010 earnings. Bumi Armada is Malaysia’s largest owner and operator of OSVs (and third largest in South East Asia), and […]

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.

Bumi Armada Berhad IPO Listing to Close Early After Strong Investor Demand

Bumi Armada Berhad, Malaysia’s largest owner and operator of offshore support vessels, will be  closing its books for its 2.77 billion ringgit ($920 million)  at 5pm Malaysia time on July 7 at 5.00 pm (0900 GMT), a day earlier than scheduled, due to strong demand from investors. According to IFR, a unit of Thomson Reuters,  […]