Bumi Armada Berhad Institutional Price Fixed at RM3.03

The institutional price for Bumi Armada Berhad is fixed at RM3.03 per share after it had completed the bookbuilding process. For the final retail price, it was  fixed at RM3.03 per share, which was RM0.12  below the retail offering of RM3.15. The retail offering was closed on 7th July 2011. Since the retailer apply for […]

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.