Bumi Armada Berhad’s IPO

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Bumi Armada Berhad’s IPO is now available until 5:00PM, 7 July 2011. It will be listed on Main Market of Bursa Malaysia on 21 July 2011. Details as follows:

  • Bumi Armada Berhad, Unit Price = RM3.15

Business Overview

Bumi Armada Berhad is a Malaysia-based international offshore services provider to the O&G industry in Malaysia and over 10 other countries in Asia, Africa and Latin America. They provide their services through owning and operating marine assets across the O&G value chain from exploration through field development and construction, production and operations and eventually, decommissioning. Having worked extensively in shallow water, we are increasing focus on deepwater and harsh environments and work with customers ranging from NOCs and IOCs to Independents.

The company provide offshore services via 4 business units, namely FPSO, OSV, T&I and OFS, and 2 support units, namely FMS and EPC. They have offices and shore bases set up in various locations in Asia, Africa and Latin America, which allow us to provide support services for our vessel operations in Malaysia and international markets.

Note: Please make sure you have read the IPO’s Prospectus before apply. List of Prospectus for new IPOs can be found here.

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One Response to Bumi Armada Berhad’s IPO

  1. 2bz4money says:

    Daripada 6 IPO yg ada skrg, saya lebih tertumpu kpd BA (long-term)ni, kalu x sangkut BA mungkin cuba Prestariang (short-term)..

      (Quote)

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