Bumi Armada bogged down with low oil and share prices


Bumi Armada Bhd executive director/CEO Hassan Basma

PETALING JAYA: Bumi Armada Bhd’s long-serving chief executive officer Hassan Basma’s (pic) departure comes at a challenging time for the oil and gas (O&G) outfit, considering the current low oil price environment and its already battered down share price.

Market observers question if this is the best time for the company’s board to agree to Hassan’s request.

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Business , Bumi Armada , 5210

   

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