KUALA LUMPUR: Offshore oil and gas service provider Bumi Armada Bhd plans to raise about RM2.8bil from its initial public offer (IPO) that will see the sale of 878.54 million existing and new shares at an indicative retail price of RM3.15.
The company, which launched its prospectus yesterday, will see its shares listed on the Main Market of Bursa Malaysia next month.
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