KUALA LUMPUR: International offshore services provider Bumi Armada Bhd
is targeting to invest RM3bil as capital expenditure (capex) in financial year 2013 for its floating production storage and offloading (FPSO) segment and transport and installation services (T&I) segment.
Bumi Armada chief executive officer and executive director Hassan Basma said the company was still deciding on the medium to generate its capex target.
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