Bumi Armada crucially needs a change of luck, says Maybank Research.
KUALA LUMPUR: Bumi Armada Bhd
, through its wholly-owned unit, Bumi Armada Singapore Holdings Pte Ltd, has incorporated a 60%-owned subsidiary known as Bumi Armada Marine Ghana Ltd (BAMG), on Aug 1, 2017 in Ghana.
In a filing with Bursa Malaysia, the offshore oilfield services provider said Cypress Energy Co Ltd (CECL) owned the remaining stake in BAMG.
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