Bumi Armada, MISC sign MoU to explore offshore business merger


KUALA LUMPUR: Bumi Armada Bhd has signed a non-binding memorandum of understanding (MoU) with MISC Bhd to explore the possibility of merging with the latter’s offshore business through an all-share transaction.

In a filing with Bursa Malaysia today, Bumi Armada said the merged entity arising from the proposed merger would remain listed on Bursa Malaysia Securities Bhd.

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Bumi Armada , MISC , MoU , merger , offshore sector

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