You have searched for "Bumi Armada Bhd"
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KUALA LUMPUR: CIMB Research has resumed coverage on Bumi Armada Bhd with an “add” with a sum-of-parts (SOP)-based target price of 92 sen.
PETALING JAYA: Bumi Armada Bhd has filed a claim in the Australian court seeking US$283.51mil (RM1.1bil) from Woodside Energy Julimar Pty Ltd for the termination of a contract for the charter of the Armada Claire floating production, storage and offloading (FPSO) unit.
A cleverly-crafted fund raising exercise, offshore oil and gas services provider Bumi Armada Bhd's initial public offering (IPO) has created an 'artificially high demand' for the company's shares amongst institutional investors in lieu of its flotation onto the Main Market of Bursa Malaysia this month, analysts and market observes say.
KUALA LUMPUR: Bumi Armada Bhd, a company controlled by billionaire T. Ananda Krishnan, raised RM2.66bil after pricing shares at the upper half of its indicative range in Malaysia's biggest initial public offering this year, two people familiar with the matter said.
KUALA LUMPUR: Bumi Armada Bhd has received a letter of intent from Italy’s eni Angola S.p.A for a RM9.5bil floating production, storage and offloading vessel (FPSO) contract at Block 15/06, East Hub off Angola
KUALA LUMPUR: The fate of two contracts worth up to RM2bil is in limbo, as Bumi Armada Bhd moves to suspend the provision of floating, production, storage, and offloading vessel (FPSO) services to Erin Petroleum Nigeria Ltd.