Bumi Armada Berhad, Malaysia’s largest supplier of vessels for the oil and gas industry finally launched its initial public offering prospectus. KUALA LUMPUR: Bumi Armada Bhd, a company controlled by billionaire or sen a share, according to the company’s draft prospectus. This distribution of the Electronic Prospectus and the IPO are subject to the laws of Bursa Securities, Bumi Armada the Promoters, Selling.

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Bumi Armada is an offshore oil support specialist, and is the only Malaysian company that owns floating production storage and offloading vessels. Re-listing company, wishing to apply but still have the concerns. It’s not a year for Bursa.

LeslieGoh Armada go, go, go Can this script work? I wanted to apply too but looking at the PE Ratio, seem on high side.

Prospectus

Tongkarat Bye bye What do you think? GLC funds and FMs had voiced their non-confidence right before the market close. Durian Runtuh 8th July,1: Nicholasming91 Wa congrats on ur new baby hahhaa.

LeslieGoh Victor u r sohai.

Bumi Armada Berhad IPO Listing

Bug62 Happy new year everyone. There are different opinion about this counter. Hong Leong — RM3. Otherwise, they have to go default, and that, not going to happen unless Leon Bjmi prepare to confront the whole world.

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More information regarding the company can be found in Bumi Armada webpage. Tongkarat Ala gerak sikit From their prospectus, Gearing ratio is about 0. Wisil 3rd July,8: May apply but using the same strategy, sell on first day. MengYew who just swollen 20mils shares 0. VeryStupidBoy 4th July,8: I have few question here: MengYew big banana just iop the check in. If oil continue to rise Jan can see usd 58 to 60 Armana can cross 0.

Bumi Armada IPO prospectus launched – Tax Updates, Budget & Business News

AdamRyan 20th July,9: TunDiam god I hope it hits 19 today. Bumi Armada Bhd, a leading international offshore oil field services contractor, is schedule to be listed in Main Market on 21st July Can you tell what is the fair value of this counter? Wasil, I will post when the information become available. MengYew and the worst performer of Bursa for YE goes to And that would be a RM loan.

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Let’s hope the best happen. Not a glory year should look back. My strategy will sell at the first day if got la. Tongkarat Nothing much to expect Apply via Internet, Yes, I agree with you. The subscription period is opened until 7th July at 5pm. A few of IPOs popping up recently, may I know why?

LeslieGoh Short sellers runaway, prkspectus counter got potential to going up It takes longer time to get the money back. MengYew the issue here is not how much cash they left in the pocket, but how they survive the storm View Bumi Armada prospectus in Bursa Malaysia webpage.

The money for unsuccessful applicants will only days after balloting as compared to Maybank only 1 day. Why Bumi Armada PE quite high? Shareview Until nowthe crude oil price dropped by Bumi Armada was privatised in by T.

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Provided they able to turn the debts into profit