The institutional price for Bumi Armada Berhad is fixed at RM3.03 per share after it had completed the bookbuilding process. For the final retail price, it was fixed at RM3.03 per share, which was RM0.12 below the retail offering of RM3.15. The retail offering was closed on 7th July 2011. Since the retailer apply for […]
Good news to Bumi Armada Berhad IPO investors! Bumi Armada Berhad’s initial public offering(IPO) was 40 Times Oversubscribed. This show a very strong demand from potential investors even it share price were priced 19 times 2010 earnings. Bumi Armada is Malaysia’s largest owner and operator of OSVs (and third largest in South East Asia), and […]
Most of us spend a considerable amount of resource, energy and time in our lives accumulating wealth. It’s equally very important to take a time to plan in order to safeguard the assets should you no longer be able to handle your affairs. Do you know the possible negative financial consequences of passing their huge […]