Bumi Armada Berhad Institutional Price Fixed at RM3.03
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 Bumi Armada Berhad’s initial public offering(IPO) at RM3.15, there will be a refund of RM0.12.
The refund shall be refunded by the company within 10 market days.
You should be able to check your IPO application using your IC number or company registration number at Malaysia Issuing House Sdn Bhd (MIH)’s website by this week.
The allotment of shares to successful applicants’ CDS accounts will be on 19th July 2011 with the debut at Bursa Malaysia on 21st July 2011.
Bumi Armada Berhad was which is backed by Malaysian billionaire Ananda Krishnan, is the Malaysia’s largest offshore services provider and eighth largest global floating production storage and offloading (FPSO) player.
Bumi Armada Berhad is set to be listed on Bursa Malaysia on 21st July 2011 at 9:00am.
CIMB Investment Bank Berhad, RHB Investment Bank Berhad, Credit Suisse Group AG, Maybank Investment Bank Berhad, and CLSA Asia- Pacific Markets are arranging Bumi Armada’s IPO.
The issuing house for Bumi Armada Berhad’s initial public offering(IPO) is Malaysia Issuing House Sdn Bhd (MIH).
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Bumi Armada Berhad IPO – Floating Production Storage And Offloading(FPSO) Armada Perdana
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Some Important Information on Bumi Armada Berhad Listing in Bursa Malaysia
Company Name = Bumi Armada Berhad
Stock Name = ARMADA
Prospectus Date= 30/06/2011
Opening of Applications= 30/06/2011
Closing of Applications= 07/07/2011
Tentative Balloting Date= 11/07/2011
Tentative Allotment Date= 19/07/2011
Tentative Listing Date= 21/07/2011