Bumi Armada Berhad has an accrual ratio of -0.11 for the year to March 2025. Therefore, its statutory earnings were quite a lot less than its free cashflow. In fact, it had free cash flow of RM1 ...

Bumi Armada Berhad has an accrual ratio of -0.11 for the year to March 2025. Therefore, its statutory earnings were quite a lot less than its free cashflow. In fact, it had free cash flow of RM1.6b in ...

Even though Bumi Armada Berhad's (KLSE:ARMADA) recent earnings release was robust, the market didn't seem to notice. We think that investors have missed some encouraging factors underlying the ...

PETALING JAYA: Analysts are positive about Bumi Armada Bhd ’s third quarter of financial year 2024 (3Q24) results, while anticipating its potential merger with MISC Bhd ’s offshore business unit.

A Bumi Armada floating production, storage and offloading (FPSO) facility. Bumi Armada—an oil field services company backed by Malaysian tycoon Ananda Krishan—is exploring a potential merger ...

A potential transaction will likely involve a share swap that will give MISC a significant minority stake in Bumi Armada. Malaysian tycoon T Ananda Krishnan owns 34.6% of Bumi Armada through ...

Bumi Armada Bhd., an oil field services provider controlled by Malaysian tycoon T. Ananda Krishnan, is considering buying MISC Bhd.’s offshore energy business, according to people with knowledge ...

(Bloomberg) — Bumi Armada Bhd., an oil field services provider controlled by Malaysian tycoon T. Ananda Krishnan, is considering buying MISC Bhd.’s offshore energy business, according to people with ...

Discussions surrounding Malaysian shipping giant MISC’s potential acquisition of compatriot floating production, storage and offloading vessel contractor Bumi Armada have resurfaced, with ...

LONDON, July 24, 2024 (GLOBE NEWSWIRE) -- Navigator Holdings Ltd. (hereinafter referred to as “Navigator Gas”) (NYSE: NVGS) and Bumi Armada Berhad (“Bumi Armada”) announced today that ...

Malaysian business publication The Edge Weekly had reported that MISC — a 51% subsidiary of the nation’s energy behemoth Petronas – was in talks with shareholders of Bumi Armada and could ...

Shares of Bumi Armada jumped after local media reported that energy-shipping business MISC could be considering acquiring a substantial stake in the company. Shares of the Malaysia-based offshore ...