ARMADA

0.305

-0.005 (-1.6%)

OTHERS UPDATE ON STATUS OF THE MEMORANDUM OF UNDERSTANDING ("MOU") RELATING TO THE PROPOSED MERGER BETWEEN BUMI ARMADA BERHAD ("BUMI ARMADA" OR "COMPANY") AND THE OFFSHORE BUSINESS OF MISC BERHAD ("MISC")

BUMI ARMADA BERHAD

Type Announcement
Subject OTHERS
Description
UPDATE ON STATUS OF THE MEMORANDUM OF UNDERSTANDING ("MOU") RELATING TO THE PROPOSED MERGER BETWEEN BUMI ARMADA BERHAD ("BUMI ARMADA" OR "COMPANY") AND THE OFFSHORE BUSINESS OF MISC BERHAD ("MISC")

Reference is made to the Company’s announcements dated 14 November 2024 and 28 February 2025 ("Announcements"). Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the Announcements.
 

The Board of Directors of Bumi Armada wishes to announce that the due diligence exercise with MISC is currently ongoing, pursuant to the MOU.   


This announcement is made in compliance with paragraph 9.29 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and further updates on the matter will be made from time to time in compliance with this requirement.

 

This announcement is dated 28 May 2025.






Announcement Info

Company Name BUMI ARMADA BERHAD
Stock Name ARMADA
Date Announced 28 May 2025
Category General Announcement for PLC
Reference Number GA1-26052025-00123