Bumi Armada slides 4.3pc
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Bumi Armada slides 4.3pc
KUALA LUMPUR: Bumi Armada Bhd, an offshore oilfield services provider, slid 4.3 per cent to RM4.04, on course for its steepest decline since Sept. 26.
Malaysian tycoon T. Ananda Krishnan may sell 600 million shares valued at about US$825 million in the company, Reuters reported, citing an unidentified person familiar with the deal.
Bumi Armada Chief Executive Officer Hassan Basma is overseas and unavailable for comment when called at his office today.- Bloomberg
Malaysian tycoon T. Ananda Krishnan may sell 600 million shares valued at about US$825 million in the company, Reuters reported, citing an unidentified person familiar with the deal.
Bumi Armada Chief Executive Officer Hassan Basma is overseas and unavailable for comment when called at his office today.- Bloomberg
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