You are here

Bumi Armada slips 21% on termination of FPSO vessel contract

33090667 - 02_11_2014 - agtopline3.jpg
BUMI Armada Bhd plunged 21 per cent to 79 sen on Monday after it announced that Woodside Energy Julimar Pty Ltd had terminated the charter of an FPSO unit mid-term, prompting investor concerns over the impact to its earnings.

Kuala Lumpur

BUMI Armada Bhd plunged 21 per cent to 79 sen on Monday after it announced that Woodside Energy Julimar Pty Ltd had terminated the charter of an FPSO unit mid-term, prompting investor concerns over the impact to its earnings.

The Malaysia-based international offshore

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom