【ARMADA 5210 交流专区】布米亚马大

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icy97

FPSO盈利增 Bumi Armada次季净赚7821万
Surin Murugiah/theedgemarkets.com
August 30, 2019
https://www.theedgemarkets.com/article/fpso盈利增-bumi-armada次季净赚7821万

（吉隆坡30日讯）浮式生产储卸油船（FPSO）Armada Kraken和Armada Olombendo贡献提高，激励Bumi Armada Bhd第二季转亏为盈，净赚7821万令吉，上财年同期则净亏5亿8548万令吉。

Bumi Armada今日向大马交易所报备，截至6月杪次季营业额从6亿5404万令吉，跌至5亿3564万令吉，主要由于岸外海事服务（OMS）业务的收入下降。

每股盈利为1.33仙，同期则录得每股亏损9.97仙。

该集团在2019财政年首半年取得1亿4042万令吉的净利，同期则净亏5亿3706万令吉；营业额报10亿3000万令吉，低于同期的12亿5000万令吉。

Bumi Armada执行董事兼总执行长Gary Christenson在文告中表示，Armada Kraken次季表现明显改善，这有助于提振浮式生产营运（FPO）整体收入。

“岸外海事服务业务方面，岸外支援船（OSV）使用率显著改善，主要由于大马需求增加。然而，在里海的海底施工（SC）船舶继续寻找新合约。”

他指出：“该集团将在年内继续专注于之前着重的举措，即安全、营运绩效提升和各种金融效率，包括脱售特定资产。”

（编译：陈慧珊）

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2019	30 Jun 2018	30 Jun 2019	30 Jun 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	535,641	654,042	1,027,249	1,254,384
2	Profit/(loss) before tax	102,551	-584,775	172,329	-519,235
3	Profit/(loss) for the period	82,122	-592,209	143,477	-543,495
4	Profit/(loss) attributable to ordinary equity holders of the parent	78,208	-585,480	140,421	-537,063
5	Basic earnings/(loss) per share (Subunit)	1.33	-9.97	2.39	-9.15
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.5700		0.5700

icy97

业绩亏转盈 股价大热　阿玛达高负债成隐忧
财经 发布于 2019年09月03日
https://www.orientaldaily.com.my/news/business/2019/09/03/305001

（吉隆坡3日讯）业绩转亏为盈的布米阿玛达（ARMADA，5210，主板能源股），周二（3日）股价大热走高，惟部份分析员认为，该股负债率高企在2.7倍，仍是一个隐忧。

布米阿玛达周二收报25仙，跌0.5仙或1.96%，共有1亿9193万股易手，位居全场第2大热门股。

布米阿玛达2019财政年次季（截至6月30日止）转亏为盈，净赚7821万令吉；营业额则按年减少18.10%，至5亿3564万令吉。

上半年也转亏为盈， 净赚1 亿4042万令吉；营业额则按年走低18.11%，至10亿2725万令吉。

上修投资评级

尽管如此， 分析员普遍认为， 其亮眼的业绩表现符合预测。但马银行投行分析员表示，尽管上半年核心净利高于预期，促使该投行上修2019至2021财政年盈利37%至59%。但由于股价近期飙升，导致估值超出预期，加上负债高不但成为争取新合约的绊脚石，也限制其增长，分析员将评级从守住下修至卖出。

肯纳格研究分析员也认为，因“Armada Kraken”浮式生产储卸油轮（FPSO）营运复苏有助提升盈利表现，上半年符合预期；若正常营运将为下半年提供更稳定的盈利基础。“不过，该公司负债率达2.7倍，促使公司需在未来2年内积极筹备现金以维持营运表现。”

丰隆投行分析员则认为，该公司管理层表示短期内不会作出任何减值。同时， 岸外支援船（OSV）使用率有逐渐好转的趋势，这些都是有利的因素。银河联昌证券分析员也看好该股前景，受“Armada Kraken”逐步企稳、债务再融资后不再成为其风险，而上修该股投资评级。

与此同时，大众投行分析员也相信，明年可见更重大的盈利贡献，但下砍2019财政年盈利预测10.3%。

追踪该股的分析员中，有4家给予“买进”和“增持”投资评级，1家给予“中和”，另外2家分别给予“卖出”及“跑输大市”投资评级。

icy97

icy97 发表于 23-10-2018 05:03 AM

1.67亿售fpso-布米阿马达料赚2090万
https://www.enanyang.my/news/20190907/1-67亿售fpso-br布米阿马达料赚2090万/

Type	Announcement
Subject	OTHERS
Description	BUMI ARMADA BERHAD- SALE OF THE ARMADA PERDANA FPSO
We refer to the announcements made by Bumi Armada Berhad (“Bumi Armada” or the “Company”) on 21 June 2017, 9 August 2017, 5 October 2017, 17 April 2018 and 22 October 2018 in relation to the Armada Perdana FPSO. Armada Oyo Limited (“AOL”), a wholly-owned subsidiary of Bumi Armada has entered into an agreement with Century Energy Services Limited (“CESL”) for the sale of the Armada Perdana FPSO for a consideration of USD40 million (“Purchase Price”) (hereinafter referred to as the “Transaction”). CESL plans to redeploy the vessel to another field in Nigeria. The payment of the Purchase Price shall be made in the following manner: A deposit of USD5.5 million to be paid by CESL to AOL of which USD4.5 million has been paid and the remaining USD1.0 million to be payable before the end of 2019. USD11.6 million shall be fully and finally settled against amounts owing by the companies within the Bumi Armada Group (the “Group”) to CESL as at 31 July 2019. Additional vessel expenses from 1 August 2019 up to the date the vessel is delivered (the “Delivery Date”) which CESL incurs on behalf of the Group, will also be set off against the Purchase Price; USD5 million on or before the earlier of 6 months after the Delivery Date or when oil is first produced in the field to which the vessel is deployed (the “First Oil Date); and The remaining balance of USD17.9 million shall be payable within 2 years from the First Oil Date. To secure the unpaid portion of the Purchase Price, Bumi Armada shall hold a mortgage over the Armada Perdana FPSO. The conclusion of the sale of the Armada Perdana FPSO will absolve the Group from its demobilisation obligations. The Group will recognise the unpaid portion of the Purchase Price as and when funds are received from CESL. The gain to be recognised in the financial statements for the financial year ending 31 December 2019 will be approximately USD5.0 million. This announcement is dated 6 September 2019.

icy97

高负债忧虑·阿玛达恐需售产筹资
https://www.sinchew.com.my/content/content_2111864.html

（吉隆坡5日讯）阿玛达（ARMADA,5210,主板能源组）上半年净利按年增长43%，至1亿5100万令吉，分析员认为业绩虽已经改善，然而高负债比令人担忧，若获偿付2.8亿美元赔偿则是潜在催化剂。

2.8亿美元赔偿潜在催化剂

马银行研究认为其高负债令人担忧，债务达8.8倍和净负债比2.7倍，有必要采取行动减债、资产套现，增加岸外船艇使用率和抑低成本，获取新订单才能扩展盈利可见度。

大众研究预期浮式生产储油船Claire索偿2亿8350万美元（约10亿令吉），料今年第四季才可获判决和获解决。

肯纳格研究认为阿玛达未来两年仍急需现金，才不致继续沉落。总体而言，对阿玛达保持谨慎，认为近期股价上涨是受短期正面因素驱动。

阿玛达业绩改善虽然一如大众研究预期，然而下财政年浮式生产储油船Kraken号才能显著贡献盈利。截至次季订单有189亿令吉，其中99亿令吉订单可延长。

或售更多船只

大众说，次季脱售2艘岸外油气服务船，使今年所脱售船只增至4艘，未来几季将有更多脱售。

艾芬黄氏研究预期，所获2.84亿美元赔偿可料可用于印度的浮式生产储油船计划。

联昌研究则指出，阿玛达有能力偿付重组后的6.6亿美元短期企业债，偿付期达2至5年。

联昌认为，阿玛达也可筹集新计划融资，或脱售浮式生产储油船、岸外工作船套现。



作者 ： 张启华
文章来源 ： 星洲日报 2019-09-06

icy97

布米阿马达-卖油轮后还需筹资
https://www.enanyang.my/news/20190910/【视频】布米阿马达-卖油轮后还需筹资/

icy97

售非核心资产减债　阿玛达降成本开销
财经 发布于 2019年09月10日
https://www.orientaldaily.com.my/news/business/2019/09/10/305910

（吉隆坡10日讯）由于脱售非核心资产套现的策略奏效，市场分析员认为布米阿玛达（ARMADA，5210，主板能源股）负债率将获得改善，也有助减少成本开销，并上调其投资评级及财测。

布米阿玛达周二受投资者热烈热捧，全天升3仙或11.76%，闭市报28.5令吉，成交量达2亿2207万股，是全场最大热门股。

该公司上周五宣布， 旗下Armada Oyo公司以4000万美元（ 约1 亿6761万令吉） 脱售“Armada Perdana”浮式生产储卸油船（FPSO）予Century能源服务公司，后者将把油船运往位于尼泊尔的一座油田。

Armada Perdana自尼泊尔艾琳石油公司2017年宣布破产后，其营运便一直停摆至今。该公司预测，这项脱售将为2019财政年（截至12月31日止）带来一笔500万美元（约2095万令吉）的盈利。

大部份分析员认为，这项脱售符合他们的预期，他们也看好这将减低布米阿玛达债务及提高成本效益。

其中， 兴业投行分析员预计，布米阿玛达每年料将为此省下2000万令吉至3000万令吉的开销。因此，他将该公司的2019至2020财政年的盈利预测上调20.4%及5.8%。

“我们对布米阿玛达的非核心资产脱售策略保持正面看法，但大部份脱售收益都是后期才会分阶段进账。”

负债率高居不下

不过，马银行投行分析员强调，布米阿玛达高居不下的负债率依然是棘手的问题，其负债对扣除利息、税项、摊销及折旧前盈利的比例高达8倍，净负债86亿令吉，或将成为项目招标及未来成长的绊脚石。

同时，兴业投行分析员则认为，尽管负债率偏高，但得益于4月一笔债务再融资，有效地提高其现金流。

同时，在脱售策略、岸外支援船（OSV）使用率增加，以及与Woodside Energy Julimar打官司有望获胜，并取得将近2亿8400万美元（约11亿8500万令吉）的索赔之下，该公司的现金状况将继续获得支撑。

另一边厢，受惠于A r m a d aKraken及Armada Olembendo贡献增加，MIDF研究乐观看待浮式生产储卸油船的前景，惟岸外支援船业务依然面对挑战，但次季的使用率已见好转迹象。总括来说，该公司手持订单高达189亿令吉，可选择续约的订单也多达99亿令吉。

兴业投行将布米阿玛达的评级从“中和”上修至“买进”，目标价也从3 3仙调高至3 4仙；马银行投行维持其“卖出”评级和20仙目标价；MIDF研究则维持“买进”评级和38仙目标价。

icy97

Type	Announcement
Subject	OTHERS
Description	BUMI ARMADA BERHAD - FINANCING COMMITMENTS FOR AN AGGREGATE PRINCIPAL OF UP TO USD75 MILLION FROM MEZZANINE EQUITIES N.V. FOR PROJECTS IN INDIA AND MALTA ("FACILITIES")
A. INTRODUCTION Bumi Armada Berhad ("Bumi Armada" or the "Company") wishes to announce that its wholly-owned subsidiaries, Bumi Armada 98/2 Holdings Pte. Ltd. ("BA98/2") and Armada Floating Gas Storage Malta Ltd. ("AFGSM"), have received financing commitments with respect to an aggregate principal of up to USD75 million from Mezzanine Equities N.V. ("MENV"), a wholly-owned subsidiary of Usaha Tegas Sdn. Bhd. ("UTSB"), comprising: (a) an up to USD30 million (RM128 million) 3-year term loan facility made available by MENV to BA98/2 pursuant to a Facility Agreement between MENV and BA98/2 ("BA98/2 Facility"); and (b) an up to USD45 million (RM189 million) 6-year term loan facility commitment to AFGSM pursuant to a Letter of Offer from MENV ("AFGSM Facility"). B. BA98/2 FACILITY 1. Information on BA98/2 BA98/2 is a company incorporated in Singapore and its principal activities are investment holding and management consulting (including engineering and corporate services). 2. Information on the BA98/2 Facility 2.1 The purpose of the BA98/2 Facility is to fund Bumi Armada’s 30% equity interest in a joint-venture project with Shapoorji Pallonji Oil & Gas Pte. Ltd. ("SPOG"), in connection with the charter and operation of a floating production storage and offloading facility ("FPSO") for deployment at NELP Block KG – DWN 98/2 Development Project Cluster-II field located on the east coast of Kakinada, offshore India ("Project"). 2.2 Security for the BA98/2 Facility is based on Bumi Armada’s 30% interest in the Project ("Security"). Enforcement of the Security will be subject to compliance with the relevant regulatory requirements (in particular those applicable to related party transactions), including the approval of Bumi Armada shareholders (if required at the time), and/or other relevant consents being obtained. 2.3 In addition, MENV has been granted options to acquire Bumi Armada’s 30% interest in the Project at fair market value as determined by an independent valuer ("Options").  The Options may be exercised by MENV at any time within 36 months from the date of grant or until the BA98/2 Facility has been fully repaid, whichever is longer. Any acquisition of interest arising from an exercise of the Options is on the basis that Bumi Armada will comply with the relevant regulatory requirements (in particular those applicable to related party transactions). As such, the exercise of the Options is subject to the approvals of Bumi Armada shareholders (if required at the time) and/or other relevant consents being obtained. The process for the exercise of the Options is no different than the process for an acquisition of shares by another related party in that the latter would also be subject to the approvals of Bumi Armada shareholders (if required at the time) and/or other relevant consents being obtained. Bumi Armada may sell its interest in the Project to any third party during the Option period, subject to obtaining MENV’s consent (in addition to any other consent required under applicable law or contractual requirement), and MENV is required to act reasonably in considering whether to provide such consent. All proceeds arising from a valid exercise of the Options must be applied towards repayment of the BA98/2 Facility. C. AFGSM FACILITY 1. Information on AFGSM AFGSM is a company incorporated in Malta and its principal activities are ship owning, chartering and provisioning of marine support and other services to offshore oil and gas companies. AFGSM owns a floating storage unit ("Malta FSU") which is currently servicing a long term charter contract (with remaining charter period of 16 years) with ElectroGas Malta Ltd. The Malta FSU has been operating since 2017. 2. Information on the AFGSM Facility The AFGSM Facility is intended for the refinancing of AFGSM’s existing USD45 million bridge loan facility for the Malta FSU and is expected to require security over certain project assets, including a mortgage over the Malta FSU and an assignment over AFGSM’s rights under the Malta FSU charter contract. A further announcement will be made upon AFGSM and MENV concluding the definitive financing and security documents for the AFGSM Facility. D. EFFECTS OF THE FACILITIES Issued and Paid-up Share Capital and Substantial Shareholding The Facilities will not have any effect on the issued and paid-up share capital of Bumi Armada or the substantial shareholders’ shareholdings in Bumi Armada. Earnings The Facilities are not expected to have any material effect on the earnings of Bumi Armada for the financial year ending 31 December 2019. Net Assets and Gearing The Facilities are not expected to have any material effect on the net assets and gearing of the Bumi Armada Group based on its latest audited consolidated balance sheet as at 31 December 2018. E. DIRECTORS AND MAJOR SHAREHOLDER’S INTERESTS Save as disclosed below, none of the Directors and/or Major Shareholders of the Company or persons connected with them have any interest, direct or indirect in the Facilities. MENV is wholly-owned subsidiary of UTSB, which is an indirect major shareholder of the Company via Objektif Bersatu Sdn Bhd (“OBSB”). OBSB is a major shareholder of Bumi Armada with 34.9% shareholding as at 30 August 2019. MENV is a related party to Bumi Armada as MENV is a subsidiary of UTSB, a major shareholder of Bumi Armada. Mr. Chan Chee Beng and Ms. Maureen Toh Siew Guat are Non-Independent Non-Executive Directors of Bumi Armada and nominees of UTSB. In addition, Ms. Toh is also a director of UTSB. Mr. Chan Chee Beng and Ms. Maureen Toh Siew Guat have abstained from deliberations and voting on matters relating to the Facilities at the relevant Board and committee meetings of Company. F. AUDIT COMMITTEE’S STATEMENT Our Audit Committee, after having considered all aspects of the Facilities including its rationale, is of the opinion that the Facilities are (a) in the best interests of Bumi Armada, (b) fair, reasonable and on commercial terms, and (c) not detrimental to the interests of Bumi Armada’s minority shareholders. G. DIRECTORS’ RECOMMENDATION The Board of Directors of Bumi Armada is of the opinion that the Facilities are in the best interests of the Company. This announcement is dated 26 September 2019.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2019	30 Sep 2018	30 Sep 2019	30 Sep 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	527,813	588,047	1,555,062	1,842,431
2	Profit/(loss) before tax	160,008	-514,192	332,337	-1,033,427
3	Profit/(loss) for the period	151,486	-513,365	294,963	-1,056,860
4	Profit/(loss) attributable to ordinary equity holders of the parent	153,373	-502,827	293,794	-1,039,890
5	Basic earnings/(loss) per share (Subunit)	2.61	-8.56	5.00	-17.71
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.5900		0.5700

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2019

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2019	31 Dec 2018	31 Dec 2019	31 Dec 2018
		$$'000	$$'000	$$'000	$$'000

1	Revenue	515,643	576,308	2,070,705	2,418,739
2	Profit/(loss) before tax	-250,146	-1,263,445	82,191	-2,296,872
3	Profit/(loss) for the period	-256,805	-1,262,288	38,158	-2,319,148
4	Profit/(loss) attributable to ordinary equity holders of the parent	-235,176	-1,262,879	58,618	-2,302,769
5	Basic earnings/(loss) per share (Subunit)	-4.00	-21.51	1.00	-39.22
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.5500		0.5700

icy97

Type	Announcement
Subject	OTHERS
Description	BUMI ARMADA BERHAD- EXTENSION OF CONTRACT FOR THE CHARTER HIRE OF ARMADA STERLING FPSO IN INDIA
Bumi Armada Berhad (“Bumi Armada” or the “Company”) wishes to announce that its jointly controlled entity, Shapoorji Pallonji Bumi Armada Offshore Private Limited (“SPBAOPL”) recently received notification from Oil and Natural Gas Corporation Limited ("ONGC") of India, about their intention to extend the charter hire of a Floating Production, Storage and Offloading Vessel ("Armada Sterling FPSO") from 20 April 2020. According to ONGC, approval for formalisation of the contract extension has been delayed due to the COVID-19 lockdown in India. In the meantime, ONGC has requested SPBAOPL to process the case with relevant authorities for obtaining permits/ extension to ensure continuity of operations at site. Under the original contract signed on 10 August 2011, Armada Sterling FPSO was chartered by ONGC to operate in the ONGC D1 field located 200km off the west coast of Mumbai, India under a seven-year firm Time Charter, with six annual extension options. The original seven-year firm charter expires on 19 April 2020. SPBAOPL is a 49% less 1 share: 51% plus 1 share joint venture between Bumi Armada and Shapoorji Pallonji Oil and Gas Private Limited of India. ONGC is India's state-owned oil company listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Ltd (NSE). FINANCIAL EFFECTS The contract extension is expected to contribute positively to the future earnings of Bumi Armada Group. RISKS ASSOCIATED WITH THE CONTRACT The risks associated with the contract extension are normal operational risks which can be mitigated through Bumi Armada's system of asset management and business controls. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTERESTS None of the Directors and/or major shareholders of the Company or persons connected with them have any interest, direct or indirect in the said contract extension. This announcement is dated 15 April 2020.

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 31 Mar 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Mar 2020	31 Mar 2019	31 Mar 2020	31 Mar 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	552,618	491,608	552,618	491,608
2	Profit/(loss) before tax	-214,215	69,778	-214,215	69,778
3	Profit/(loss) for the period	-219,547	61,355	-219,547	61,355
4	Profit/(loss) attributable to ordinary equity holders of the parent	-223,967	62,213	-223,967	62,213
5	Basic earnings/(loss) per share (Subunit)	-3.81	1.06	-3.81	1.06
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.5100		0.5500

pts2222

SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2020	30 Jun 2019	30 Jun 2020	30 Jun 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	606,796	535,641	1,159,414	1,027,249
2	Profit/(loss) before tax	114,754	102,551	-99,461	172,329
3	Profit/(loss) for the period	109,364	82,122	-110,183	143,477
4	Profit/(loss) attributable to ordinary equity holders of the parent	119,774	78,208	-104,193	140,421
5	Basic earnings/(loss) per share (Subunit)	2.04	1.33	-1.77	2.39
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.5100		0.5500

https://www.enanyang.my/%E8%B4%A ... F%E4%BB%A4%E5%90%89

icy97

icy97 发表于 26-5-2020 08:09 AM

Type	Announcement
Subject	OTHERS
Description	BUMI ARMADA BERHAD - ONGC CONTRACT FOR ARMADA STERLING FPSO IN INDIA
This announcement is related to the announcement made on 15 April 2020 by Bumi Armada Berhad (“Bumi Armada”) on the extension of contract for the charter hire of the Armada Sterling Floating Production, Storage and Offloading vessel ("Armada Sterling FPSO") by Oil and Natural Gas Corporation Limited (“ONGC”) of India. Bumi Armada’s jointly controlled entity, Shapoorji Pallonji Bumi Armada Offshore Private Limited (“SPBAOPL”) has since been informed by ONGC that the Armada Sterling FPSO extension contract will expire on 24 September 2020. Armada Sterling FPSO has been operating in the ONGC D1 field located 200km off the west coast of Mumbai, India since April 2013. This announcement is dated 25 September 2020.

icy97

Type	Announcement
Subject	OTHERS
Description	BUMI ARMADA BERHAD - BUMI ARMADA JOINT VENTURE SECURES FIXED 10-YEAR OPERATION & MAINTENANCE CONTRACT IN INDIA
Bumi Armada Berhad (“Bumi Armada”) wishes to announce that its joint-venture company, Shapoorji Pallonji Armada Oil & Gas Services Pte Ltd (India) (“SPAOGSPL”) has received a Notification of Award from Oil and Natural Gas Corporation Limited ("ONGC") of India for the operation and maintenance (“O&M Contract”) of the Armada Sterling Floating Production, Storage and Offloading vessel ("Armada Sterling FPSO") to be operated in the ONGC D1 field located 200km off the west coast of Mumbai, India. INFORMATION ON THE O&M CONTRACT The O&M Contract is for a fixed period of 10 years with an annual option to extend the charter for up to 5 additional years. The fixed 10-year firm O&M Contract has an estimated total value of INR9.2 billion (approximately RM520 million). The new O&M Contract will be effective from 25 September 2020. SPAOGSPL is 60%:40% owned by Shapoorji Pallonji Oil & Gas Pte Ltd (“SPOGPL”) and Bumi Armada (Singapore) Pte Ltd, a wholly-owned subsidiary of Bumi Armada. ONGC is India's state-owned oil company listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Ltd (NSE). FINANCIAL EFFECTS The O&M Contract is expected to contribute positively to the future earnings of Bumi Armada Group during its tenure. RISKS ASSOCIATED WITH THE O&M CONTRACT The risks associated with the O&M Contract are normal operational risks on the vessel’s efficiency and reliability in terms of vessel performance, people capability as well as Health Safety Security Environment and Quality performance. These risks can be mitigated through Bumi Armada's system of project management and internal business controls as well as past experience with the same joint venture partner for several FPSOs in India. DIRECTORS AND MAJOR SHAREHOLDER’S INTERESTS None of the Directors and/or Major Shareholders of the Company or persons connected with them have any interest, direct or indirect in the O&M Contract. This announcement is dated 25 September 2020. *Based on the exchange rate of INR1 : RM0.056585 on 24 September 2020 as set out in Bank Negara Malaysia’s website.

icy97

Type	Announcement
Subject	OTHERS
Description	BUMI ARMADA BERHAD - BUMI ARMADA JOINT VENTURE SECURES FIXED 10-YEAR BBC CONTRACT FOR ARMADA STERLING FPSO IN INDIA
Bumi Armada Berhad (“Bumi Armada”) wishes to announce that its joint-venture company Armada D1 Pte Ltd (Singapore) (“AD1”) has received a Notification of Award from Oil and Natural Gas Corporation Limited ("ONGC") of India for the bareboat charter lease (“BBC Contract”) of the Armada Sterling Floating Production, Storage and Offloading vessel ("Armada Sterling FPSO") to be operated in the ONGC D1 field located 200km off the west coast of Mumbai, India. INFORMATION ON THE BBC CONTRACT The BBC Contract is for a fixed period of 10 years with an annual option to extend the BBC Contract for up to 5 additional years. The fixed 10-year firm BBC Contract has an estimated total value of USD370 million (approximately RM1.54 billion). The BBC Contract will be effective from 25 September 2020. AD1 is 51%:49% owned by Shapoorji Pallonji Oil & Gas Pte Ltd (“SPOGPL”) and Bumi Armada. ONGC is India's state-owned oil company listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Ltd (NSE). FINANCIAL EFFECTS The BBC Contract is expected to contribute positively to the future earnings of Bumi Armada Group during its tenure. RISKS ASSOCIATED WITH THE BBC CONTRACT The risks associated with the BBC Contract are normal operational risks on the vessel’s efficiency and reliability in terms of vessel performance, people capability as well as Health Safety Security Environment and Quality performance. These risks can be mitigated through Bumi Armada's system of project management and internal business controls as well as past experience with the same joint venture partner for several FPSOs in India. DIRECTORS AND MAJOR SHAREHOLDER’S INTERESTS None of the Directors and/or Major Shareholders of the Company or persons connected with them have any interest, direct or indirect in the BBC Contract. This announcement is dated 25 September 2020. *Based on the exchange rate of USD1 : RM4.1635 on 24 September 2020 as set out in Bank Negara Malaysia’s website.

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2020

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2020	30 Sep 2019	30 Sep 2020	30 Sep 2019
		$$'000	$$'000	$$'000	$$'000

1	Revenue	564,437	527,813	1,723,852	1,555,062
2	Profit/(loss) before tax	88,719	160,008	-10,743	332,337
3	Profit/(loss) for the period	87,324	151,486	-22,860	294,963
4	Profit/(loss) attributable to ordinary equity holders of the parent	85,619	153,373	-18,575	293,794
5	Basic earnings/(loss) per share (Subunit)	1.46	2.61	-0.32	5.00
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.5200		0.5500

icy97

SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2021

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Sep 2021	30 Sep 2020	30 Sep 2021	30 Sep 2020
		$$'000	$$'000	$$'000	$$'000

1	Revenue	545,703	564,437	1,723,962	1,723,852
2	Profit/(loss) before tax	165,377	88,719	462,993	-10,743
3	Profit/(loss) for the period	161,521	87,324	445,016	-22,860
4	Profit/(loss) attributable to ordinary equity holders of the parent	153,414	85,619	456,065	-18,575
5	Basic earnings/(loss) per share (Subunit)	2.60	1.46	7.74	-0.32
6	Proposed/Declared dividend per share (Subunit)	0.00	0.00	0.00	0.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	0.6400		0.5300

icy97

Type	Announcement
Subject	OTHERS
Description	PRESS RELEASE - BUMI ARMADA BERHAD SIGNS NON-BINDING AGREEMENT WITH PT PERTAMINA INTERNATIONAL SHIPPING AND PT DAVENERGY MULIA PERKASA FOR THE DEVELOPMENT AND COMMERCIALIZATION OF LIQUEFIED NATURAL GAS.
Please refer to the attached press release in relation to the above matter. This announcement is dated 13 September 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3384987

Attachments Press Release - Madura FLNG HoA Announcement.pdf

icy97

Type	Announcement
Subject	OTHERS
Description	Bumi Armada Berhad- Signed Production Sharing Contract for Akia exploration block in the North Kalimantan Province, Indonesia
Bumi Armada Berhad (“Bumi Armada”), wishes to announce that its wholly owned subsidiary Armada Akia B.V (“AABV”) (as Operator with 51% participating interest) and its co-bidder, Pexco Tarakan NV (“Pexco”) (with 49% participating interest), have signed a Production Sharing Contract with the Ministry of Energy and Mineral Resources of Indonesia for the Akia PSC in the Tarakan Basin, North Kalimantan Province ("PSC"). The Akia PSC covers an area of 8,394 square kilometers and contains the Aster and Tulip oil and gas discoveries. The Tulip discovery has an estimated recoverable resource of 860 BCF of gas and 60 MMboe of oil and condensate. Plans are to acquire new 3D seismic over the Tulip discovery to evaluate the potential for a fast-track development. The water depth at the Tulip discovery is 800m and Bumi Armada would provide and operate an FPSO and an FLNG or gas pipeline for the development. This leverages Bumi Armada’s core expertise of providing and operating floating production systems. The Pexco Group is an independent upstream exploration and production group of companies. It currently operates two Production Sharing Contracts in Indonesia. The AABV and Pexco consortium signing the PSC is a related party arrangement. Objektif Bersatu Sdn Bhd ("OBSB"), a wholly owned subsidiary of Usaha Tegas Sdn Bhd ("UTSB"), has a direct 34.61% interest in Bumi Armada. Tatparanandam Anantha Krishnan is a major shareholder of Bumi Armada (by virtue of his deemed interest through, inter alia, UTSB and OBSB), and also holds a 100% indirect interest in Pexco. No related party transaction announcement is required to be made by Bumi Armada at this stage as the relevant percentage ratio has not been exceeded. The announcement is dated 25 September 2023.

icy97

Type	Announcement
Subject	OTHERS
Description	BUMI ARMADA BERHAD - PRESS RELEASE - ABS AWARDS AIP TO BUMI ARMADA FOR INNOVATIVE FLNG SOLUTION
Please refer to the attached press release in relation to the above matter. The announcement is dated 11 October 2023.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3391846

Attachments Press Release - FLNG AIP.pdf