【ARMADA 5210 交流专区】布米亚马大

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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

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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

icy97

Type	Announcement
Subject	OTHERS
Description	Bumi Armada Berhad - Signed Production Sharing Contract for Akia exploration block in the North Kalimantan Province, Indonesia
Reference is made to the announcement made by Bumi Armada Berhad (“Bumi Armada”) on 25 September 2023 on the Akia Production Sharing Contract (“Akia PSC”). Bumi Armada wishes to announce that in relation to the Akia PSC, its wholly owned subsidiary Armada Akia B.V (“AABV”) (as Operator with 51% participating interest in the Akia PSC) and Pexco Tarakan N.V. (“Pexco”) (with 49% participating interest in the Akia PSC) have entered into a Joint Operating Agreement (“JOA”) forming a joint venture consortium on a 50:50 economic basis. The JOA 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 Ananda 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 12 October 2023.