Pursuant to Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Bumi Armada Berhad ( Bumi Armada or the Company ) wishes to announce that its wholly-owned subsidiary, Bumi Armada Offshore Holdings Limited, has formed a wholly-owned subsidiary known as Armada Blue LLC ( Armada Blue ).
Armada Blue was formed in the United States of America on 2 April 2012 as a limited liability company in accordance with the laws of the State of Texas and will be principally involved in the offshore oil and gas marine services.
The formation of Armada Blue is not expected to have any material impact on the earnings or net assets of Bumi Armada Group for the financial year ending 31 December 2012.
None of the Directors and/or major shareholders of Bumi Armada and person connected to them has any interest, direct or indirect, in Armada Blue.
This announcement is dated 6 April 2012.