【ARMADA 5210 交流专区】布米亚马大

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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.

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SUMMARY OF KEY FINANCIAL INFORMATION 30 Jun 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		30 Jun 2024	30 Jun 2023	30 Jun 2024	30 Jun 2023
		$$'000	$$'000	$$'000	$$'000

1	Revenue	578,859	441,324	1,214,397	985,311
2	Profit/(loss) before tax	270,233	105,897	540,464	305,927
3	Profit/(loss) for the period	268,455	107,135	531,563	303,049
4	Profit/(loss) attributable to ordinary equity holders of the parent	265,958	118,770	506,502	319,780
5	Basic earnings/(loss) per share (Subunit)	4.49	2.01	8.55	5.40
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 ($$)	1.0500		0.9400

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SUMMARY OF KEY FINANCIAL INFORMATION 31 Dec 2024

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31 Dec 2024	31 Dec 2023	31 Dec 2024	31 Dec 2023
		MYR'000	MYR'000	MYR'000	MYR'000

1	Revenue	532,963	622,983	2,299,220	2,133,089
2	Profit/(loss) before tax	-94,865	-174,828	646,139	296,142
3	Profit/(loss) for the period	-76,188	-174,763	656,207	293,037
4	Profit/(loss) attributable to ordinary equity holders of the parent	-83,832	-165,487	633,998	332,059
5	Basic earnings/(loss) per share (Subunit)	-1.41	-2.80	10.70	5.61
6	Proposed/Declared dividend per share (Subunit)	1.00	0.00	1.00	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	1.0200		0.9400

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BUMI ARMADA BERHAD

Entitlement subject	Interim Dividend
Entitlement description	Interim single-tier tax-exempt dividend of 1 sen per ordinary share in respect of the financial year ended 31 December 2024
Ex-Date	19 Mar 2025
Entitlement date	20 Mar 2025
Entitlement time	05:00 PM
Financial Year End	31 Dec 2024
Period
Share transfer book & register of members will be	to  closed from (both dates inclusive) for the purpose of determining the entitlement
Payment Date	11 Apr 2025
a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers	20 Mar 2025
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)
Entitlement indicator	Currency
Announced Currency	Malaysian Ringgit (MYR)
Disbursed Currency	Malaysian Ringgit (MYR)
Entitlement in Currency	Malaysian Ringgit (MYR) 0.0100

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Type	Announcement
Subject	OTHERS
Description	BUMI ARMADA BERHAD - BUMI ARMADA JOINT VENTURE SECURES FIXED 3-YEAR BAREBOAT CHARTER FOR ARMADA STERLING II FPSO IN INDIA
INTRODUCTION The Board of Directors of Bumi Armada Berhad ("Bumi Armada" or the "Company") wishes to announce that its joint-venture company Armada C7 Pte Ltd ("AC7") has received a Notification of Award from Oil and Natural Gas Corporation Limited ("ONGC") of India, effective from 8 March 2025, for the bareboat charter lease of the Armada Sterling II Floating Production, Storage and Offloading vessel ("Armada Sterling II FPSO") without operator, for deployment at the ONGC Cluster-7 Field located off the west coast of Mumbai, India ("Bareboat Charter Award"). The terms and conditions of the Bareboat Charter Award are being finalised into a Bareboat Charter contract to be signed by ONGC and AC7. INFORMATION ON THE BAREBOAT CHARTER The Bareboat Charter becomes effective from 8 March 2025, for a fixed period of 3 years with an annual option to extend for up to 3 additional years. The fixed 3-year firm period under the Bareboat Charter has an estimated total value of USD101.9 million (approximately RM451.4 million). AC7 is 51%:49% owned by Shapoorji Pallonji Energy Pvt Ltd and Bumi Armada Offshore Holdings Limited, 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 Bareboat Charter is expected to contribute positively to the future earnings of Bumi Armada Group during its tenure. The Bareboat Charter will not have any effect on the share capital and substantial shareholders’ shareholding of the Company. RISKS ASSOCIATED WITH THE BBC CONTRACT The risks associated with the Bareboat Charter are expected to be normal operational risks on the efficiency and reliability of the Armada Sterling II FPSO 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. APPROVALS REQUIRED The Bareboat Charter is not subject to the approval of the shareholders of Bumi Armada. Save for ONGC’s agreement on its terms, the Bareboat Charter contract is not subject to any approvals or consents of any other authorities. 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 Bareboat Charter. STATEMENT BY DIRECTORS The Board of Directors of Bumi Armada, after having considered all aspects of the Bareboat Charter, is of the opinion that the Bareboat Charter is in the best interest of the Company. This announcement is dated 7 March 2025. *    Based on the exchange rate of USD1 : RM4.4295 on 7 March 2025 as set out in Bank Negara Malaysia’s website.

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Type	Announcement
Subject	OTHERS
Description	BUMI ARMADA BERHAD - BUMI ARMADA JOINT VENTURE SECURES FIXED 3-YEAR OPERATION & MAINTENANCE CONTRACT FOR ARMADA STERLING II FPSO IN INDIA
INTRODUCTION The Board of Directors of Bumi Armada Berhad ("Bumi Armada" or the "Company") 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, effective from 8 March 2025, for the operation and maintenance (“O&M”) of the Armada Sterling II Floating Production, Storage and Offloading vessel ("Armada Sterling II FPSO") deployed at the ONGC Cluster-7 Field located off the west coast of Mumbai, India ("O&M Award"). The terms and conditions of the O&M Award are being finalised into an O&M contract to be signed by ONGC and SPAOGSPL. INFORMATION ON THE O&M The O&M is effective from 8 March 2025, for a fixed period of 3 years with an annual option to extend the charter for up to 3 additional years. The fixed 3-year firm O&M period has an estimated total value of INR2.5 billion (approximately RM127.0 million). SPAOGSPL is 60%:40% owned by Shapoorji Pallonji Energy Pvt Ltd 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 is expected to contribute positively to the future earnings of Bumi Armada Group during its tenure. The O&M will not have any effect on the share capital and substantial shareholders’ shareholding of the Company. RISKS ASSOCIATED WITH THE O&M The risks associated with the O&M are expected to be normal operational risks on the efficiency and reliability of the Armada Sterling II FPSO 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. APPROVALS REQUIRED The O&M is not subject to the approval of the shareholders of Bumi Armada. Save for ONGC’s agreement on the terms of the O&M contract, the O&M is not subject to any approvals or consents of any other authorities. 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. STATEMENT BY DIRECTORS The Board of Directors, after having considered all aspects of the O&M, is of the opinion that the O&M is in the best interest of the Company. This announcement is dated 7 March 2025. *    Based on the exchange rate of INR100 : RM5.0806 on 7 March 2025 as set out in Bank Negara Malaysia’s website.