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MISC and Bumi Armada

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MISC HI RES LOGOMISC BERHAD (“MISC” or “the Company”)

KUALA LUMPUR – In response to recent market speculation, MISC wishes to state that the Company is not in any discussions with Bumi Armada Berhad on any potential transaction.

 

Issued on behalf of MISC Berhad by the Corporate Affairs & Customer Relationship Management (CACRM) Department of MISC Berhad.

About MISC Berhad

MISC Berhad (MISC), a subsidiary of PETRONAS, was incorporated in 1968 and is one of the world’s leading international energy shipping and maritime conglomerates.

The principal businesses of MISC comprises energy shipping and its related activities, owning and operating offshore floating solutions, marine repair and conversion, engineering and construction works as well as maritime education and training.

Its fleet consists of more than 110 owned and in-chartered LNG, Chemical and Petroleum vessels with additionally 15 floating facilities. The fleet has a combined capacity of 12 million dwt.

Aside from its shipping business, maritime education, training & innovation are a priority for the company and its Malaysian Maritime Academy (ALAM) is ranked amongst the top 10% in the world.

Operating a modern, well-diversified fleet and backed by a knowledgeable workforce made up of more than 10, 000 employees from all corners of the globe, MISC is committed to impart quality services to our customers, creating value for our stakeholders and contributing to the sustainability of the industry.

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