Analyst Research Report Snapshot


Flash Note – Perdana Petroleum (ADD, under review) - Fifth barge acquisition in a year




Affin Hwang Investment Bank Bhd


23 Jul 2013





Companies referenced:


Available for Immediate Download

Acquiring another accommodation work barge for US$29.5m Perdana Petroleum announced that the group had on 22 July 2013 entered into a memorandum of agreement with Nam Cheong International Ltd for the acquisition of 1 unit of 100m accommodation work barge for US$29.5m cash (approximately RM93.8m). Perdana will pay 20% of the total purchase consideration (US$5.9m) as deposit and the balance (US$23.6m) upon delivery of the vessel in 3Q2014.

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.