News

Retirement of Key Executive

We announced the retirement of our President & Group CEO, Dato Mazlin Junid, who will continue to serve as a member of our Board in a non-executive capacity.
  • 1 Jul, 2014
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Listing Approval for Reach Energy

Reach Energy Berhad, a SPAC in which we are a pre-IPO cornerstone investor, had successfully secured the listing approval from the Securities Commission.
  • 20 Jun, 2014
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Strategic Divestment

We announced the divestment of a 8.5% interest in our subsidiary, Daya Proffscorp Sdn Bhd, to a strategic investor Wiramas Baiduri Sdn Bhd for RM2 million.
  • 16 Jun, 2014
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Memorandum of Understanding

We announced that our wholly-owned subsidiary Daya Offshore Construction Sdn Bhd entered into a MOU with Caracal Oil & Gas Services Limited to market its offshore subsea services in the African continent.
  • 6 Jun, 2014
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Joint Venture

We announced that Daya Sheffield Sdn Bhd, a JV of our subsidiary Daya OCI Sdn Bhd, had set up a wholly-owned subsidiary Daya Sheffield Pte Ltd in Singapore for the purpose of expanding our offshore manpower business.
  • 4 Jun, 2014
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Quarterly Earnings

We announced our operating results for the quarter ending 31 March 2014.
  • 28 May, 2014
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Termination of JVA

We announced the termination of a JVA between our subsidiary Daya Petroleum Ventures Sdn Bhd with Globalstroy Engineering and PT Singgar Mulia.
  • 16 May, 2014
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Internal Group Reorganisation

We announced the sale of a subsidiary Daya Land & Development Sdn Bhd to another subsidiary Daya CMT Sdn Bhd in line with the proposed partial strategic sale of 30% of Daya CMT Sdn Bhd.
  • 15 May, 2014
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Reach Energy

We are pleased to announce that Reach Energy Berhad, a Special Purpose Acquisition Company (SPAC) in which we are a pre-IPO cornerstone investor, has been approved by the Securities Commission to expose its prospectus. The company intends to raise RM750 million in its upcoming IPO exercise, successful completion of which will enable it become the
  • 12 May, 2014
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Strategic Divestment

We announced the signing of an agreement to divest a 30% interest in a wholly-owned subsidiary Daya CMT Sdn Bhd and its group of companies for RM18 million. This is in line with our long-term strategic plan to focus our resources on O&G businesses.
  • 28 Apr, 2014
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