News

New Subsidiary

We announced the establishment of a new wholly-owned subsidiary Daya Maritime Limited based in Labuan to engage principally in the ship chartering and related services in the Oil & Gas industry.
  • 30 Dec, 2013
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Price Fixing for Private Placement

We announced the price fixing of the proposed Private Placement at 34.5 sen, representing a 9.7% discount over the 5-day weighted average price.
  • 18 Dec, 2013
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Memorandum of Agreement

We announced that Daya Vessels Limited, a subsidiary of a 67%-owned subsidiary, Daya OCI Sdn Bhd, had entered into a Memorandum of Agreement with SBM Installer S.A.R.L. for the purchase of a vessel for USD180 million. Mutual termination of the MOA has been sought as our intention was to execute a long-term charter of the
  • 16 Dec, 2013
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Launching of Siem Daya 2

Siem Daya 2, a newbuild Offshore Subsea Construction Vessel (“OSCV”), was launched at Alesund, Norway in a Christianing and Naming Ceremony.
  • 11 Dec, 2013
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MITI Approval

We announced that we had secured the approval from MITI for the proposed private placement of 125,781,705 new DMB shares.
  • 19 Nov, 2013
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Quarterly Results

We announced our group operating results for the quarter ending 30/9/2013.
  • 19 Nov, 2013
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Bursa Approval

We announced that we had secured the approval from Bursa Securities for the proposed Private Placement of 125,781,705 new DMB shares.
  • 31 Oct, 2013
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Proposed Private Placement

We proposed a private placement of up to 125,781,705 new shares, representing 10% of paid-up share capital of the Group.
  • 25 Oct, 2013
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Joint Venture

We announced the formation of a  joint venture between our subsidiary Daya Petroleum Ventures Sdn Bhd and two foreign partners, PT Singgar Mulia of Indonesia and Globalstroy Engineering India Pty Ltd (a key operating unit of Globalstroy Engineering Services of Russia) on a 40/30/30 basis to jointly venture into design engineering services for both the
  • 16 Oct, 2013
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Award of Contract

Our subsidiary Daya Offshore Construction Sdn Bhd secured a time charter for Siem Daya 1 from Allseas UK Limited for a period of 20-30 days for approximately RM7.8-11.8 million.
  • 16 Oct, 2013
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