News

Strategic Investment

The Group successfully completed the acquisition of another 11.3% equity stake in Daya Maxflo Sdn Bhd (“DMAX”), a subsurface and well services specialist, for approximately RM2.96 million. This investment will increase the Group’s stake in DMAX from 50.7% to approximately 62%.
  • 30 Nov, 2015
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Bursa Application

We announced the application submission to Bursa Securities Malaysia for the listing of up to 10% of the issued and paid-up share capital of the Group pursuant to the proposed Private Placement exercise.
  • 30 Nov, 2015
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Legal Update

The Group is pleased to announce that our wholly-owned subsidiary, Daya Vessels Limited (DVL), and SBM Installer S.A.R.L. (SBM) had mutually consented to terminate an arbitration proceeding in London and SBM had simultaneously withdrawn its claims against DVL.
  • 26 Nov, 2015
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Proposed New Private Placement

We proposed a new private placement of up to approximately 165 million new shares of 10 sen each, representing 10% of the share capital of the Group. This exercise is in line with our strategy to build a strategic war chest for the Group in anticipation of new market opportunities which may arise in the
  • 25 Nov, 2015
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Existing Private Placement

We announced that the third tranche of the previous private placement of up to 84 million shares will be priced at 10 sen per share, representing a 5.57% discount over the 5-day weighted average price of 10.59 sen.
  • 25 Nov, 2015
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Quarterly Results

We announced the Group’s operating performance for the 3rd quarter ending 30 September 2015. For the quarter, we reported pretax profit of RM14.7m on sales of RM182.2m
  • 24 Nov, 2015
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Award of Contract

Our subsidiary Daya OCI Sdn Bhd successfully secured a RM88 million long-term contract to provide marine HVAC services to Axima Concept SA of France.
  • 8 Oct, 2015
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Quarterly Results

We announced the Group’s operating performance for the 2nd quarter ending 30 June 2015. For the quarter, we reported pretax profits of RM13.5 million on sales of RM193.2 million.
  • 19 Aug, 2015
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Completion of Divestment

We completed the sale of 19% equity interest in Daya CMT Sdn Bhd (“DCMT”) to Perfect Propel Sdn Bhd for RM11.4 million cash. Following this sale, we now holds a 51% stake in DCMT while Perfect Propel owns the balance 49%.
  • 6 Aug, 2015
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Divestment of Non-Core Asset

We entered into an agreement to dispose our 51% interest in Semangat Global Sdn Bhd by Daya Land & Development Sdn Bhd, a wholly-owned subsidiary of our 51%-owned unit Daya CMT Sdn Bhd for RM3.85 million.
  • 21 Jul, 2015
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