2016

Retirement of Director

We announced the retirement of Tan Sri Dato Dr Azmil Khalili after a long and distinguished service as the Non-Executive Chairman of the Group.
  • 15 Jun, 2016
  • Posted by DMBIT
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Strategic Transformation

Our wholly-owned subsidairies, Daya Vessels Limited and Daya Offshore Construction Sdn Bhd, had respectively entered into a termination of charter and an assignment of charter proceeds with Siem Offshore Rederi AS (SORA) in relation to Siem Daya 2. This is primarily intended to eliminate the high-cost legacy contract and minimize future ongoing operating expenditures and
  • 20 May, 2016
  • Posted by DMBIT
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Legal Update

The Court of Appeal had heard the appeal of our subsidiary Daya OCI Sdn Bhd (DOCI) against Tideway Alliance Sdn Bhd and unanimously allowed our appeal with cost, hence successfully overturning the previous High Court judgement against DOCI.
  • 12 May, 2016
  • Posted by DMBIT
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Proposed Divestment

The Group proposed the divestment of 100% interest in Daya Urusharta Sdn Bhd to Daya CMT Sdn Bhd, a 51%-owned subsidiary, for a cash consideration of RM7 million and assumption of debt.
  • 15 Apr, 2016
  • Posted by DMBIT
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Quarterly Earnings

We announced our financial performance for the 4th quarter ending 31 December 2015.
  • 29 Feb, 2016
  • Posted by DMBIT
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New Subsidiary in Papua New Guinea

We announced the incorporation of a new wholly-owned subsidiary, DAYA PNG Limited, in Papua New Guinea to explore and undertake new business ventures in the country.
  • 19 Jan, 2016
  • Posted by DMBIT
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