KUALA LUMPUR (Jan 13): Dayang Enterprise Holdings Bhd has won a contract extension from Sarawak Shell Bhd.
In a bourse filing, the group said its wholly-owned subsidiary DESB Marine Services received the contract extension for the provision of an accommodation workboat, Dayang Opal.
This is under the umbrella contract for offshore support vessel services for Petronas’ Petroleum Arrangement Contractors’ drilling and project activities, Dayang Enterprise said.
The group added that the value of the contract is based on work orders issued by Sarawak Shell throughout the extended one-year contract period from March 20.
Dayang Enterprise said the contract extension will be a positive contribution to its earnings over the duration of the contract.
KUALA LUMPUR (Jan 13): Based on corporate announcements and news flow today, stocks that may be in focus tomorrow (Jan 14) include: Eco World Development Group Bhd, UEM Sunrise Bhd, George Kent (Malaysia) Bhd, Chin Hin Group Property Bhd, WCT Holdings Bhd, Greatech Technology Bhd, HeiTech Padu Bhd, Aeon Credit Service (M) Bhd, Dayang Enterprise Holdings Bhd, Landmarks Bhd, Petronas Dagangan Bhd, Maxis Bhd, Genting Malaysia Bhd, AE Multi Holdings Bhd, PNE PCB Bhd and Wintoni Group Bhd.
Eco World Development Group Bhd (EcoWorld) said the property developer’s board has decided not to pursue the proposed merger with rival
UEM Sunrise Bhd following careful evaluation of the merger alongside EcoWorld’s own business plans and the current challenging environment with the re-implementation of the Movement Control Order (MCO). EcoWorld said that since the last announcement on Dec 30, 2020 regarding the proposed merger, the parties involved had been engaged in discussions with a view tow