PETALING JAYA: Daya Materials Bhd has entered into a novation agreement with Siem Offshore Rederi AS (SORA) via its wholly-owned subsidiary Daya Global Pte Ltd of the dynamic positioning class 2 offshore subsea construction vessel.
In a filing with Bursa Malaysia, Daya said it would assume all obligations and liabilities of the memorandum of agreement, while SORA released and discharged Daya from all obligations and liabilities to accept DG1PL’s.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
