PETALING JAYA: Daya Materials Bhd has clarified that the cash payment of US$82.74mil for the proposed disposal of its offshore subsea construction vessel, Siem Daya 1 (SD1), is the full and final settlement of the facility of up to US$84mil granted by the existing financier, Daya Maritime Ltd.
On Monday, Daya Materials has proposed to dispose of SD1 via the disposal of the group’s wholly-owned unit, Daya Global 1 Ptd Ltd (DG1PL), to Siem OCV Ptd Ltd for US$100mil (RM442mil).
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