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PETALING JAYA: Oil and gas services firm Daya Materials Bhd has defaulted on loan facility payments with two more banks - Hong Leong Bank Bhd (HLBB) and Al-Rajhi Banking & Investment Corp (M) Bhd - amounting to RM98.05mil and RM97,788.30, respectively.
KUALA LUMPUR: JF Apex Research expects Tiger Synergy Bhd, Daya Materials Bhd, Paramount Corp Bhd, KNM Group Bhd, Maxis Bhd and Malaysia Marine and Heavy Engineering Holdings Bhd to be among the stocks to watch on Monday.
KUALA LUMPUR: JF Apex Research expects Seacera Group Bhd, Daya Materials Bhd, AT Systematization Bhd, PNE PCB Bhd and Tenaga Nasional Bhd to be among the stocks to watch on Monday.
KUALA LUMPUR: AmInvestment Research is neutral on the oil and gas (O&G) sector due to the likely continued volatility in the oil price direction over the next six months.
Dagang NeXchange Bhd (DNeX), a company which has aggressively grown multiple businesses – 23 at last count – but whose latest quarterly results showed a slowdown in earnings, is slated for some interesting changes.
PETALING JAYA: The Malaysian industrial property market is still widely considered a stable segment and viable investment sector, despite registering a yearly increase in overhang levels.
KUALA LUMPUR: Shares in Daya Materials Bhd gained 50% in early trade Wednesday.
PETALING JAYA: Financially troubled Daya Materials Bhd narrowly avoided indefinite trading suspension when the company submitted its 2018 annual report ahead of its deadline, today.
KUALA LUMPUR: Daya Materials Bhd has received two letters of demand from Malayan Banking Bhd (Maybank) as corporate guarantor for payment owing by its subsidiary, Daya Proffscorp Sdn Bhd (DPRO) pursuant to hire purchase facilities.
PETALING JAYA: Daya Materials Bhd’s subsidiary Daya Proffscorp Sdn Bhd has received a demand and repossession notices from Malayan Banking Bhd and MBSB for defaulting on installments for its hire-purchase facilities.