Dayang gets job extension from Sapura OMV

KUALA LUMPUR: Dayang Enterprise Holdings Bhd’s wholly-owned subsidiary Dayang Enterprise Sdn Bhd has received a contract amendment and extension for the provision of Pan Malaysia maintenance, construction and modification contractor for 2018 to 2023 – Package C (East Malaysia).

In a filing with Bursa Malaysia, the group said its unit had received the award from Sapura OMV Upstream (Sarawak) Inc, which extended the contract for a duration of one year, five months and 21 days effective from July 11, 2023, to Dec 31, 2024.

The job will have no effect on the issued capital of the company and is expected to contribute to earnings over the duration of the contract, it said.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

Ringgit opens lower against US$ ahead of Fed chair remarks
IHH to continue on recovery path
Bursa to maintain positive sentiment after Wall St rally
Trading ideas: YTL, YTL Power, Dialog, Westports, Capital A, Maxim, Serba Dinamik, CIMB, IHH, Hong Leong Bank, HLFG, Alliance Bank, IJM, Datasonic and Senheng
Coffee chain Spinelli to close Singapore outlets
China factory, services activity shrink in sign of recovery woes
PETRONAS to boost capex next year
QL Resources earnings growth trajectory intact
Malaysia to gain from China’s corporate plan
SC to act strongly against fraudulent activities in the market

Others Also Read