PETALING JAYA: Dayang Enterprise Holdings Bhd
(DEHB) has received six work order awards from PETRONAS Carigali Sdn Bhd (PCSB) for the provision of six units of accommodation workboat vessels.
In a filing with Bursa Malaysia, DEHB said the value of the contracts is based on the work orders issued by PCSB throughout the duration of the contracts.
DEHB said the duration of the contracts will be 105 days (for Dayang Pertama), 92 days (Dayang Berlian), 112 days (Dayang Zamrud), 119 days (Dayang Opal), 61 days (Perdana Liberty) and 153 days (Perdana Sovereign).
“Risk factors affecting the contracts include execution risks such as availability of skilled manpower and materials, changes in prices of materials, as well as changes in political, economic and regulatory conditions.
“The contracts will have no effect on the issued capital of the company and are expected to contribute to the earnings of DEHB,” it said.
DEHB said the acceptance of the contracts is in the best interest of the company.
