DESB Marine Services awarded Shell LCT contract

KUCHING: Dayang Enterprise Holdings Bhd’s wholly-owned subsidiary DESB Marine Services Sdn Bhd has been awarded a contract for the provision of one unit of landing craft tank (LCT) — Dayang Cempaka — by Sarawak Shell Bhd/Sabah Shell Petroleum Company Limited. The duration of the contract is tentatively from Sept 26, 2022 for 548 days plus […]

Dayang continues bidding new contracts

KUCHING: Dayang Enterprise Holdings Bhd group is continuously bidding for new contracts by the oil majors. The group is expecting to secure additional contracts given its outstanding track record and financial position, said Dayang group managing director Tengku Dato Yusof Tengku Ahmad Shahruddin. For 2022, he said the group is cautiously optimistic that the outlook […]

Dayang’s net profit soars to RM236.3m

KUCHING: Dayang Enterprise Holdings Bhd (DEHB) group’s net profit has soared to RM236.3 million in financial year ended December 31, 2019 (FY2019) — the best ever annual profits the company has achieved. The historic profits was RM72 million or 44 percent higher than RM164.2 million recorded in FY2018. The group’s gross profit has increased by […]

DESB wins two contracts from Petronas Carigali

KUCHING: Dayang Enterprise Sdn Bhd (DESB) has won two contracts for the provision of integrated hook-up and commissioning (i-HUC) services for Petronas Carigali Sdn Bhd (PCSB). The contracts are for Package B:SBA and Package D:SKO. The duration of the contracts are four years, effective January 1, 2020 and will expire on December 31, 2023, said […]

Oversubscribed by 92.64 percent

KUCHING: Dayang Enterprise Holdings Bhd’s rights issue has been oversubscribed by 89,380,199 shares or 92.64 percent. When application for the rights issue closed on Dec 6, the acceptances by shareholders amounted to 94,648,022 shares or 98.1 percent while excess applications totalled 91,213,160 shares or 94.54 percent. “The total acceptances and excess applications for the rights […]