KUALA LUMPUR: Shares in Dayang Enterprise Holdings Bhd
rose in active trading Friday after securing a three-year maintenance contract from Mubadala Petroleum’s entity, MDC Oil & Gas (SK320) Ltd.
The oil and gas services provider added 1.68%, or two sen to RM1.21, its highest in two weeks.
Dayang said the contract was awarded to its wholly-owned Dayang Enterprise Sdn Bhd (DESB) for the provision of Pan Malaysia maintenance, construction and modification (PM-MCM).
Dayang said the contract was effective from Dec 9,2020, and should expire on July 16,2023, with an option to extend for a period of one year.
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