Dayang making a comeback
IT wasn’t long ago when Dayang Enterprise Holdings Bhd was struggling to turn a profit. Today, the oil and gas service provider is looking like a different animal.
Year to date, it is among the top five performers on Bursa Malaysia, with its share price more than doubling. The company has now rejoined the billion ringgit club, sitting on a market capitalisation of RM1.1bil.
Recall that Dayang had been a billion-ringgit company prior to the oil and gas carnage that began in 2015.
So what is going right at Dayang?
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