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Dayang Enterprise Holdings Bhd ("Dayang") is pleased to announce that its wholly owned subsidiary, Dayang Enterprise Sdn Bhd ("DESB") has on 22 January 2010 received a Work Order Award from Petronas Carigali Sdn Bhd ("Petronas") for Hook Up and Commissioning of Tangga Barat Drilling Riser Platform (TBDR-A), Tangga Barat Flare Platform (TBFP-A) and Bridges for Tangga Barat Cluster Development Project Phase 1 with a value of approximately Ringgit Malaysia Eight Million and Five Hundred Thousand only (RM8,500,000.00).
The above contract is expected to contribute positively to the earnings of the Group for the financial year ending 31 December 2010. There are no significant risks involved in fulfilling the contract obligation.
None of the Directors or major shareholders of the Company or persons connected to the Directors and/or major shareholders have any direct/indirect interest in the contract.
This announcement is dated 25 January 2010. |
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