Dayang Enterprise Holdings Berhad (Dayang) is an investment holding company that has three wholly owned subsidiaries under its wing -- Dayang Enterprise Sdn Bhd (DESB), DESB Marine Services Sdn Bhd (DMSSB) and Fortune Triumph Sdn Bhd (FTSB).
Dayang acquired 94.8% of the issued and paid-up share capital of Perdana Petroleum Berhad (PPB), a company listed on the Main Board of Bursa Malaysia Securities Berhad after the completion of a takeover in August 2015. As of November 2015, Dayang owned 98.01% controlling stake in PPB. The principal activity of PPB is the provision of marine support services for the Oil and Gas industry.
The company's operations commenced with DESB in 1980 whose initial business was the trading of hardware materials and supply of manpower for the offshore oil and gas industry.
This was however expanded to include provisioning of maintenance services, fabrication operations, hook-up and commissioning and charter of marine vessels.
Since its inception, the company has been awarded with numerous contracts including those by Petronas Carigali Sdn Bhd, Sarawak Shell Berhad / Sabah Petroleum Company Limited, ExxonMobil Malaysia, Murphy Sarawak Oil Co., Ltd and JX Nippon Oil & Gas Exploration (Malaysia) Limited.
Inline with its emphasis on quality, DESB was accredited with an MS ISO 9001:2000 Quality Management System certified by SIRIM QAS International Sdn Bhd in June 1999.
Dayang also received the Grand Award from ExxonMobil and Petronas Carigali, in recognition of safety excellence in 2004. Since 2002, Dayang has been the annual recipient of Petronas Carigali Certificate of Appreciation.
Dayang, who has to date over 2500 employees and recorded total group revenue of RM778.6 million for the financial year ended 31 December 2015, is widely recognized as a reputable provider of maintenance and support services within the oil and gas industry.