Write a comment..Daya Materials Bhd is collaborating with MIMOS Semiconductor Sdn Bhd (MSSB) to provide a crowd management and passenger system for rail as well as non-rail systems. Consequently, the group has signed a Memorandum of Understanding (MoU) with the latter to work together in certain areas of technology, which includes but is not limited to the crowd management and passenger system. The system will include information technology data transfer, security information capabilities, monitoring, management and recording of mass people and materials movement, which can be applied in rail or non-rail systems such as port entry and stadiums.
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONS DAYA MATERIALS BERHAD ("DMB" OR THE "COMPANY") PROPOSED DISPOSAL OF 100% EQUITY INTEREST IN DAYA GLOBAL 1 PTE LTD ("DG1PL") TO SIEM OCV PTE LTD ("SIEM OCV") FOR A DISPOSAL CONSIDERATION OF USD100,000,000 (EQUIVALENT TO RM442,550,000) ("PROPOSED DISPOSAL")
KUALA LUMPUR (Sept 20): Daya Materials Bhd, which has exited the offshore subsea construction business following the sale of Siem Daya 1, said it is now channelling its resources into infrastructure, especially rail-related jobs.
It shared this in a statement today, announcing the completion of the disposal of Siem Daya 1, its offshore subsea construction vessel, for US$100 million (equivalent to about RM418.5 million).
“This is the beginning of our turnaround plan and we are both optimistic and excited about the group’s future. Our exit from the offshore subsea business will allow us to focus on our core and profitable businesses and our financial results will no longer be dragged down by this loss-making business.
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Posted by melvintcs > 2017-05-21 17:59 | Report Abuse
daya coming