this company b4 have high target price base on oil n gas activity. Hopefully the end of covid 19 by vaccine found can assure the PN17 status being cleared and investor look the gem in this stock. Construction activity have been not bad either.
Management should actively showing effort on how to revive daya. By new on their way on debt restructuring scheme. Any progress must be made and prove to shareholder.
The showdown yet to be done.
With the appointment of Shamsul Saad as managing director in April this year, there is some speculation as to whether former key personnel of Perdana Petroleum Bhd may surface in Daya and help revive it.
(June 5 2018): Daya Materials Bhd has signed a master agreement with Schlumberger in Russia for the provision of non-explosive radical cutting torch (RCT), perforating torch cutter (PTC Puncher) and related energetic and thermite based solutions services.
In a filing with Bursa Malaysia today, Daya Materials said its subsidiary Daya Maxflo Sdn Bhd (DMSB) has entered into the agreement with Schlumberger Logelco Inc, Schlumberger's operating branch and representative office in Russia.
It noted that the contract will be effective from June 5, 2018 until Dec 31, 2020.
(March 1. 2018): Daya Materials Bhd, which has recently lapsed into Practice Note 17 (PN17) status, announced it has secured a hospital construction contract worth RM104.07 million.
In a filing with the stock exchange, Daya Materials said its 51%-owned subsidiary Daya CMT Sdn Bhd today accepted the letter of award for the project from Penang Specialist Hospital Sdn Bhd (PSH).
PSH — also known as KPJ Penang Specialist Hospital and a member of KPJ Healthcare Bhd — is one of the leading specialist hospitals located on mainland Penang, it said.
Under the terms of the contract, Daya CMT will build a new annex 10-storey hospital block for PSH. It will also take on alteration works, besides adding an open car-park and a Tenaga substation to the existing hospital block in Seberang Perai, Penang.
Set to begin on March 8, the project will be completed by Dec 7, 2020. Daya said the 33-month project should contribute positively to the group's earnings.
(Jan 24 2018): Daya Materials Bhd has been awarded a RM13.04 million contract by KLCC Property Holdings Bhd for the maintenance of air-conditioning and mechanical ventilation systems.
In a filing with Bursa Malaysia, Daya Materials said its subsidiary Daya OCI Sdn Bhd secured the contract from KLCC Property's unit, KLCC Urusharta Sdn Bhd.
It is for the maintenance of the air-conditioning and mechanical ventilation systems at Petronas Twin Towers, Masjid Asy-Syakirin, Kompleks Dayabumi and Petrosains.
Daya Materials said the three-year contract ends on Dec 31, 2020 with an option to renew for a further three years.
(Jan10 2018) Daya Materials Bhd ’s unit Daya Secadyme Sdn Bhd has received a three-year contract to supply and deliver specialty chemicals to Petroliam Nasional Bhd (Petronas).
In a filing with Bursa Malaysia, Daya Materials said the contract came with two options for extension – one year being the first extension and another year being the second.
(Dec 21 2017): Daya Materials Bhd has bagged a contract from Petronas Carigali Sdn Bhd for the provision of integrated production chemicals supply and services worth an estimated RM67 million.
In a filing with Bursa Malaysia, Daya Materials said its 67%-owned subsidiary Daya Secadyme Sdn Bhd was awarded the contract for SK Oil — Miri Waters with a tenure of five years effective Dec 11. The contract comes with a one-year extension option.
Daya Materials secures Petronas Carigali services contract
KUALA LUMPUR: Daya Materials Bhd's subsidiary Daya Maxflo Sdn Bhd has received a letter of award from Petronas Carigali Sdn Bhd for the provision of downhole tools and services.
In a filing with Bursa Malaysia, the group said the Contract is to provide downhole imaging services which will be deployed on memory, real time or drill pipe conveyance system in both cased or open hole well for PCSB’s assets in East and West Malaysia.
The contract is for a duration of five years until Oct 22, 2025.
The quantity of work is on a "call-out" basis with work orders to be issues to Daya Maxflo when the services are required and at the discretion of Petronas Carigali based on the schedule of rates set forth in the contract.
The contract will have no effect on the issued and paid-up capital of the Company and is not expected to have a material effect on the earnings of Daya Materials group of companies for the financial year ending June 30, 2021, until the specific work orders is issued, it said.
-Dec 31, 2020 agreement with Schlumberger Logelco Inc -Dec 7, 2020 project will be completed from Penang Specialist Hospital Sdn Bhd (PSH) -ends on Dec 31, 2020 with an option to renew for a further three years from KLCC Property's unit, KLCC Urusharta Sdn Bhd -received a letter of award from Petronas Carigali The contract is for a duration of five years until Oct 22, 2025
Daya is competitive company and with award from Petronas Carigali is reason to boost up this penny stock. The only reason to slow down the movement was covid-19 the generally slam down oil and gas company and PN17 status.
Hopefully there was "miracle" waiting to happen. Vaccine also just around the corner. Oil n Gas sector will back on track
Pfizer's top scientist has said it is already working on a powder form of its breakthrough COVID-19 vaccine, which could solve the storage problems of the liquid form that has to be kept at freezing temperatures.
Pfizer's chief scientific officer Mikael Dolsten told Business Insider that a second version of the vaccine is already being planned and could be available next year.
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Posted by traderfiq > 2020-11-12 10:04 | Report Abuse
this company b4 have high target price base on oil n gas activity. Hopefully the end of covid 19 by vaccine found can assure the PN17 status being cleared and investor look the gem in this stock. Construction activity have been not bad either.