Posted by freddiehero > 2021-01-04 23:12 | Report Abuse

chart nice, big smile face..

Posted by Jolly > 2021-01-06 23:07 | Report Abuse

Read news DAYA is going to do restructuring plan n out fm PN7 . Anyone can provide more info ? Tqvm

Posted by freddiehero > 2021-01-08 22:50 | Report Abuse

PROPOSED DISPOSAL BY DAYA CMT SDN BHD, A 51%-OWNED SUBSIDIARY OF DAYA MATERIALS BERHAD, OF A PARCEL OF LEASEHOLD LAND HELD UNDER PAJAKAN NEGERI 2864, LOT 8071, MUKIM 12, DISTRICT OF BARAT DAYA, STATE OF PULAU PINANG TOGETHER WITH INDUSTRIAL PREMISES COMPRISING A DOUBLE-STOREY OFFICE BUILDING WITH AN ANNEXED SINGLE STOREY DETACHED FACTORY, A SINGLE-STOREY WAREHOUSE WITH AN ANNEXED DOUBLESTOREY DETACHED OFFICE BUILDING AND OTHER ANCILLARY BUILDINGS ERECTED THEREON TO WANJUN ENGINEERING SDN BHD FOR A CASH CONSIDERATION OF RM10,328,000 ("PROPOSED DISPOSAL")

Posted by 651158 > 2021-01-11 10:53 | Report Abuse

daya is the time to show up

Posted by 651158 > 2021-01-11 11:27 | Report Abuse

maybe one time boom the share up

Posted by freddiehero > 2021-01-11 11:30 | Report Abuse

haha.. how come?

Posted by freddiehero > 2021-01-11 11:30 | Report Abuse

u guess boom one time how high?

Posted by 651158 > 2021-01-11 11:34 | Report Abuse

high to the sky , just buy and keep more and waiting time

Posted by 651158 > 2021-01-11 11:39 | Report Abuse

Now supply oil material and contraction material , oil tanking up , chemical all up

Posted by freddiehero > 2021-01-11 11:39 | Report Abuse

I also believe it will boom, just dono why still Sleeping Beauty..

Posted by freddiehero > 2021-01-11 11:41 | Report Abuse

haha if daya get cpp project.. super la ini macam

Posted by freddiehero > 2021-01-11 11:43 | Report Abuse

daya polymer just shutdown like tat? add in la do glove haha

Posted by freddiehero > 2021-01-12 22:54 | Report Abuse

still sleep well?

Posted by freddiehero > 2021-01-15 18:33 | Report Abuse

15 JAN 2020. LETTER OF AWARDS BY SING FOONG NIAP ENGINEERING SDN
BHD (“SFNESB”) TO DAYA CMT SDN BHD (“DCMT”), A 51.0%-
OWNED SUBSIDIARY OF THE COMPANY, AS SUB-CONTRACTOR IN
RELATION TO THE PROPOSED CONSTRUCTION OF A RECYCLE
PULP AND PACKAGING PAPER PLANT ON LOT 71922 (PT 41097)
AND 10534 (PT 473), MAHKOTA INDUSTRIAL PARK, BANTING,
MUKIM TANJUNG DUA BELAS, KUALA LANGAT, SELANGOR
DARUL EHSAN.

Posted by freddiehero > 2021-01-15 18:34 | Report Abuse

for a total contract sum of RM23,861,208

Posted by freddiehero > 2021-01-15 18:34 | Report Abuse

The Project is targeted to be completed by 30 June 2021.

Posted by Woodswater > 2021-01-16 09:42 | Report Abuse

https://www.theedgemarkets.com/article/daya-materials-unit-bags-rm24m-construction-job

Congrats to those who has faith, guts, testis as well

Wakakakaka

Posted by Woodswater > 2021-01-16 12:04 | Report Abuse

https://www.klsescreener.com/v2/news/view/778879/no-construction-during-mco-works-ministry

Daya needs some patience

----------------------------------------------------------------------
freddiehero still sleep well?
12/01/2021 10:54 PM

Posted by FrankieGoesToHollywd > 2021-01-16 12:16 | Report Abuse

All the best , DAYA.

Posted by freddiehero > 2021-01-16 12:26 | Report Abuse

yes, u r right.. no construction during mco

Posted by freddiehero > 2021-01-16 12:31 | Report Abuse

KUALA LUMPUR (Jan 15): Construction work needs to be stopped during the Movement Control Order (MCO) period in the states involved, according to the Works Ministry.

However, exemptions will be given for work on the list of essential services including maintenance and critical repairs such as slope and road repairs; construction of major public infrastructure as well as building construction for projects that provide complete accommodation of workers on construction sites or Centralised Labour Quarters.

In addition, there will be exemptions for the operation of professional services/consultants as well as other services within the supply chain such as supply of building materials and delivery of materials, limited to construction sites approved for operation.

According to the Frequently Asked Questions (FAQ) on the MCO issued by the ministry, all operating permits must be obtained from the International Trade and Industry Ministry (MITI) through MITI's Covid-19 Intelligent Management System (CIMS) portal.

Employers must also stick to the operating hours set by local authorities.

In the meantime, the ministry stressed that construction workers are not allowed to move from one construction site to another, apart from the fact that they need to bring a valid employee pass or employer's authorisation letter and MITI CIMS operation approval letter for any movement.

Posted by char1234 > 2021-01-26 19:56 | Report Abuse

sell 10 mill asset is restructuring plan ?

Posted by freddiehero > 2021-01-26 23:19 | Report Abuse

4. RATIONALE AND BENEFITS OF THE PROPOSED DISPOSAL
The financial difficulties faced by our Group began with the downturn in the global oil and gas
industry since 2014 and the corresponding reduction in expenditure in the exploration,
development and production of oil and natural gas by oil majors, along with the deferment of
projects. The prolonged reduction in oil and gas activities led to oversupply in the offshore
support services segment, in which our Group operated, and adversely affecting demand for
our Group’s services. This resulted in the assets of our Group being either left idle or under-
utilised, leading to impairment loss and write-downs in the value of these assets. As a result of
the financial deterioration, financing arrangements available to our Group have become more
restrictive, which has led to further challenges for our Group in managing and supporting our
business operations.
The financial difficulties were also exacerbated by ongoing litigations with our Group’s
contractors in our technical services segment, leading to further impairments of receivables,
and causing our Company to lapse into Practice Note 17 status on 28 February 2018 when
our shareholders’ equity on a consolidated basis fell below RM40.0 million and represented
less than 25% of our issued share capital based on our unaudited consolidated financial
statements for the financial year ended 31 December 2017.
Our Company is thus required to submit a regularisation plan to the relevant authorities by 28
February 2018 and we were subsequently granted an extension of time up to 27 February
2021 to submit the regularisation plan to the relevant authorities for approval.
To that end, we have been in active discussions with our advisers to restructure our debts and
liabilities, and negotiate with lenders and creditors on a debt restructuring scheme, which
culminated in the announcement of the Proposed Regularisation Plan on 31 December 2020.
In parallel with the steps taken above, our Group has been exploring options to monetise
assets in order to improve our liquidity position. The Proposed Disposal will allow the DCMT
Group to raise the much needed funds for its working capital requirements, albeit limited, to
tide over its cash flow crunch in the interim, as well as to reduce our bank borrowings. The
proceeds from the Proposed Disposal will also provide the DCMT Group with working capital
to sustain its business operations, which our management has identified to be viable and will
form part of the core business of our restructured Newco group under the Proposed
Regularisation Plan. In addition, the Disposal Consideration also represents an attractive
premium over the market value and latest audited NBV of the Property, which would enhance
the earnings of our Group with an estimated net gain on disposal attributable to owners of our
Company of approximately RM3.7 million.

Posted by char1234 > 2021-01-28 00:45 | Report Abuse

2014 till 2021 ...7 years , Regularisation plan not in sight

Posted by char1234 > 2021-01-28 00:45 | Report Abuse

sell assets ,sell ,sell , sell

Posted by char1234 > 2021-01-28 00:48 | Report Abuse

NTA -ve, sell everything, also cant pay all debts,

Posted by char1234 > 2021-01-28 00:48 | Report Abuse

any comments ??

Posted by freddiehero > 2021-01-28 05:47 | Report Abuse

haha.. u cant believe daya still got asset to sell right? keep create new cash in ka?

Posted by Bgt 9963 > 2021-01-28 08:56 | Report Abuse

Happy Thaipusam....!

Posted by freddiehero > 2021-01-28 08:58 | Report Abuse

huhu.. we not holiday.. same malaysian but no holiday..

Posted by char1234 > 2021-01-28 21:55 | Report Abuse

Bursa is on holiday

Posted by char1234 > 2021-01-28 21:57 | Report Abuse

I think, management need to change

Posted by freddiehero > 2021-01-28 22:16 | Report Abuse

management oledi change oh.. tats dept was last time management did ma..

Posted by freddiehero > 2021-01-28 22:17 | Report Abuse

Wat to do, now just keep sapu sampah lo..

Posted by freddiehero > 2021-01-28 22:19 | Report Abuse

still alot subsidiaries not yet sell lo, if sell sure create more more cash in...

Posted by char1234 > 2021-01-29 23:11 | Report Abuse

NTA do consider all assets ....it's -ve

Posted by char1234 > 2021-01-29 23:12 | Report Abuse

sell all, pay debts, still koyak

Posted by freddiehero > 2021-01-30 07:29 | Report Abuse

at least got pocket money to use.. no problem..

Posted by freddiehero > 2021-01-30 07:33 | Report Abuse

if rili big problem, just go for bankruptcy enof..

Posted by char1234 > 2021-02-02 05:46 | Report Abuse

how the share price can go up if that's the only plan by them

Posted by freddiehero > 2021-02-02 10:23 | Report Abuse

u oledi join this counter?

Posted by freddiehero > 2021-02-02 22:45 | Report Abuse

The Board of Directors of the Company wishes to announce that the Company had on 31 December 2020 made the requisite announcement in relation to the Company’s proposed regularisation plan (“Proposed Regularisation Plan”). The Company is in the midst of preparing the application to Bursa Securities in relation to the Proposed Regularisation Plan.

Bursa Securities had, via its letter dated 23 October 2020, decided to grant the Company a further extension of time up to 27 February 2021 to submit the Proposed Regularisation Plan to the regulatory authorities. 

The Company has approximately one (1) month to submit the Proposed Regularisation Plan to the regulatory authorities for approval.

The Company will make the necessary announcement on further development of the Proposed Regularisation Plan in accordance with the requirements under PN17.
 
This announcement is dated 2 February 2021.

Posted by dr_jogho > 2021-02-05 16:11 | Report Abuse

Daya Materials: Bags RM23.8m sub-contractor job. Daya Materials’ 51%-owned subsidiary Daya CMT SB accepted a RM23.86m project from Sing Foong Niap Engineering SB, as sub-contractor in relation to the proposed construction of a recycle pulp and packaging paper plant in Kuala Langat, Selangor. The project is targeted to be completed by June 30, 2021. It is expected to contribute positively to the future earnings of the group. (SunBiz).

Posted by freddiehero > 2021-02-05 17:57 | Report Abuse

u look just in? ya 23.8m just work up 6 months then got pocket money not bad..

Posted by freddiehero > 2021-02-05 18:02 | Report Abuse

uncountable project value.. get from petronas project for whole Malaysia platforms including sabah and sarawak..

Posted by freddiehero > 2021-02-05 18:03 | Report Abuse

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.

Posted by freddiehero > 2021-02-05 18:04 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/11/17/daya-materials-secures-petronas-carigali-services-contract

Posted by freddiehero > 2021-02-05 18:07 | Report Abuse

let's wait cpp who win the project.. goal goal goal..!

Posted by goku1031 > 2021-02-08 09:29 | Report Abuse

this month is the due date for regularisation plan right?

Posted by freddiehero > 2021-02-08 09:36 | Report Abuse

yes.. February 27