<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 10): Dayang Enterprise Holdings Bhd has been awarded a contract by Sarawak Shell Bhd (SSB) and Sabah Shell Petroleum Company Ltd (SSPC) for the provision of topside major maintenance services.</p></div>

<div class=newsTextDataWrapInner><p>“The value of the contract is based on work orders issued by SSB and SSPC throughout the contract duration and shall include any or all other work and services which is generally related to the scope of works in this contract at a fixed schedule of rates,” Dayang Enterprise said in a bourse filing.</p></div>

<div class=newsTextDataWrapInner><p>The contract will be undertaken by its wholly-owned subsidiary, Dayang Enterprise Sdn Bhd, it added.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The group said the contract is expected to contribute positively to its earnings during the contract period from April 29, 2021 to Aug 19, 2023.</p></div>

<div class=newsTextDataWrapInner><p>Dayang Enterprise shares closed seven sen or 4.86% higher at RM1.51 today, valuing the group at RM1.89 billion.</p></div>


Dayang Enterprise Holdings Bhd has been awarded a contract by Sarawak Shell Bhd (SSB) and Sabah Shell Petroleum Company Ltd (SSPC) for the provision of topside major maintenance services.

Dayang Enterprise secures maintenance services contract from Shell in Sabah, Sarawak

Brookfield Asset Management Ltd walked away from a plan to acquire Grifols SA, ending months of negotiations to take over the Spanish blood-plasma company.

Brookfield drops US$6.8 bil offer to buy drugmaker Grifols

Malaysia and South Korea signed a memorandum of understanding (MOU) to strengthen cooperation in addressing climate change under Article 6 of the Paris Agreement on Nov 25, according to the Ministry of Natural Resources and Environmental Sustainability (NRES) in a statement on Wednesday.

Malaysia, South Korea collaborate to address climate change under Paris Agreement

LGMS Bhd, bolstered by the rising demand for cyber security services and solutions, has increased its workforce substantially and plans to more than double its number of skilled professionals by mid-2025.

LGMS looking to double workforce on growing cyber security demand

As of 4pm on Wednesday, the flood situation in Kelantan and Terengganu continued to worsen, with a sharp increase in the number of evacuees. The disaster has also claimed two lives in two states.

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Icon Offshore Bhd’s (KL:ICON) managing director (MD) Datuk Seri Hadian Hashim has been redesignated as a non-independent non-executive director, effective Wednesday.

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Selangor has become the first state to launch the Selangor care economy policy as part of its efforts to address the challenges posed by an ageing population.

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Penang’s 5G network coverage in populated areas has reached 91.7%, as of Nov 17, according to State Infrastructure, Transport and Digital Committee chairman Zairil Khir Johari.

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The suspended group CEO of TMC Life Sciences Bhd (KL:TMCLIFE) has pushed back against allegations of misconduct levied upon her, alleging that the healthcare provider is attempting to “pin the blame” on her over certain contract decisions.

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The Sustainable Energy Development Authority (Seda) is set to offer rebates to industry players as part of the Save As You Go (Save) 4.0 energy efficiency programme.

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The Malaysian Communications and Multimedia Commission (MCMC) has requested Facebook to remove a total of 249,268 pieces of content this year, with 91.6% linked to online gambling and scams.

MCMC requested Facebook to remove 91.6% of content linked to gambling, scams

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<p>These investments reflect Malaysia’s po...

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<p>The suspended group CEO of TMC Life Sciences Bhd (KL:TMCLIFE) has pushed back against allegations of misconduct levied upon her, alleging that the healthcare provider is attempting to “pin the blame” on her over certain contract decisions.</p>


<p>The Court of Appeal (COA) on Wednesday overturned a High Court decision two years ago that granted leave (permission) to former Petaling Jaya Member of Parliament Maria Chin Abdullah to challenge a show-cause issued by the Federal Territory Shariah High Court against her for contempt of court.</p>


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<p>At a record price tag of almost RM1,800 psf, The Light City in Gelugor is set to feature the most expensive project in Penang with the upcoming launch of Lightwater Residences, says IJM Land Bhd CEO Datuk Tony Ling.</p>

<p>In an exclusive interview with <em>City &amp; Country</em>, he explains...

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<p>The Court of Appeal has upheld the High Court's insider trading conviction against former Patimas Computers Bhd deputy chairman Datuk Raymond Yap Wee Hin.</p>


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<p><em>From left: RC Distribution Services Sdn Bhd chief financial officer Dorothy Tan, M&amp;M Ventures Holdings Sdn Bhd director Yuki Yu, Sportizza Sdn Bhd director CY Chiew, M&amp;M Ventures director Terence Kwok, M&amp;M Ventures chief operating officer Chris Stanley, M&amp;M Ventures MD Dominic...

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<p>Eight people have filed a RM60 million class action suit against the World Health Organization (WHO), its director general Dr Tedros Adhanom Ghebreyesus, vaccine companies Pfizer Inc and Sinovac Biotech Ltd (Beijing), and 21 others, including current and former government officials, for damages in relation to Covid-19 vaccinations that had been made compulsory.</p>


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<p>KUALA LUMPUR (Nov 27): Petronas Gas Bhd (KL:PETGAS) said on Wednesday that its net profit rose 5.4% in the third quarter from a year earlier, as higher offtake and reservation charges lifted revenue, and boosted by currency gains.</p>


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<p>Prime Minister Datuk Seri Anwar Ibrahim is set to unveil an affordable housing project next month, backed by an RM13 billion investment, Housing and Local Government Minister Nga Kor Ming said.</p>


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<p>&nbsp;Chinese companies’ foreign-currency debt load has shrunk significantly, reducing a key source of vulnerability under Donald Trump’s second presidency.</p>


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<p>The Malaysian government has reminded all local firms to ensure they are fully aware of the destinations of their exported goods, as the US has ramped up sanctions on entities and individuals globally with links to Russia.</p>


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<p>Chin Hin Group Bhd (KL:CHINHIN) more than doubled its net profit for the third quarter thanks to revenue from newly-acquired subsidiaries that significantly boosted its overall gross margin.</p>


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<p>CCK Consolidated Holdings Bhd (KL:CCK) may deliver stronger earnings ahead, analysts said as they upgraded their recommendations while investors cheered the poultry firm’s third-quarter results.</p>


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<p>Sweden is asking a Chinese vessel to return to Swedish waters to help facilitate an investigation into recent breaches of undersea fibre-optic cables in the Baltic Sea, Prime Minister Ulf Kristersson said on Tuesday, but stressed he was not making any accusations.</p>
