<div class=newsTextDataWrapInner><p>KUALA LUMPUR (Dec 15): Dialog Group Bhd has bagged an RM360 million contract from Petronas Gas Bhd for the Southern Transmission Improvement and Readiness (STAR) project in Johor.</p></div>

<div class=newsTextDataWrapInner><p>“The scope of work of the project involves the engineering, procurement, construction and commissioning of a new booster compressor station with associated equipment and facilities at Mengkibol, Kluang,” the group said in a bourse filing.</p></div>

<div class=newsTextDataWrapInner><p>“The scope includes some modification scope for the existing compressors at the Segamat Compressor Station and modification to the existing facilities,” it added.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>The oil and gas services provider said the project is expected to commence this month and be completed by the first quarter of 2024.</p></div>

<div class=newsTextDataWrapInner><p>The group will be paid progressively throughout the contract period, it added.</p></div>

<div class=newsTextDataWrapInner><p>Dialog said the project is expected to contribute positively to its earnings and net assets for its financial year ending June 30, 2022 onwards until the completion of the project.</p></div>

<div class=newsTextDataWrapInner><p>Shares of Dialog closed unchanged at RM2.43, giving the group a market capitalisation of RM13.72 billion.</p></div>


Dialog Group Bhd has bagged an RM360 million contract from Petronas Gas Bhd for the Southern Transmission Improvement and Readiness (STAR) project in Johor.

“The scope of work of the project involves the engineering, procurement, construction and commissioning of a new booster compressor station with associated equipment and facilities at Mengkibol, Kluang,” the group said in a bourse filing.

Dialog bags RM360m EPCC contract from Petronas Gas in Johor

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<h3><span style="color:#d35400;">Datuk Mohammad Faiz Azmi</span></h3>

<p><strong>Chairman, Securities Commission Malaysia</strong></p>

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