Wednesday, September 22, 2010

Dayang Enterprise Holdings Berhad : In An Industry Sweet Spot - 22/09/2010

♦ Long time oil and gas player. Although only listed on the Bursa main
market in 2008, Miri-based Dayang Enterprise has been in the oil and gas
services since 1980. It first traded hardware materials and supplied
manpower for the industry, and only later (around 1991) did its service
range expand to provisioning of maintenance services, minor fabrication
operations and offshore hook-up and commissioning. The company’s
latest foray is into the charter of marine vessels via: 1) charter of one of
its workboats to Brunei Shell; and 2) purchase of 40% stake in Borcos.

Dayang Enterprise Holdings Berhad : In An Industry Sweet Spot - 22/09/2010

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