Dayang Enterprise bags contract from Murphy Sabah Oil

PETALING JAYA: Dayang Enterprise Holdings Bhd's wholly-owned subsidiary company Dayang Enterprise Sdn Bhd has bagged a provision of Pan Malaysia maintenance, construction and modification contract from Murphy Sabah Oil Co Ltd.
The group told the stock exchange that the contract is slated to go on between July 17, 2018 and July 16, 2023.
"The value of the contract is based on work orders issued by Murphy Sarawak Oil Co Ltd and Murphy Sabah Oil Co Ltd 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," said Dayang.
The job is expected to contribute positively to the group's earnings over the duration of the contract.
The stock gained 1.43% to close at 71 sen with 494,100 shares done.