Dayang Enterprise Holdings Bhd 2017 AR2
The report highlights Dayang Enterprise Holdings Bhd's financial and operational performance for the fiscal year 2017, marking a challenging period with its first-ever recorded annual losses due to a prolonged downturn in crude oil prices. Despite these headwinds, the company secured a major five-year maintenance, construction, and modification services contract from PETRONAS Carigali. Dayang also completed a private placement raising RM89.1 million and a dividend-in-specie of Perdana Petroleum shares to address public shareholding requirements. On the sustainability front, the company published its first Sustainability Report in accordance with the GRI Standards, emphasizing its commitment to occupational safety, achieving zero Loss Time Injury incidents, and initiating environmental management enhancements.
Company: Dayang Enterprise Holdings Bhd
Sector: Mining & quarrying
Country: Malaysia
Year: 2017
Type: AR2
Pages: 65
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Dayang Enterprise Holdings Bhd
Annual Report
The report highlights Dayang Enterprise Holdings Bhd's financial and operational performance for the fiscal year 2017, marking a challenging period with its first-ever recorded annual losses due to a prolonged downturn in crude oil prices. Despite these headwinds, the company secured a major five-year maintenance, construction, and modification services contract from PETRONAS Carigali. Dayang also completed a private placement raising RM89.1 million and a dividend-in-specie of Perdana Petroleum shares to address public shareholding requirements. On the sustainability front, the company published its first Sustainability Report in accordance with the GRI Standards, emphasizing its commitment to occupational safety, achieving zero Loss Time Injury incidents, and initiating environmental management enhancements.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Published
Apr 11, 2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available