Shares of Malaysian oil and gas services provider Dayang Enterprise Holdings Bhd rose as much as 5.3 per cent today after its maintenance services contract with Murphy Oil was extended.
The value of the contract was estimated to range between RM50-RM100 million (US$15.9-US$31.8 million) to provide topside maintenance services.
Dayang shares were up 4.1 per cent to RM1.77 per share as at 0824 GMT, compared to the broader market’s rise of 1.1 per cent. – Reuters
