not more DAYA. goodbye.

（吉隆坡31日讯）PN17公司达雅集团（DAYA,0091,PN17公司）宣布系列企业重组计划，其中包括股票交换、转移上市地位、业务重组、收购资产、偿还债务及私下配售股票等计划，以加强公司财务状况。

该公司发文告指出，股票交换计划方面，该公司的100股的股票，将转换为1股新公司──Propel Global有限公司的股票。同时新公司将取代该公司的上市地位。

新公司将收购旗下4间公司的股权以进行业务重组，之后新公司将该公司的股权脱售给一家新特别用途公司。

新公司将以1500万令吉代价向Perfect Propel有限公司收购达雅CMT有限公司的其余49.0%股权，并以发行7500万股新股支付（每股20仙）。

达雅石油创业（DPV）将以576万令吉代价收购DMAX的19.4%股权，并以发行2880万股新公司新股支付。

文告指出，新公司将偿还该公司债主总值1亿零770万令吉债务，并以发行2亿1537万零345股的新股偿还支付、以及发行305万零570股新股支付Sage3Capital有限公司的61万零114令吉的专业收费。

同时该公司将私下配售2亿2500万股的新股（每股20仙）给WKP、李世元（译音）及较后确定的投资者。

同时该公司也将设立一个长期奖掖计划（最高占新公司股本的15%）。

On behalf of the Board of Directors of DMB, Hong Leong Investment Bank Berhad wishes to announce that the Company is proposing to undertake the Proposed Regularisation Plan to regularise its financial condition in accordance with Paragraph 8.04(3) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad ("Bursa Securities").
 
The Proposed Regularisation Plan comprises:
 
(i) proposed exchange of the total number of issued shares of DMB comprising 2,042,945,854 ordinary shares in DMB (“DMB Shares”) for 20,429,458 new ordinary shares in Propel Global Sdn Bhd (“Newco”) (“Newco Shares”), on the basis of 1 new Newco Share for every 100 existing DMB Shares held on an entitlement date to be determined later, by way of a scheme of arrangement under Section 366 of the Companies Act 2016 (“Proposed Share Exchange”);
 
(ii) proposed assumption of the listing status of DMB by Newco and the admission of Newco to, and withdrawal of DMB from, the Official List of Bursa Securities with the listing of and quotation for the enlarged issued share capital of Newco on the Main Market of Bursa Securities (“Proposed Transfer of Listing Status”);
 
(iii) proposed reorganisation comprising the acquisitions by Newco from DMB of its entire equity interests in the following companies:
 
   (a) 51.0% equity interest in Daya Petroleum Ventures Sdn Bhd (“DPV”);
 
   (b) 50.1% equity interest in Daya OCI Sdn Bhd;

   (c) 51.0% equity interest in Daya CMT Sdn Bhd (“DCMT”); and
 
   (d) 55.0% equity interest in Daya Secadyme Sdn Bhd
 
followed by the disposal by Newco of its entire equity interest in DMB to a special purpose vehicle to be incorporated (“Proposed Reorganisation”);
 
(iv) proposed acquisition by Newco of the remaining 49.0% equity interest in DCMT from Perfect Propel Sdn Bhd for a purchase consideration of RM15,000,000, to be satisfied via the issuance of 75,000,000 new Newco Shares (“DCMT Consideration Shares”) at an issue price of RM0.20 per DCMT Consideration Share (“Proposed DCMT Acquisition”);
 
(v) proposed acquisition by DPV of approximately 19.4% equity interest in Daya Maxflo Sdn Bhd (“DMAX”), an approximately 69.6%-owned operating subsidiary of DPV, from WK Propel Sdn Bhd (“WKP”) for a purchase consideration of RM5,760,000, to be satisfied via the issuance of 28,800,000 new Newco Shares (“DMAX Consideration Shares”) at an issue price of RM0.20 per DMAX Consideration Share (“Proposed DMAX Acquisition”);
 
(vi) proposed settlement by Newco of the liabilities owing to the identified secured and unsecured creditors of the DMB group of companies and the identified trade creditors of DCMT amounting to approximately RM107.7 million via the issuance of 215,370,345 new Newco Shares (“Debt Settlement Shares”) at an issue price of RM0.50 per Debt Settlement Share (“Proposed Debt Settlement”);
 
(vii) proposed settlement by Newco of professional fee owing to Sage 3 Capital Sdn Bhd of up to RM610,114 via the issuance of up to 3,050,570 new Newco Shares (“Fee Settlement Shares”) at an issue price of RM0.20 per Fee Settlement Share (“Proposed Fee Settlement”);
 
(viii) proposed private placement of up to 225,000,000 new Newco Shares (“Placement Shares”) at an issue price of RM0.20 per Placement Share to WKP, Lee Sze Yeen and investors to be identified (“Proposed Private Placement”); and
 
(ix) proposed establishment of a long term incentive plan of up to 15% of the total number of issued shares of Newco at any point in time for the eligible directors and employees of Newco and its subsidiaries (excluding dormant subsidiaries), which consists of an employee share option scheme and an executive share grant scheme (collectively, the “Proposed LTIP”).
 
Please refer to the attachment for the full text of the announcement in relation to the Proposed Regularisation Plan.

regularisation plan 2021

so sad my share become tiny... goodbye my love

welcome newco 2021. . .

DAYA game over..

huat chai..

Huhu.. y said like tat. do investment only..

yaka? can tahan ka..

superman want fly again?

一马成，黄金港海峡 经济效应差很多。。

ya, but no meaning continue, without link Singapore..

I mean singapore ..

giving free to build for Singapore also can la, c tat short giving so many job to Malaysia.. aiya..

can not look for future.. without sg

come come test kit offer...

let's Mr. Market determined...

if not allow up, the price keep 0.015-0.020 then sad lo.. huhu

but I more happy to collect time 0.005

Huhu I mean to buy or sell..

yeah agree with u.. different look different play..

I keep posting old news not because old news only, I mean the income coming soon. coz project nearly done mean the money also come..

barakah ban from petronas, but daya keep project from petronas..

it been under control the price.. if not it jump more higher.. than barakah..

I choose daya for my challenge, it work for me. and now I'm sitting on profit..

agree tat hard to believe. but I try to use buffet skill, he said if u no have a stock hold over 3 years time u never get a stock in 3 years time..

rili hope in can back to 0.10 , tats the time it enter pn17

got 10 debts, if settle 1 by 1, get 10 news, then up x10 times... wakaka

just announcement only no use.. we need more news publish in news... hehe

and it not yet publish in news..

yes agree.. tat just announcement regularisation plan for newco take over daya..

KUALA LUMPUR 17 NOV 2020: Daya Materials Bhd's subsidiary Daya Maxflo Sdn Bhd has received a letter of award from Petronas Carigali Sdn Bhd for the provision of downhole tools and services.

In a filing with Bursa Malaysia, the group said the Contract is to provide downhole imaging services which will be deployed on memory, real time or drill pipe conveyance system in both cased or open hole well for PCSB’s assets in East and West Malaysia.

The contract is for a duration of five years until Oct 22, 2025.

The quantity of work is on a "call-out" basis with work orders to be issues to Daya Maxflo when the services are required and at the discretion of Petronas Carigali based on the schedule of rates set forth in the contract.

The contract will have no effect on the issued and paid-up capital of the Company and is not expected to have a material effect on the earnings of Daya Materials group of companies for the financial year ending June 30, 2021, until the specific work orders is issued, it said.

there are total 353 offshore platforms still process good..

The latest PETRONAS
ACTIVITY OUTLOOK
2019-2021

900 offshore platforms

Malaysia started oil exploration activities in shallow waters in the 1970s and started active extraction and production in the 1980s till today. There are currently over 900 offshore platforms of which almost 600 of them are over 20 years old.

the lowest price if collect enof, not a big problem..

pray huat all together.. huat huat..

now I change to pray goreng up high high..

newco take over daya, will they allow to goreng til 2 months time?

regularisation plan take 2 months time to approve...

haha.. u not support aem also?

at least so me goreng power up up ..

just hope got fortune luck coming, if not rili west my energy for pray so hard to daya so long long time..

change for exit pn17..

old dept almost clear?

and DCMT become 100% by this new Co. coming..

and skill same as consol 100 into 1

still in bursa, change name

Wat nice name use?