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SKP and Dayang surged on HUC jobs award
by hlk Tue 28 May 2013, 13:05
PETALING JAYA: Shares of both SapuraKencana Petroleum and Dayang Enterprise Holdings Bhd surged amid active trade on Tuesday, after both companies announced the award of hook-up and commissioning jobs.
At 9.45am, SapuraKencana gained 14 sen or 3.5% to RM4.04, while Dayang climbed 17 sen or 3.4% to RM5.07.
On
Monday, SapuraKencana announced that ExxonMobil awarded a RM300 million
to RM500 million contract to the former for the provision of hook-up
and commissioning and topside major maintenance services.
Dayang
was awarded a contract of similar services provision by Petronas
Carigali, however, the value of the job was not disclosed.
Analysts
believe that the contract awarded to Dayang should be valued between
RM1 billion to RM1.2 billion based on previous awards.
At 9.45am, SapuraKencana gained 14 sen or 3.5% to RM4.04, while Dayang climbed 17 sen or 3.4% to RM5.07.
On
Monday, SapuraKencana announced that ExxonMobil awarded a RM300 million
to RM500 million contract to the former for the provision of hook-up
and commissioning and topside major maintenance services.
Dayang
was awarded a contract of similar services provision by Petronas
Carigali, however, the value of the job was not disclosed.
Analysts
believe that the contract awarded to Dayang should be valued between
RM1 billion to RM1.2 billion based on previous awards.
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