Propel Global Berhad (Malaysia)

Propel Global Berhad is the listing vehicle that will take over the listing of Daya Materials Berhad on 28 April 2022. As part of the Group's listing, Propel Group will acquire Daya Materials oil and gas ('O&G') and building technical services assets. These O&G assets include services in pipe recovery for drilling operations, downhole data logging and processing as well as chemical blending and supply for both downstream and upstream operations. The building technical services business provides design, engineering, construction, project management and maintenance & management of commercial and industrial buildings and facilities on a single-source platform to a wide range of industrial clients.
As part of the Regularisation Plan, DAYA will be de-listed from the Official List of the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securitiesâ€) and PGB will be admitted to the Official List of the Main Market of Bursa Securities in place of DAYA with effect from 9.00 a.m., Thursday, 28 April 2022 with PGB's issued share capital of RM195,114,802 comprising 604,339,944 PGB shares.
The PGB shares will be listed on the “Energy†sector of the Main Market of Bursa Securities.
The stock short name, stock code and ISIN code of PGB Shares are “PGBâ€, “0091†and “MYQ0091OO007â€, respectively.Â