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Dialog acquires 51% stake in Anewa Engineering
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Anewa Engineering Private Limited ("Anewa") is pleased to announce that Dialog Systems (Asia) Pte Ltd ("DSAPL"), wholly owned subsidiary of Dialog Group Berhad ("DIALOG"), has acquire a 51% equity interest in Anewa.
With the acquisition of Anewa, DIALOG's engineering capabilities are further strengthened with the injection of a pool of skilled and experience manpower into DIALOG that will support DIALOG's rapidly growing business locally and globally. It further provides access to new customers in various parts of the world namely in the Middle East and India.
The acquisition of Anewa is also in line with DIALOG's strategy of focusing and growing its core businesses, penetrating new markets and investing in businesses with long term sustainable income.
Since its commencement in 1984, Dialog Group Berhad (DIALOG) has grown into one of Malaysia’s leading integrated specialist technical services providers to the oil, gas and petrochemical industry. The services provided range from upstream to downstream activities encompassing: |
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Logistic Services – Tank Terminals & Supply Base |
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Specialist Products and Services |
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Catalyst Handling Services |
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Plant Maintenance |
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Engineering & Construction |
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Fabrication |
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ePayment Technology & Solutions |
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Based in Kuala Lumpur, with offices and facilities in Malaysia, Singapore, Thailand, Indonesia, Vietnam, China, Hong Kong, Australia, Saudi Arabia, United Kingdom and USA, DIALOG has business interests and customers throughout the Asia Pacific region, the Middle East, Europe, Africa, USA and South America.
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Among its customers are multi-national oil majors, national oil companies as well as multi-national engineering and services providers.
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DIALOG was first listed on 6 May 1996 on the Second Board of the Kuala Lumpur Stock Exchange (KLSE) under the sector of Trading/Services. Four years later on 21 March 2000, DIALOG was transferred to the Main Board of the KLSE [now known as Main Market, Bursa Malaysia Securities Berhad] and was included as a component stock of the Kuala Lumpur Composite Index from 22 April 2002 to 5 July 2009 prior to the conversion of the KLCI to FBM KLCI on 6 July 2009.
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