KEYFIELD

1.410

-0.01 (-0.7%)

OTHERS KEYFIELD INTERNATIONAL BERHAD ("KEYFIELD") DISPOSAL OF KEYFIELD COMPASSION ("CPS" OR "THE VESSEL"), A DYNAMIC POSITIONING 2 ACCOMMODATION WORKBOAT ("DP2 AWB"), BY KEYFIELD RESOLUTE SDN. BHD. ("KRSB"), A WHOLLY-OWNED SUBSIDIARY OF KEYFIELD, FOR A CASH DISPOSAL CONSIDERATION OF USD36.8 MILLION ("DISPOSAL")

KEYFIELD INTERNATIONAL BERHAD

Type Announcement
Subject OTHERS
Description
KEYFIELD INTERNATIONAL BERHAD ("KEYFIELD")
DISPOSAL OF KEYFIELD COMPASSION ("CPS" OR "THE VESSEL"), A DYNAMIC POSITIONING 2 ACCOMMODATION WORKBOAT ("DP2 AWB"), BY KEYFIELD RESOLUTE SDN. BHD. ("KRSB"), A WHOLLY-OWNED SUBSIDIARY OF KEYFIELD, FOR A CASH DISPOSAL CONSIDERATION OF USD36.8 MILLION ("DISPOSAL")

We refer to the announcements dated 17 November 2025 and 14 January 2026 in relation to the Disposal (“Announcement”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcement.

 

Keyfield wishes to announce that KRSB and Petro Laut Sdn Bhd (the “Buyer”) have signed an Addendum No. 2 to the MOA (“Addendum No. 1”) on 13 February 2026.

 

Pursuant to Addendum No. 2, the cancelling date for the MOA has been extended from 15 February 2026 to 25 February 2026, subject to the 90% balance purchase consideration for the Disposal being deposited into the escrow agent’s account by 23 February 2026. Accordingly, the Vessel shall now be delivered to the Buyer by 25 February 2026, subject to the above.

 

A copy of Addendum No. 2 is available for inspection at the registered office of our Company at Level 5, Guoco Tower, 6 Jalan Damanlela, Damansara City, Bukit Damansara, 50490 Kuala Lumpur during normal business hours from Mondays to Fridays (except for public holidays) for a period of three (3) months from the date of this announcement.

 

This announcement is dated 13 February 2026.






Announcement Info

Company Name KEYFIELD INTERNATIONAL BERHAD
Stock Name KEYFIELD
Date Announced 13 Feb 2026
Category General Announcement for PLC
Reference Number GA1-13022026-00080