KUALA LUMPUR, March 20 (Bernama) -- Oil and gas (O&G) service provider Serba Dinamik Holdings Bhd plans to bid for contracts worth RM20 billion across its operations this year.
Of them, 60 per cent will be in the oil and gas sector, followed by power generation (30 per cent) and other sectors (10 per cent).
Speaking to reporters on the sidelines of Invest Malaysia 2019 capital market forum here today, group chief executive officer Datuk Mohd Abdul Karim Abdullah said at the moment, 80 to 85 per cent of its revenue was derived from the O&G segment.
He said by year-end, the order book for the segment could rise to RM10 billion from the current RM8.3 billion.
"We believe RM10 billion is a good and achievable figure and will help to put the company on a good, strong financial position," he said.
He said the company was bullish over the industry growth, with Brent crude oil fluctuating between US$60 and US$70 per barrel this year.
Aside from Malaysia, the company is also operating in Africa, Middle East and the European Union.
KUALA LUMPUR, March 28 -- Bank Pembangunan Malaysia Bhd (BPMB) will provide all relevant support to its customers facing difficulties including granting a moratorium on repayments/payments of loans/financings for a period of six months.
KUALA LUMPUR, March 27 – Tenaga Nasional Berhad (TNB) has pledged RM150 million to support the government’s announcement of a tiered electricity rebate to assist affected Malaysians following the extension of the Movement Control Order (MCO) period until April 14.
KUALA LUMPUR, March 26 -- Energy and Natural Resources Minister Datuk Dr Shamsul Anuar Nasarah has expressed confidence on the preparedness of Tenaga Nasional Bhd (TNB) in revving up its capacity to meet electricity supply demand in the Peninsula during the Movement Control Order (MCO).
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