KUALA LUMPUR, Aug 13 (Bernama) -- Serba Dinamik Holdings Bhd’s (SDHB) wholly-owned unit, Serba Dinamik International Ltd (SDIL), has secured an engineering, procurement, construction and commissioning (EPCC) contract in Uzbekistan, worth US$250.3 million (US$1=RM4.20).
In a filing with Bursa Malaysia today, it said SDIL had entered into a contract with Hazarasp Chlor Alkali LLC FC for EPCC works for a chlorine processing plant and a steam turbine independent power plant in Khorezm, Uzbekistan.
The duration of the contract is from Aug 8, 2019 to Aug 7, 2021.
Meanwhile, another SDHB unit, Serba Dinamik Sdn Bhd (SDSB), has secured two operations and maintenance (O&M) contracts from Petronas Carigali Sdn Bhd to provide maintenance services for Weir Gas Compressor (up to June 9, 2020) and Capstone Microturbine Generator (up to June 17, 2022).
“The O&M contracts have no specific value as they are on a ‘call-out’ basis whereby the work orders will be awarded at the discretion of the clients based on its schedules and rates throughout the duration of the contracts.
"The contracts are expected to contribute positively to the group’s earnings for the financial year ending Dec 31, 2019,” it added.
PORT KLANG, July 8 -- The Energy Commission (ST) and Tenaga Nasional Berhad (TNB) raided two cryptocurrency business premises in Taman Pendamar Indah here on suspicion of electricity theft.
KUALA LUMPUR, July 7 -- Serba Dinamik Holdings Bhd (SDHB) has sold its entire 25.2 per cent equity interest in Singapore-listed technology company CSE Global Ltd in the open market for RM177.33 million.
KUALA LUMPUR, July 7 -- KNM Group Bhd's (KNM) wholly-owned subsidiary, KNM Process Systems Sdn Bhd, has signed a joint-venture (JV) agreement with ADAP Capital Sdn Bhd to form a company in respect of oil, gas and petrochemical project in Sarawak.
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