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.
KUALA LUMPUR, Aug 22 -- Serba Dinamik Holdings Bhd's net profit jumped to RM130.44 million in the second quarter ended June 30, 2019 (Q2 2019) from RM102.74 million in the same period last year.
KUALA LUMPUR, Aug 22 -- The first of two units coal-fired power plants owned and operated by Jimah East Power Sdn Bhd (JEP) has successfully achieved its commercial operation date (COD) at midnight yesterday, adding another 1,000 megawatts (MW) to Peninsular Malaysia’s existing generation capacity of 22,748 MW.
KUALA LUMPUR, Aug 22 -- PLUS Malaysia Berhad (PLUS) headquarters, Persada PLUS has received the One Diamond recognition, thus making PLUS the first highway concession company in this country to receive such recognition.
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