KUALA LUMPUR, Feb 4 -- Serba Dinamik Holdings Bhd, through its subsidiaries, has secured 12 projects thus far this year.
Five were bagged by its 75 per cent-owned subsidiary, PT Serba Dinamik Indonesia (PTSDI), namely three operations and maintenance (O&M) contracts, one engineering, procurement, construction and commissioning (EPCC) contract, and one product and services contract.
Another O&M contract was secured by its wholly-owned subsidiary, Serba Dinamik International Ltd (SDIL) in Oman.
“The combined estimated value of the contracts secured above is approximately RM320.89 million,” it said in a statement today.
The global integrated engineering services provider said its wholly-owned unit, Serba Dinamik Sdn Bhd (SDSB) bagged five O&M contracts and one product and services contract.
"The contracts above have no specific value as these are on a 'call-out' basis whereby the work orders will be awarded at the discretion of the client based on their activities’ schedules and rates throughout the duration of the respective contracts," it said.
Serba Dinamik group managing director and group chief executive officer Datuk Mohd Abdul Karim Abdullah said the secured contracts in Indonesia and Oman would further strengthen the company's foothold in Southeast Asia and the Middle East.
"We are pleased that these projects will contribute towards enhancing our earnings in the long term, as well as bring us one step closer to our internal target for this year," he added.
KUCHING, Feb 12 -- Petroliam Nasional Bhd (Petronas) is committed to supporting the aspiration of the Sarawak Government in developing the oil and gas industry for the benefit of the people of Sarawak and the nation.
KUALA LUMPUR, Feb 11 -- AmInvestment Bhd has maintained its ‘buy’ call on Serba Dinamik Holdings Bhd (Serba) with an unchanged forecast and dilutes sum-of-parts-based fair value of RM3 per share.
CYBERJAYA, Feb 10 -- Prime Minister Tun Dr Mahathir Mohamad said Malaysia will not build nuclear power plants until there is a safe way to dispose off the radioactive waste generated.
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