Serba Dinamik gets RM465.9 million projects


SERBA Dinamik Holdings Bhd’s subsidiaries had secured nine contracts involving six in operations and maintenance (O&M);  one in engineering, procurement, construction and commissioning (EPCC) and two in information, communication and technology (ICT) projects.

Its wholly- owned subsidiaries, Serba Dinamik International Ltd, SDIT International Ltd and a 75%-owned subsidiary, PT Serba Dinamik Indonesia have secured five overseas contracts worth US$114.3 million (RM465.9 million).

According to Serba Dinamik, the contracts in Indonesia, United Arab Emirates and Republic of Guinea.

“One of the subsidiaries, Serba Dinamik Sdn Bhd had also secured four O&M contracts in Malaysia, with no specific value as the contracts are on a “call-out” basis.

“The contracts secured are expected to contribute positively to the Serba Dinamik Group’s earnings for the financial year ending December 31, 2020,” the company said in a bourse filing.