Serba Dinamik clinches 13 contracts worth RM465.1m

PETALING JAYA: Serba Dinamik Holdings Bhd has secured 13 contracts with an estimated total value of RM465.1 million.
The engineering services provider told Bursa Malaysia that it had received seven operations and maintenance (O&M) contracts and one engineering, procurement, construction and commissioning (EPCC) contract.
Concurrently, its wholly owned subsidiary PT Serba Dinamik Indonesia also bagged three O&M contacts and two EPCC contracts.
Its clients include Petronas Chemicals Methanol Sdn Bhd, Petronas Floating LNG 1 (L) Ltd, Petronas Dagangan Berhad (PDB), Petronas Carigali Sdn Bhd, Agility Energy FZE, Regno International Trading and Services WLL, among others.
Serba Dinamik group managing director and CEO Datuk Mohd. Abdul Karim Abdullah said the contract wins will keep it busy until 2033.
"We have also managed to enter Kazakhstan through our first work contract there, which further strengthens our foothold in Central Asia. We are optimistic and confident that there will be more opportunities to enlarge our market presence in the region," he added.
At the midday break, Serba Dinamik shares were up 2 sen or 0.6% to RM3.17 on 15,800 shares done.