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Serba Dinamik secures RM408 8m contracts in India and Indonesia

Bhd group has secured an operations and maintenance (O&M) contracts and three information, communication & technology (ICT) jobs worth US$99.6mil (RM408.80mil). It announced to Bursa Malaysia its unit SDIT International Ltd bagged an ICT contract while its 49% associate Serba2C India Private Limited secured two ICT contracts in India. Its 75% owned PT Serba Dinamik Indonesia secured one O&M contract. “The combined estimated contract value of the contracts secured above is approximately US$99.60mil, ” it said. SDIT will provide the design, installation and commission and facilitation of integrated adaptive traffic management system to Captive Technology Solutions Pvt Ltd in India.

Quick take: Serba Dinamik shares up on RM548mil contracts win

rose over 4% in early trade Tuesday after securing RM548mil worth of contracts. The energy services group rose 4.94%, or eight sen to RM1.70 with 5.5 million shares traded. Serba Dinamik secured nine contracts worth a total RM548.2mil and another two contracts with unspecified values. The company said the contracts were in operations and maintenance (O&M), engineering, procurement, construction and commissioning (EPCC) as well as information, communications and technology (ICT) space. Group managing director/group chief executive officer Datuk Dr Mohd Abdul Karim Abdullah said five O&M projects were awarded by PT Pilar Bahtera Energi, the leading uninterrupted power supplier in Indonesia, which enabled Serba Dinamik to participate into the republic’s power industry.

Serba Dinamik bags local, overseas contracts worth combined RM548 million

Serba Dinamik bags local, overseas contracts worth combined RM548 million PETALING JAYA : Serba Dinamik Holdings Bhd revealed that it has secured a slew of contracts in Malaysia, Indonesia and India with a combined estimated value of US$135.8 million (RM548.2 million). According to its Bursa disclosure, the group’s 75%-owned unit PT Serba Dinamik Indonesia has secured eight operations & maintenance (O&M) contract; its wholly owned unit SDIT International Ltd has been awarded one information, communication & technology (ICT) contract and its wholly owned unit Serba Dinamik Sdn Bhd has secured one O&M contract and one engineering, procurement, construction & commissioning contract.

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