SERBA DI­NAMIK UNITS SE­CURE RM830.9m DEALS

New Straits Times - - BUSINESS -

KUALA LUMPUR: Serba Di­namik Hold­ings Bhd’s sub­sidiaries, Serba Di­namik Sdn Bhd (SDSB) and Serba Di­namik In­ter­na­tional Ltd (SDIL), have se­cured a to­tal of seven con­tracts worth about RM830.9 mil­lion.

In a fil­ing to Bursa Malaysia yes­ter­day, Serba Di­namik said SDSB bagged two en­gi­neer­ing, pro­cure­ment, con­struc­tion and com­mis­sion­ing (EPCC) con­tracts and four new op­er­a­tions and main­te­nance (O&M) con­tracts, while SDIL se­cured one O&M con­tract.

SDSB will pro­vide EPCC works for Maju Re­new­able En­ergy Sdn Bhd, Maju RE (Talang) Sdn Bhd and Maju RE (Te­meng­gor) Sdn Bhd in Perak, be­gin­ning April till March 2020.

SDSB will also be in­volved in EPCC work for Green & Smart Sdn Bhd to sup­ply, de­sign, fab­ri­cate and com­mis­sion a 2.7megawatt bio­gas power plant at Syarikat Pe­ladang & Perusa­haan Minyal Mill in Teluk In­tan Perak, start­ing Fe­bru­ary 8 till De­cem­ber 7.

SDSB will carry out O&M works for Asean Bin­tulu Fer­tiliser Sdn Bhd, Petronas Da­gan­gan Bhd, Petronas Chem­i­cals LDPE Sdn Bhd, Maju Re­new­able En­ergy Sdn Bhd, Maju RE (Talang) Sdn Bhd and Maju RE (Te­meng­gor) Sdn Bhd.

Mean­while, SDIL will pro­vide O&M genset op­er­a­tion and main­te­nance ser­vices at Kal­i­man­tan op­er­a­tion (Chevron In­done­sia), from De­cem­ber 4 last year to Novem­ber 3 next year.

Serba Di­namik said the con­tracts are ex­pected to con­tribute pos­i­tively to group’s earn­ings for the fi­nan­cial year end­ing De­cem­ber 31 2018.

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