Serba Dinamik secures nine jobs

PETALING JAYA: Serba Dinamik Holdings Group Bhd (SDHB) has secured nine contracts for the year via two of its wholly-owned subsidiaries.

Serba Dinamik International Lrd (SDIL) obtained three operations and maintenance (O&M) contracts from Energeniq FZE in the United Arab Emirates, Pavillion Multi Holding LLC in Uzbekistan and Process Dynamics Company in Qatar.

These contracts have an estimated value of US$110mil (RM448.09mil). The projects, which commenced in November, last month and early this month, have a duration of two to three years.

The company also bagged six other contracts – an engineering, procurement, construction and commissioning (EPCC) contract with Malaysia LNG Sdn Bhd, three O&M contracts from Pengerang Refining Company Sdn Bhd and two O&M & EPCC contracts from Petronas Carigali Sdn Bhd.

These six contracts have no specific values as they are on a “call-out” basis whereby work orders will be awarded at the discretion of clients based on its activities’ schedules and rates

These contracts will contribute positively to our financial performance.

Datuk Mohd Abdul Karim Abdullah

throughout the duration of the contracts.

Group managing director and CEO Datuk Mohd Abdul Karim Abdullah expressed his appreciation of the continued confidence and support from its business partners and are proud to secure a contract in Uzbekistan for the first time, which symbolises the group further strengthening its footprint in Central Asia.

“These contracts will contribute positively to our financial performance, symbolising a good start of the year.

“Our order book value has spiked up to RM7.5bil, which further motivates us to strive for the year,” he said in a statement.