Friday 26 Apr 2024
By
main news image

This article first appeared in The Edge Financial Daily on November 30, 2017

KUALA LUMPUR: Serba Dinamik Holdings Bhd has bagged four new engineering, procurement, construction and commissioning (EPCC) contracts and four operation and maintenance (O&M) contracts worth a combined RM496 million.

In a filing with Bursa Malaysia yesterday, Serba Dinamik said its wholly-owned subsidiary Serba Dinamik Sdn Bhd had entered into three EPCC contracts and one O&M contract with Greenearth Landmark Sdn Bhd, which are altogether worth RM385 million.

In addition, the company has secured an EPCC contract from Malaysia LNG Sdn Bhd and three other separate O&M contracts from JX Nippon Oil & Gas Exploration (Malaysia) Ltd, Malaysia LNG and Petronas Dagangan Bhd, which are worth a combined RM111 million.

“The contracts secured are expected to contribute positively to the group’s earnings for the financial years ending Dec 31, 2018 to 2027,” said Serba Dinamik.

      Print
      Text Size
      Share