Serba Dinamik buys stakes in Dutch companies for RM6.5m
PETALING JAYA: Serba Dinamik Holdings Bhd has proposed to acquire a 25% stake in Psicon BV for 400,000 euro (RM1.93 million) cash and the entire 100% equity interest in Psicon AVV for US$1.1 million (RM4.56 million) cash. Serba Dinamik said in a filing with the stock exchange that its wholly owned subsidiary Serba Dinamik International Ltd (SDIL) had entered into two separate share sale agreements, including with Liberty Industries B.V. for the Psicon BV acquisition; and with Frank Koper for the Psicon AVV acquisition. Psicon BV and Psicon AVV are primarily engaged in the business of process improvement, rotating equipment…