Serba Dinamik finds opportunities in the North Sea
KUALA LUMPUR: Serba Dinamik Holdings Bhd's latest acquisition could serve as a cornerstone for the group to build its operations and penetrate the North Sea Market, says AmInvestment Bank research. The research house, which has a "buy" call and fair value of RM2.20 on Serba Dinamik, said the purchase of Wellahead Engineering is in line with the group's expansion strategy. "The group remains on the prowl for further value-enhancing acquisitions to expand its oil & gas maintenance-focused expertise and technical capabilities into existing markets while aggressively venturing into new geographical locations," it said. The UK's Daily Business reported that Serba…