Serba Dinamik Holdings – Long-term Plans to Move Up the Industry 4.0 Value Chain

Serba Dinamik Holdings – Long-term Plans to Move Up the Industry 4.0 Value Chain

Community Initiative, Creative Arts & Design, Digital Economy, Entrepreneurs, FinTech, Industry 4.0, Our Community, Sarawak, Smart City
Serba still offers further upside, as it is expected to meet its RM7.5b orderbook target. Aside from international EPCC projects and the incoming inclusion of PICC in the orderbook, there are long-term O&M contracts available in the Middle East and Malaysia. Management is also serious with ramping up Industry 4.0 initiatives for O&G maintenance, and its three non-O&G apps are generating revenue and have long-term potential for carve-outs. Maintain BUY with a target price of RM4.30. WHAT’S NEW Abundant Petronas-related opportunities. Despite having <20% direct Petronas exposure in its orderbook, Serba Dinamik Holdings (Serba) may benefit from the upcoming plant turnaround maintenance contracts of up to 5+5 years. This is in contrast to its existing 2+1 year Malaysian plant O&M contracts. According to the Petronas Activity Outlook, the number of plant turnarounds is expected to…
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Serba Dinamik in talks to expand training programme to Senegal

Serba Dinamik in talks to expand training programme to Senegal

Digital Economy, Entrepreneurs, Industry 4.0, Our Community, Smart City
KUALA LUMPUR: Engineering services provider Serba Dinamik Bhd, whose share price has more doubled since its listing on Bursa Malaysia a year ago, has identified West African country Senegal as the expansion target for its training programme. “It is not a firm order, we are negotiating to set up a technical and vocational education and training programme. They (Senegal) are very keen if an entity like Serba Dinamik can come in to upskill their manpower and their citizens,” the group CEO Datuk Abdul Karim Abdullah (pix) told SunBiz recently about its plans to expand to Senegal. The group provides technical and vocational education and training services for the oil and gas sector as well as petrochemical industry-related skills. Abdul Karim believes that a skilled local workforce is important and cost…
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Serba Dinamik buys stakes in Dutch companies for RM6.5m

Serba Dinamik buys stakes in Dutch companies for RM6.5m

Digital Economy, Entrepreneurs, Industry 4.0, Our Community, Smart City
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 performance upgrading, advisory and trading of steam turbines and spare parts within Europe, Africa, the Middle East and the Far East. The purchase considerations will be satisfied entirely in cash,…
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HOW TO INVEST IN MALAYSIA’S 4TH INDUSTRIAL REVOLUTION GROWTH

HOW TO INVEST IN MALAYSIA’S 4TH INDUSTRIAL REVOLUTION GROWTH

Digital Economy, Entrepreneurs, Industry 4.0, Our Community, Smart City
Malaysia has embarked on the 4th industrial revolution (Industry 4.0). The core of Industry 4.0 is a set of rapidly evolving and converging technologies that include big data analytics, autonomous robots, artificial intelligence (AI), cloud computing, Internet of Things (IoT), additive manufacturing (3D printing), system integration, cybersecurity, augmented reality and simulation. According to the World Economic Forum’s 2018 report on Readiness for the Future of Production, Malaysia is one of the 25 leading countries (out of 100) that exhibit a high level of readiness for the 4th industrial revolution. Some key players in various industries in Malaysia are in the progress of digitising their essential functions in this Industry 4.0 wave. UOBKH thinks that these key players will stand tall among its peers if it can successfully drive digitalisation. Investors Takeaway:…
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Serba Dinamik sasar 200 megawatt tenaga boleh baharu tahun ini

Serba Dinamik sasar 200 megawatt tenaga boleh baharu tahun ini

Entrepreneurs, Industry 4.0, Our Community, Renewable Energy, Sabah
KUALA LUMPUR: Serba Dinamik Holdings Bhd menjangka dapat mencapai sasaran pengeluaran tenaga boleh baharu sehingga 200 megawatt (MW) pada tahun ini. Ketua Pegawai Eksekutif dan Pengarah Urusannya Datuk Dr Abdul Karim Abdullah berkata setakat ini projek berkenaan sedang dibangunkan di Sabah, Perak dan Laos."Sehingga kini syarikat membangunkan projek menghasilkan 130 megawatt dengan anggaran kos sebanyak RM1.3 bilion di lokasi tersebut," katanya kepada pemberita pada program Smart Living Innovation Caucus 2018 (SLIC) di sini pada Selasa. "Sebagai contoh, di Kota Marudu (Sabah) kita sedang membangunkan projek 30 MW loji kuasa hidro. Kita juga menandantangani kontrak untuk membina 60 MW di Perak.Malah, kata Abdul Karim, syarikat juga optimis baki 70 MW yang melibatkan anggaran kos sebanyak RM700 juta mampu dicapai menjelang hujung tahun ini.Mengenai hasrat kerajaan untuk menghasilkan 20 peratus tenaga boleh…
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Serba Dinamik collaborates with Hill International for Pengerang project

Serba Dinamik collaborates with Hill International for Pengerang project

Entrepreneurs, Industry 4.0, Our Community, Smart City
KUALA LUMPUR (July 31): Serba Dinamik Holdings Bhd has inked a heads of agremeent (HoA) with Hill International N.V to jointly undertake the proposed development of the Pengerang International Commercial Centre (PICC) in Pengerang, Johor. The HoA was inked today, according to Serba Dinamik in a stock exchange filing. The PICC project was initiated by the group, following a memorandum of agreement dated Aug 18 last year. The HoA sets out the basic principles and understandings between the parties, with a view of entering into the memorandum of understanding (MoU) in relation to the execution of a definitive agreement pertaining to the PICC Project. The parties will enter into the MoU on or before Aug 31 this year. Under the HoA, Serba Dinamik will, among others, appoint the necessary consultants,…
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Korporat bantu wujud Bursa Maya kreatif

Korporat bantu wujud Bursa Maya kreatif

Community Initiative, Creative Arts & Design, Digital Economy, Entrepreneurs, Industry 4.0, Our Community, Smart City
Badan korporat menyambut baik usaha kewujudan Global Content Exchange (GCE) atau Bursa Maya oleh Yayasan Pembangunan Buku Negara (YPBN) bagi mengetengahkan hasil kreatif dan seni negara ke medan antarabangsa. [embed]https://www.youtube.com/watch?v=M-Bfb8sAJdw[/embed] [Source: "Korporat bantu wujud Bursa Maya kreatif" published by Astro Awani]
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In Focus: Serba Dinamik Perkasa Industri Buku Dengan GCE

In Focus: Serba Dinamik Perkasa Industri Buku Dengan GCE

Community Initiative, Creative Arts & Design, Digital Economy, Entrepreneurs, Industry 4.0, Our Community, Smart City
KUALA LUMPUR, 30 April (Bernama)-- Serba Dinamik Group Bhd dengan kerjasama Yayasan Pembangunan Buku Negara akan melancarkan platform kandungan digital, Global Content Exchange (GCE), pada akhir Mei ini untuk memperkasakan industri buku di peringkat antarabangsa. GCE dapat memberi manfaat kepada banyak pihak, terutama peserta industri buku, untuk mengembangkan jangkauan karya mereka di seluruh dunia. [embed]https://www.youtube.com/watch?v=1Z7mm7erieM[/embed] [Source: "In Focus: Serba Dinamik Perkasa Industri Buku Dengan GCE" published by Bernama WebTV]
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STARTUP BORNEO and TIMOGAH To Explore Opportunities In Dubai At AIM Startup 2019

STARTUP BORNEO and TIMOGAH To Explore Opportunities In Dubai At AIM Startup 2019

Community Initiative, Digital Economy, Entrepreneurs, Farming & Agriculture, Industry 4.0, Our Community, Sarawak, Smart City
After having a meeting with our technical team from KL, TIMOGAH is now ready to fly to Dubai.   Today, STARTUP BORNEO is bringing TIMOGAH to Dubai for the 2019 AIM Startup event to seek possibilities and opportunities as one of a continuous engagement, collaboration and initiatives between Startup Borneo and emerging startups in Borneo. On April 8 – 10/2019, AIM Startup will host the Third Edition of its Annual Innovation Showcase and Pitch Competition in Dubai, United Arab Emirates, in conjunction with the Annual Investment Meeting and Future Cities Show. AIM Startup will be an ideal platform for TIMOGAH, looking to raise capital and forge meaningful business relationships with major investors, business leaders, representatives of international institutions and government entities. Launched in 2017, AIM Startup, an initiative of the…
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SME CORP MALAYSIA MAKES DEBUT AS VC IN US$24 MIL FUND WITH RHL VENTURES

SME CORP MALAYSIA MAKES DEBUT AS VC IN US$24 MIL FUND WITH RHL VENTURES

Creative Arts & Design, Digital Economy, Entrepreneurs, Farming & Agriculture, FinTech, Fishing, Industry 4.0, Renewable Energy, Smart City
( L to R) RHL Ventures Partners , Teng Chen Shun, Jo Jo Kong , Rachel Lau , Tengku Ahmad Ridhwanuddin and Raja Hamzah Abidin In a first for Malaysia’s venture capital sector, SME Corp Malaysia, the key agency promoting and driving the SME sector, has decided to up its game and get directly involved in the growth of SMEs via equity investment as a venture capital company. Together with private investment firm RHL Ventures, SME Corp Malaysia has announced a US$24.3 million (RM100 million) fund designed to support the growth of local small and medium enterprises (SMEs). The first tranche of funding, from SME Corp, on a 1 to 1 matching basis with RHL has been executed. The amount is believed to be in the RM45 million range. This…
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