![]() A total revenue of RM2.16 billion for FYE 2016, an increase by 53.6% as compared to RM1.40 billion posted for FYE 2015. ![]() For the full financial year ended 31 December 2016, Serba Dinamik Holdings registered RM2.16 billion in revenue. The Company assumed its role as a holding company since. Both PBT and PAT recorded growth rates of 114.8% and 116.5% respectively as compared to RM48.38 million and RM44.66 million correspondingly documented for Q3FY16.įinancial Year Ended 2016 ("FYE 2016") vs Financial Year Ended 2015 ("FYE 2015") A significant increase in Profit Before Tax ("PBT") at RM103.92 million and Profit After Tax ("PAT") at RM96.70 million for Q4FY16. An increase of 43.1% in revenue at RM731.77 million as compared to RM511.51 million recorded for the preceding quarter - The improvement in revenue was mainly driven by the Group's operations & maintenance ("O&M") segment with a contribution of 86.5%, followed by its engineering, procurement, construction and commissioning ("EPCC") segment that contributed 13.5% to the Group's total revenue. Yesterday, the company filed an appeal against the High Court’s decision to wind up the company and its three subsidiaries.Q4FY16 vs Third quarter ended 30 September 2016 ("Q3FY16") The four companies are said to have a total debt of close to RM5 billion. The six financial institutions acting as the suit’s petitioners are Standard Chartered Saadiq Bhd, HSBC Amanah Malaysia Bhd, AmBank Islamic Bhd, MIDF Amanah Investment Bank Bhd, United Overseas Bank (Malaysia) Bhd, and Bank Islam Malaysia Bhd. On Jan 10, 2023, the High Court judicial commissioner Ahmad Murad Abdul Aziz allowed a petition filed by six financial institutions to wind up SDHB and its subsidiaries - Serba Dinamik Group Bhd, Serba Dinamik Sdn Bhd, and Serba Dinamik International Ltd. ![]() ![]() “We will also ensure that we continuously attract, train, and retain employees in this competitive industry,” he said. “As new energies slowly replace fossil fuel, we need to be prepared to offer services in line with this inevitable energy transition. Meanwhile, SDHB chairman Datuk Abdul Kadier Sahib said the company will focus on its financial health and continually transform business models to cater to global changes in the energy industry. “I am certain that when we have restructured and transformed our company, it will be met with positive feedback from our shareholders, customers, suppliers, and, last but not least, our employees,” said Abdul Karim. He said SDHB will continue its efforts in working towards a sustainable future, and as the oil and gas sector transitions from fossil fuel to clean energy, its workers will be skilled to manage new power plants. “We will pursue to garner bigger business in this field not only on the local front but also internationally,” he added. “Although operations and management is our key strength, we are also keen to expand into the information communications and technology sector, which holds great potential as the Fourth Industrial Revolution heralds changes across all industries. In the meantime, Abdul Karim said the company will continue to raise its efficiency and work on collaborations with possible partners to secure more contracts. On Dec 23 last year, trading in the company’s shares were suspended until further notice for failure to submit its annual report 2022. On Jan 7, 2022, SDHB triggered the criteria pursuant to Paragraph 2.1(d) of Practice Note No 17 (PN17) of the Main Market Listing Requirements of Bursa Securities. “The process may seem to have taken a little longer than expected but we are confident that we will see better times ahead,” he said in the company’s latest Annual/Integrated Report 2021/2022 filed with Bursa Malaysia today. “We are anticipating to resolve the statutory issues through a three-year programme, tracked with milestones. KUALA LUMPUR (Jan 12): Serba Dinamik Holdings Bhd (SDHB) is looking into formulating a plan to regularise its financial condition in about one month for submission to the relevant authorities for approval, said managing director and group chief executive officer Datuk Dr Abdul Karim Abdullah.Ībdul Karim assured that the company will be able to get back on track and continue to rebuild itself to greater heights. Serba Dinamik Holdings Bhd managing director and group chief executive officer Datuk Dr Abdul Karim Abdullah.
0 Comments
Leave a Reply. |