Serba Dinamik says Qatar diplomatic spat has not impacted operations


The company, listed on Feb 8 as the year

PETALING JAYA: Serba Dinamik Holdings Bhd has clarified that its operations in Qatar is not affected by the diplomatic clash between Qatar and three Arab allies.

In a statement, Serba Dinamik group managing director/ group chief executive officer Datuk Karim Abdullah said all its operations in Qatar remained active as the company was not impacted by the ongoing riff that is happening in the Middle East region. 

Karim emphasised that Serba Dinamik was a Malaysian entity and was in no position involved in the ongoing complication.

“We provide operations and maintenance (O&M) services, which are not affected by the current matter. In fact, we are gearing up for opportunities to possibly provide our support to gas producers in Qatar, due to the vacuum of contractors from these respective countries pulling out of Qatar. 

“On another note, the delivery of oil and gas, particularly LNG gases, will not be interrupted as there are different shipping routes that are still accessible for delivery to its major buyers through Oman and Iran, namely Japan, South Korea, India and China. Hence, our O&M services will not be affected as production is still ongoing,” Karim said. 

Serba Dinamik’s O&M services in Qatar contributed 16% of the company’s total revenue for the fiscal year of 2016.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Industrial projects look increasingly attractive
Yew Lee expects to return to profitability on wider customer base
Changing office space requirements
Fed dampens hopes for rate cut
F&N to use cost management measures
Caring for an ageing population
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read