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.

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