The energy engineering solutions company said the proposed acquisition could open doors for it to secure up to RM560mil worth of engineering, procurement, construction and commissioning (EPCC) jobs, as well as earn dividend payments.
PETALING JAYA: Serba Dinamik Holdings Bhd’s (SDHB) unit Serba Dinamik Group Bhd has announced its proposed acquisition of 34.54 million shares, or about 10% stake, in Green & Smart Holdings plc (GSH) for RM13mil cash.
The group said the acquisition is part of a strategy to expand into an asset-ownership model as well to expand its engineering, procurement, construction and commissioning (EPCC) business and capabilities.