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: Affin Hwang Capital Research has raised its earnings forecasts on Serba Dinamik Holdings Bhd
on the company’s plans to consolidate its three service centres and grow its fabricating capacity.
“We raised our FY20-21 estimated earnings by 7–10% on the assumption that the operational consolidation would drive improvement in its operations and maintenance (O&M) segment margin (revised from 18% to 18.5%).
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