Kenanga keeps 'outperform' on Serba Dinamik on new contract win


KUALA LUMPUR: Kenanga Investment Bank Research reitereated its "outperform" recommendation on Serba Dinamik Holdings Bhd on the back of its US$350mil (RM1.47bil) contract in Abu Dhabi.

The contract win brings the group's order book to RM18.5bil, which remains broadly within Kenanga's FY20 order book replenishment assumption of RM10bil.

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