Serba Dinamik denies contract allegation


PETALING JAYA: Serba Dinamik Holdings Bhd has denied there was any element of related-party transaction in the undertaking of Block 7 Investments LLC when its Abu Dhabi project win was first announced in April last year.

In a filing with Bursa Malaysia, the company also said Block 7 was incorporated in Abu Dhabi, United Arab Emirates, and not in the US as reported in a business weekly.

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