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Iranian president arrives for KL Summit

KUALA LUMPUR: Cabaran Revolusi Industri 4.0 (IR4.0) menjadikan negara-negara Islam perlu meningkatkan tahap keupayaan teknologi mereka dalam ekonomi global yang tidak menentu disebabkan kemajuan teknologi yang dinamik, pertikaian perdagangan dan ketidaktentuan geopolitik.

THYSSENKRUPP GAINS SECOND ORDER FOR MODULAR CHLORINE PLANT FROM SERBA DINAMIK

Thyssenkrupp Industrial Solutions AG (Essen, Germany; www.thyssenkrupp-industrial-solutions.com) has secured a contract with Serba Dinamik International for the engineering and procurement of a new modular chlor-alkali plant. The greenfield plant with a capacity of 90 tons of chlorine per day will be built in the Hazarasp Free Economic Zone in the Republic of Uzbekistan.

PKS receives 416 new students

KUCHING: Politeknik Kuching Sarawak (PKS) welcomed 416 new students for its December intake and received a new bus during the closing ceremony of an orientation week at PKS here, yesterday.

Serba Dinamik seen to maintain earnings on strong order book

Serba Dinamik Holdings Bhd
(Nov 26, RM4.33)
Maintain buy with a higher target price (TP) of RM5.42: Serba Dinamik Holdings Bhd’s core profit for the nine months of financial year 2019 (9MFY19) was above expectations on stronger operations and maintenance (O&M) margins and higher contributions from joint ventures (JVs) and associates. We expect its earnings to pick up seasonally for the fourth quarter (4QFY19). Serba Dinamik remains one of our sector top picks, with a consistent earnings growth backed by a robust order book, coupled with contract flows. These remain key catalysts for the company’s share price.

Serba Dinamik net profit up at RM113mil

PETALING JAYA: Engineering service provider Serba Dinamik Holdings Bhd has posted a 36% jump in net profit to RM113.16mil for the third quarter ended Sept 30 from RM83.23mil a year earlier, thanks to an increase in its maintenance, repair and overhaul or MRO activities in Qatar, the United Arab Emirates (UAE), Kuwait and Malaysia.