Serba Dinamik Holdings Bhd
(Nov 23, RM3.86)
Maintain outperform with an unchanged target price (TP) of RM4.45: Last Thursday, Serba Dinamik Holdings announced that it had acquired an additional 10% stake in Green & Smart Holdings plc (GSH) for RM13 million cash, thereby increasing its stake in GSH to 25%. The acquisition is expected to be completed by the fourth quarter of financial year 2018 (4QFY18).
KUALA LUMPUR, Nov 22 (Bernama) – Energy services group Serba Dinamik Holdings Bhd plans to acquire an additional 10 per cent equity interest in Green & Smart Holdings PLC (GSH) for RM13 million, which will increase its stake to 25 per cent.
KUALA LUMPUR: Kumpulan perkhidmatan tenaga, Serba Dinamik Holdings Bhd merancang mengambil alih 10 peratus kepentingan ekuiti tambahan dalam Green & Smart Holdings PLC (GSH) untuk RM13 juta, yang akan meningkatkan kepentingannya kepada 25 peratus.
KUALA LUMPUR: Energy services group Serba Dinamik Holdings Bhd plans to acquire an additional 10 per cent equity interest in Green & Smart Holdings PLC (GSH) for RM13 million, which will increase its stake to 25 per cent.
KUALA LUMPUR (Nov 22): Serba Dinamik Holdings Bhd, which already owns 15% of UK Aim Market-listed Green & Smart Holdings Plc (GSH), has proposed to purchase another tenth or 34.54 million shares of the company from K2M Ventures Sdn Bhd for RM13 million or GBP2.41 million.
KUALA LUMPUR: Serba Dinamik Holdings Bhd’s 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 in a stock exchange filing that the proposed acquisition is part of a strategy to expand into an asset ownership model as well to expand its EPCC business segment and capabilities.
KUALA LUMPUR: Serba Dinamik Holdings Bhd, through its wholly-owned subsidiary Serba Dinamik Sdn Bhd (SDSB), today announced the proposed subscription of shares representing a 42.26 per cent stake in E&E Gas Sdn Bhd(EGSB) for RM15.998 million and 10.445 million redeemable convertible preference shares (RCPS) in EGSB for RM10.445 million.
KUALA LUMPUR (Oct 31): Serba Dinamik Holdings Bhd is acquiring a 42.26% stake in loss-making E&E Gas Sdn Bhd (EGSB) and 10.45 million redeemable convertible preference shares (RCPS) in EGSB for a combined RM26.44 million.
Serba Dinamik Holdings Bhd
(Oct 26, RM3.88)
Maintain buy with an unchanged target price of RM5.20: Serba Dinamik Holdings Bhd announced that it had secured four operation and maintenance (O&M) contracts worth RM512 million.
KUALA LUMPUR: There could be more contract wins to be announced by Serba Dinamik Holdings Bhd before the close of the year, driven by current tenderbook of roughly RM11 billion.