Serba Dinamik to bring technologies from overseas into Malaysia

Serba Holdings Bhd intends to from the foreign companies it acquired into Malaysia in a bid to strengthen its position as an engineering solutions provider.

Group chief executive officer Datuk Dr Mohd Abdul Karim Abdullah said the technologies would be utilised in two major projects the company was involved in, namely Pengerang Eco-Industrial Park and Bintulu Integrated Energy Hub.

“We are slowing down in terms of acquisitions, and we are nurturing the entities that we have acquired. We are migrating the technologies of the companies that we have acquired into Malaysia,” he told Bernama on the sidelines of the Beyond Paradigm Summit 2019 here today.

Abdul Karim noted that the Bintulu Integrated Energy Hub had progressed well and could be partly commissioned in the fourth quarter of this year.

Serba Dinamik was on the acquisition trail in 2018. Among the acquisitions made were two Netherlands-based companies for a total of RM6.49 million via its wholly-owned subsidiary Serba Dinamik International Ltd (SDI) in September last year.

SDI entered into share sale agreements to acquire 25 per cent equity interest in Psicon BV and 100 per cent equity interest in Psicon AVV, respectively.

Psicon BV and Psicon AVV are primarily engaged in the business of process improvement, rotating equipment performance upgrading, advisory, and trading of steam turbines and spare parts within Europe, Africa, the Middle East and the Far East.

Abdul Karim said as a company providing global integrated engineering services, Serba Dinamik was currently investing on cyber security, data and data analytics.

He noted that by leveraging on these technologies, the company would be able to fence off the applications and the system that it had.

Asked to update on its collaboration with Microsoft, Abdul Karim said it was a win-win situation for both parties.

“We still need the products of Microsoft as a source so that we can integrate to produce the best results for the product that we are developing.

“In the meantime, what they gain from us is that we will be buying their products. Besides that, we are also tapping on to some of their technical expertise to assist us,” he said.

Abdul Karim said there would be other opportunities for collaboration in which Microsoft would need Serba Dinamik’s expertise as it could provide a more competitive solution compared with other solutions providers.

On Aug 27 last year, Serba Dinamik signed a memorandum of understanding with Microsoft APAC Digital Advisory Services in a move towards embracing Industrial 4.0 through digital transformation.

The two-day Beyond Paradigm Summit which began today carries the theme ‘Creating Distinctive Digital Solutions’. The summit showcases advanced technologies encapsulating the core ideas of automation and data exchange surrounding Industrial Revolution 4.0 (IR4.0).

Abdul Karim said the summit’s primary goal was to bring together businesses that had been working on adopting small-scale IR4.0 solutions in order to initiate ideas, discuss concepts and implement the ideas to change Malaysia’s digital landscape.

Serba Dinamik is the main organiser of the summit, with the Malaysian Investment Development Authority as co-organiser. The official partners are Malaysia Digital Economy Corporation and Microsoft Malaysia, with TM One as technology partner. — Bernama

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