Group managing director Datuk Dr Abdul Karim Abdullah (pic) said Serba Dinamik is becoming an international energy engineering services provider by establishing itself in strategic locations.
SHAH ALAM: Engineering services provider Serba Dinamik Holdings Bhd is targeting to achieve sales of RM150mil to RM200mil for its information technology (IT) segment this year.
In comparison, the group’s IT segment achieved sales of RM8mil last year, and for the first four months of 2019, the group garnered revenue of RM25mil.
Group CEO Datuk Karim Abdullah said the target would be driven by its consumer IT products, particularly the cashless payment solution QwikPay which now has 50,000 users. Additionally, Serba Dinamik has RM50mil worth of IT projects in hand.
“We are confident of achieving our sales target. Going forward, IT will be an important business for Serba Dinamik. We will tap into our geographical network in the Middle East, Asia and Central Asia to grow this segment.
“The upcoming Beyond Paradigm Summit 2019 will also provide a marketing opportunity for our IT products,” he said at a briefing.
In line with Serba Dinamik’s push for IT and technologies of fourth Industrial Revolution (IR 4.0), the group is organising the Beyond Paradigm Summit 2019, which will feature social humanoid robot Sophia for the first time in Malaysia.
To be held on July 17-18 at the Malaysian International Trade and Exhibition Centre, the summit will showcase advanced technologies encapsulating the core ideas of digitalisation and data exchange surrounding IR 4.0.
“We are preparing ourselves for the challenges by embracing the advanced technologies of IR 4.0 that include what is called Smart Maintenance and Manufacturing.“It is the new approach to combining traditional maintenance and manufacturing processes and technology, such as the Internet of Things, to improve automation, communication and use of real-time data,” said Karim.
SDIT Chief Technology Officer, Kalaikovan Antony (pic) said the online platform, known as the Global Content Exchange Club (GCE Club), provides users with an unlimited access to an extensive collection of contents, including books, journals, thesis, audio files, multimedia, videos, drawings and images in a unified marketplace.
CYBERJAYA: Serba Dinamik Holdings Bhd’s wholly owned subsidiary, Serba Dinamik IT Solutions Sdn Bhd (SDIT), will launch its cloud-based online content sharing platform in Indonesia, India, Qatar and several African countries next year.
SDIT chief technology officer Kalaikovan Antony said the online platform, known as the Global Content Exchange Club (GCE Club), provides users with an unlimited access to an extensive collection of contents, including books, journals, thesis, audio files, multimedia, videos, drawings and images in a unified marketplace.
“Through GCE Club, anyone from any part of the world can sell and purchase academic contents. We believe that valuable content should be made easily available for those who want it.
“As such, we made content-sourcing easy, simple and seamless. We aim to have 50,000 GCE users worldwide by end-2020, ” he said.
Kalaikovan said this to reporters after a memorandum of understanding (MoU) signing ceremony between SDIT and Geomatika University College at the Malaysian Global Innovation and Creativity Centre here today.
He said under the MoU, Geomatika students and academicians can create, exchange, digitise and monetise their write-ups, thesis or even assignments on GCE Club by sharing the contents with the international market.GCE also features a freelance corner as well as a place for those looking for translators and proofreaders for their writings, he added. — Bernama
Serba Dinamik strongly believes that the smart maintenance systems and applications that it has developed would help asset owners to improve in terms of assets and productivity.
KUALA LUMPUR: Engineering services provider Serba Dinamik Holdings Bhd (Serba Dinamik) plans to aggressively lookfor opportunities for smart maintenance projects next year, said group managing director and chief executive officer Datuk Dr Mohd Karim Abdullah.
He said the group strongly believed that the smart maintenance systems and applications that it has developed would help asset owners to improve in terms of assets and productivity.
Serba Dinamik aimed to expand the services to the Middle East and Central Asia, apart from the existing projects in Malaysia and Indonesia, he said.
“We have received a purchase order from Indonesia for us to carry out the smart maintenance implementation of their assets. In Malaysia, what has been agreed is that the national oil company has allowed Serba Dinamik to use the smart maintenance systems and applications that we have developed in the contracts that we have secured with Petronas,” he told Bernama at the recent International Applied Vibration Conference (IAVIC) 2019.
Mohd Karim, who is also deputy president of the Institute of Materials, Malaysia, said Serba Dinamik was looking to expand the smart maintenance applications to sectors like power generation and facility management.
“Our smart maintenance systems and applications can also be used in buildings maintenance and other assets which is related to the building itself,” he added.
Overall, Mohd Karim said the adoption of Industry 4.0 (IR4.0) in the local oil and gas industry was low and awareness is needed to fast-track the IR4.0 adoption among these companies.
“Based on a study, they (O&G companies) are still in the Third Industrial Revolution (IR3.0). So, one of the major components in IR3.0 is digitalisation of data information and quite a number of oil and gas companies are starting or have done this digitalisation process.
“Then it goes to IR4.0 which involves data collection in digital format that can be used in data analytics and fast-track the results of data that are being collected. There are a lot of things to build up the awareness and to make it ready to be implemented in the industry,” he said.
Themed “Vibration in the Era of Industrial Revolution 4.0”, the two-day event was held on November 13 to 14, 2019.
The conference highlighted the latest standards, technology and best practices in not only solving but also managing vibration issues related to humans, processes, transportation, building, and structures, as well as machinery.
Serba Dinamik is an international services group providing integrated engineering solutions to the oil and gas, petrochemical, power generation industries, waste and wastewater, and utilities. To-date, the group’s order book has exceeded RM10 billion. — Bernama
Abdul Karim (third right) after receiving the award. Also present are Kalaikovan (fourth left) and Serba Dinamik Vice President of Special Projects, Training and Education Dr Mohamed Ackiel (left). Photo: Bernama
KUALA LUMPUR: Serba Dinamik Holdings Bhd’s wholly owned subsidiary Serba Dinamik IT Solutions (SDIT), has been recognised by the World Information Technology and Services Alliance (WITSA) for its Smart Maintenance Platform, it said in a statement.
Group chief executive officer Datuk Dr Mohd Abdul Karim Abdullah received the Digital Innovation Award at the 2019 World Congress on Information Technology, held in Yerevan, Armenia recently.
Also present was SDIT’s chief technology officer Kalaikovan Antony.
The Smart Maintenance Platform, is an AI driven, integrated system used in the Maintenance, Repair and Overhaul (MRO) industry that is able to manage and plan maintenance in an efficient and thorough manner as it optimises manpower allocation.With this platform, managers are able to see the resources on-site, allocate workforce to a task based on their technical specialties and competencies as well as to monitor the task progress and completion.
KUCHING: From its humble beginnings in Bintulu way back in 1993, Serba Dinamik Holdings Berhad (SDHB) has achieved many milestones and developed into a force to be reckoned with on the global platform.
In 1997, the company became a vendor for Petronas. Four years later, SDHB secured its first overseas contract — a maintenance, repair and overhaul contract signed with a liquefied natural gas plant in Qatar. In 2017, SDHB was listed on the main market of Bursa Malaysia.
Today, SDHB and its group of companies are an international energy services group that provides a range of engineering services and solutions for the oil and gas industry from operation and maintenance, engineering, procurement, construction and commissioning, in addition to other supporting products and services.
SDHB founder, group managing director and chief executive officer (CEO) Datuk Dr Mohd Abdul Karim Abdullah is one who helped elevate Sarawak’s oil and gas industry to greater heights; he is forward-thinking, highly ambitious, and insightful.
“Following the signing of an RM313 million contract between SDHB and Petronas Carigali Sdn Bhd in early March this year, Sarawak’s oil and gas industry will be welcoming new opportunities in employment and capacity-building,” he remarked.
Dr Mohd Abdul Karim elaborated that based on the contract, Petronas facilities in the state would receive maintenance, construction and modification services as provided by SDHB.
“The awarding of this contract for Miri and Bintulu facilities reflects SDHB’s good reputation for quality of work and timely delivery. At the same time, we greatly emphasise occupational safety,” he added as he expressed the company’s sincere appreciation towards Petronas’ confidence in them.
SDHB is now venturing into new markets on a global scale, including Europe, America and the Middle East.
“Malaysia is just one market SDHB is focusing on. At the same time, we have enormous operations in various locations around the world,” he said, adding that 35 per cent of SDHB’s economic contributions over the last half-decade had been sourced domestically while the rest came from international operations.
One of the company’s most recent high-profile achievements just last week was its signing of a $30 million agreement with the Islamic Development Bank (ISDB) for the “Reverse Linkage” project in ISDB member countries.
The “Reverse Linkage” project, championed by ISDB, is a technical cooperation programme which provides solutions to development challenges through triangular cooperation. ISDB matches two member counties via the “Reverse Linkage” mechanism — enabling them to exchange resources, technology, and expertise.
Dr Mohd Abdul Karim described the agreement as a win-win situation for both his firm as well as ISDB.
However, the astute managing director is not one to put all his eggs in one basket. Being aware that some markets, such as in the Middle East, come with potential geopolitical risks, SDHB is also diversifying geographically in order to lessen risks.
“We are quite aggressively pushing in Central Asia and we have embarked in Africa as well,” he disclosed. With these expansions, SDHB expects a revenue increment of 15 to 20 per cent for this financial year.
The company has indeed been recognised for its diligent efforts, having recently earned oil and gas engineering and maintenance contracts in three countries, namely Uzbekistan, United Arab Emirates and Qatar all worth a combined total of USD110 million.
“In Malaysia, we have also been awarded six more oil and gas contracts,” Dr Mohd Abdul Karim disclosed.
Last year, SDHB had a combined revenue of RM3.28 billion. This year, the CEO hoped the company would be able to achieve RM4 billion in revenue.
He announced that SDHB was close to achieving this year’s order book target of RM10 billion, currently standing at RM8.3 billion.
Touching on key components of their business, Dr Mohd Abdul Karim highlighted sustainability and flexibility.
SDHB, he remarked, was always willing to re-evaluate if certain operations were hindered by external factors, instead focusing on effectively expanding their operations and earnings in other regions if necessary.
Meanwhile, SDHB’s scope is also broadening with the group aiming to be a serious contender in renewable energy, with RM700 million being allocated to several power generation projects just last August.
According to Dr Mohd Abdul Karim, SDHB is setting its sights on hydro markets such as Malaysia, Indonesia and Laos.
Thinking ahead in this modern age, SDHB is now venturing into the technological sector as well, especially with its wholly-owned subsidiary, Serba Dinamik IT Solutions Sdn Bhd.
“We believe there is potential growth for our IT (information technology) division, which is important as well since IT is a catalyst for the future’s shifting lifestyles.
Pembangunan teknologi kian berkembang pesat dengan arus pemodenan masa kini. Oleh itu, Ketua Pegawai Teknologi Serba Dinamik IT Solutions Sdn Bhd, Encik Kalaikovan Anthony, menggesa agar semua pihak peka dengan arus pemodenan teknologi tersebut seperti apa yang Serba Dinamik sedang lakukan.
KUALA LUMPUR: Serba Dinamik Holdings Bhd menjangkakan jalinan usaha sama pertamanya dengan hab pemula niaga dari Sarawak, Startup Borneo, dapat dimulakan pada Februari tahun depan.
Pengarah Urusan merangkap Ketua Pegawai Eksekutif Kumpulannya, Datuk Dr Mohd Abdul Karim Abdullah, berkata usaha sama itu bermatlamat mengubah minda dalam kalangan usahawan muda untuk menceburi aktiviti perniagaan, selain menyumbang kepada pembangunan negara.
“Ini akan membantu mereka mengkomersilkan idea perniagaan dan mengembangkan lagi syarikat pemula niaga seperti yang terbukti di Lembah Silicon, termasuk Dell, Google, dan Facebook,” katanya kepada BERNAMA dalam temu bual baru-baru ini.
Beliau berkata, Startup Borneo mempunyai 33 entiti berdaftar yang terdiri daripada inkubator, pemecut dan pemula niaga, dengan program akan diterajui Serba Dinamik IT Solutions Sdn Bhd, anak syarikat milik penuh Serba Dinamik.
“Buat masa ini, program itu akan dilancarkan di Sarawak, diikuti pendekatan yang sama di Johor Bahru dan negeri-negeri lain atas permintaan,” katanya.
Mohd Abdul Karim, berkata menerusi usaha sama itu, Serba Dinamik sebagai peneraju, akan menyediakan latihan, pendanaan awal dan keperluan lain yang diperlukan untuk membimbing syarikat untuk meningkat ke peringkat seterusnya.
“Ini adalah usaha sama sama-sama menang bagi Serba Dinamik untuk membantu syarikat lain dan pada masa yang sama memperluas rantaian dengan pihak berkuasa tempatan dan syarikat antarabangsa dalam kelompok itu.
“Inkubator, pemecut atau syarikat pemula niaga akan mendapat manfaat melalui program latihan dan penyediaan kewangan untuk memberikan mereka pendedahan kepada rantaian global,” katanya.
Beliau berkata, usaha sama itu juga akan memberi manfaat kepada agensi kerajaan kerana ia akan menjadi antara usaha membantu syarikat teknologi tempatan yang semakin berkembang, manakala usaha sama di peringkat antarabangsa diunjur dapat memperluas rangkaian mereka di pasaran Malaysia.
Dalam perkembangan lain, Mohd Abdul Karim berkata syarikat itu juga memulakan teknologi hologram dan bermatlamat mahu menjadi perintis dalam penyediaan teknologi.
Beliau berkata, teknologi hologram adalah teknologi yang mewujudkan item serupa dan serentak di lokasi berbeza, yang dapat membantu meningkatkan kecekapan dan produktiviti.
“Sebagai contoh, seorang pakar boleh melatih dan mendidik pelajarnya di tempat lain di dunia pada masa yang sama.
“Ahli politik atau pemimpin juga boleh berada di lokasi yang berbeza pada masa yang sama untuk bertemu dengan penyokong mereka secara lebih berkesan. Ini pasti akan meningkatkan produktiviti kerana teknologi ini tidak terganggu oleh emosi,” katanya.
Beliau berkata teknologi hologram juga diintegrasikan dengan teknologi Revolusi Industri 4.0 yang lain seperti kecerdasan buatan untuk memproses data dan teknologi pengkomputeran awan bagi mengurus data.Serba Dinamik ialah kumpulan perkhidmatan tenaga antarabangsa yang menyediakan penyelesaian kejuruteraan kepada industri minyak dan gas dan penjanaan kuasa dengan kemudahan operasi di Malaysia, Indonesia, Emiriah Arab Bersatu, Bahrain, dan United Kingdom. – BERNAMA
Prime Minister Tun Dr Mahathir Mohamad interacts with Sophia, a social-humanoid robot powered by artificial intelligence at the Beyond Paradigm Summit 2019 Malaysia International Trade and Exhibition Center (MITEC) in Kuala Lumpur, July 17, 2019. — Bernama
KUALA LUMPUR, July 17 — Serba Dinamik Group Bhd, which provides total engineering and maintenance package solutions for industries, has developed a system which is embedded with artificial intelligence (AI) and mixed reality that could optimise plant turnarounds.
Vice president, special projects, Dr Mohamed Ackiel Mohamed said through the system called ‘Smart Maintenance Embedded With Mixed Reality’, the company could assist any industry in analysing its maintenance system through AI and to reduce unplanned maintenance.
He said the system helped to solve problems more efficiently through a 360-degree view of context-based data.
“This system comes with a very intelligent AI where that particular equipment or components would have the information of the past case studies which is related to the equipment regardless of brand or model.
He said as a result of the system, industries would be able to manage the labour involved and upskill the labour using the system.
“You (industries) are able to manage the spare parts and warehouse as well as monitor the equipment throughout the process and after,” he told Bernama on the sidelines after his presentation at the Beyond Paradigm Summit 2019 organised by Serba Dinamik Holdings Bhd here today.
The company, which has international operations, provides its total engineering and maintenance package solutions services to various industries, including power, steel, oil and gas, petrochemicals and related industries.
Ackiel opined that Malaysia was still far behind in plant digitalisation and hoped Serba Dinamik would be the catalyst in that segment.
He said the system, which cost about US$3 million to US$4 million (RM12.4 million to RM16.5 million), had been developed since August last year and the system was now open for sale.
Currently, Serba Dinamik is cooperating with the Malaysia Investment Development Authority to facilitate the industry players in adopting the system for smooth operation.
“There are companies from various industries, including manufacturing, oil and gas, and transportation, which have shown their interest in applying this software. It is now available for sale to those interested,” he said.
The summit today introduced participants to the advanced technologies covering industries such as energy, healthcare, manufacturing, finance, education, telecommunications and transportation.
It showed how these technologies could drive competitiveness through value-added processes such as digitisation, advanced manufacturing and efficient resource utilisation.The two-day event, which began today, was officiated by Prime Minister Tun Dr Mahathir Mohamad and featured the appearance of social humanoid robot, Sophia, developed by Hong Kong-based Hanson Robotics. — Bernama
Abdul Karim (third from left) at a signing ceremony in Kuala Lumpur last week with Ramesh Kumar, Chief Financial Executive of eNoah iSolution. (Photo by Mohd Izwan Nazam)
KUALA LUMPUR: Having surpassed its end-financial year 2018 (FY18) order book target of RM7.5 billion, Serba Dinamik Holdings Bhd is aiming to hit a new benchmark of RM10 billion next year, according to group chief executive officer (CEO) Datuk Dr Mohd Abdul Karim Abdullah.
In an interview with The Edge Financial Daily, the 53-year-old, who is an engineer by training, appeared confident the 30% order book increase can be achieved, and is just as optimistic of growing the group’s top and bottom lines by 15% to 20% annually.
“I am targeting for our order book to close up at RM10 billion next year. We are working very hard on a lot of things globally, which we have yet to announce, for our operating and maintenance (O&M) and engineering, procurement, construction and commissioning (EPCC) segments,” he said.
He said Serba Dinamik has now surpassed its end-FY18 order book target of RM7.5 billion, given that there are contracts on a call-out basis where values cannot be properly quantified.
“With our [current] order book, I believe we will be kept occupied for another two-and-a-half years. It gives us an assurance that those sales are achievable, which will help with our profitability,” he said.
But despite the visible earnings from its bulging order book, the group is keen to participate in projects where it is also a stakeholder under an asset ownership model as these projects have longer tenure and provide recurring income. Moreover, the group is able to negotiate for the EPCC contracts, as well as the O&M works once the assets are commissioned.
“I still believe that even though it (2019) is [expected to be] a difficult year, we should still be able to make it to the growth that we have mentioned, given our financial strength and resources. We will also be monitoring closely developments in countries we are involved in to mitigate [any risks],” he said.
In addition to its core segments, the group has decided to actively expand its technology business, which currently contributes a little over 1% to group revenue (the remaining contributed by its EPCC and O&M segments).
“We want to make a quantum leap, we want to grow our information technology (IT) capabilities much faster. This is where we do acquisitions, [as] we will get additional network, (an) additional resource pool of people, and a stronger, more convincing track record,” said Mohd Abdul Karim.
Its investment in eNoah iSolution India Pvt Ltd last week is one such example. Last Wednesday, the group’s wholly-owned Serba Dinamik IT Solutions Sdn Bhd (SDIT) bought a 30% stake in eNoah iSolution for RM15 million, besides allocating another RM30 million for future IT projects.
SDIT has around RM50 million worth of projects in hand, and eNoah, approximately US$30 million (RM125 million).
Serba Dinamik made its debut on Bursa Malaysia’s Main Market on Feb 8, 2017 at an offer price of RM1.50, and has since been on an uptrend. It reached a high of RM4.23 on Oct 18, 2018 — gaining over 180% — but has slipped in the past weeks to close last Friday at RM3.70.
The group, valued at some RM5.43 billion, provides engineering services and solutions for oil and gas (O&G) production platforms, refineries, as well as plants for petrochemical manufacturing and liquefied natural gas, among others. It also carries out EPCC works on plants, facilities, road infrastructure and buildings, and other related systems and solutions including the design and installation of process control and auxiliary power generation.
“We have only three remaining months of corporate earnings, but I strongly believe that we should be able to achieve our target of 15% to 20% growth in both our top and bottom lines,” he said.
For the nine months ended Sept 30, Serba Dinamik recorded an increase of a fifth in its cumulative net profit and revenue to RM278.61 million and RM2.31 billion respectively.