SERBADK - really Daebak!
1) Secured EPCC contract to build two hydro power plants in Laos, which will have the capacity to generate 30MW of electricity, for RM 268.8mil throughout the next 3.6 years.
(Contribute around 3% of revenue)
2)Proposed to subscribe 15% stake in Green & Smart Holdings Plc, which was listed on London Stock Exchange for RM 16.99mil. The share subscription is slated for completion in 3rd quarter of 2018. GSH subsidiary had awarded Serbadk with EPCC contract to build a 2.7MW biogas power plant in Perak.
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