CORPORATE

Serba Dinamik Holdings Berhad Bags Nine Operations and Maintenance Projects

 |  Friday, 26 October 2018 16:59  |  Published in CORPORATE

Serba Dinamik Holdings Berhad, a global integrated engineering services provider, announced the successful securement of thirteen operations and maintenance contracts through both its wholly-owned subsidiaries, Serba Dinamik International Ltd (SDIL) and Serba Dinamik Sdn Bhd (SDSB).

The group said four contracts were awarded to its wholly-owned subsidiary Serba Dinamik International Ltd (SDIL) for O&M works in the Middle East.

CCM Duopharma makes Equity Investment in SCM Lifescience of orea for Stem Cell Technology and Development

 |  Friday, 26 October 2018 16:49  |  Published in CORPORATE

CCM Duopharma Biotech Berhad and SCM Lifescience Co., Ltd. of Korea announced that they have entered into a share subscription agreement (SSA).

Whereby CCM Duopharma acquired common shares and redeemable preference convertible shares in SCM Lifescience upon and subject to the terms and conditions set out in the SSA.

IHH Healthcare consolidates its interest in Acibadem Saglik Yatirimlari Holding A.S.

 |  Tuesday, 09 October 2018 13:16  |  Published in CORPORATE

IHH Healthcare Bhd, a leading premium global healthcare provider, announced yesterday that it will increase its majority equity interest in its existing Turkey subsidiary, Acibadem Holding, from 60% to approximately 90%, pursuant to the shareholders’ agreement (SHA) which was entered into in connection with IHH’s acquisition of a 60% equity interest in Acibadem Holding in 2011.

Under the SHA, Mehmet Ali Aydinlar and his wife Hatice Seher Aydinlar (collectively, “Aydinlar”) have the option to convert up to 15% equity interest held by them in Acibadem Holding into new IHH shares for a period of 10 years from 24 January 2012 (Aydinlar Option).


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