Serba Dinamik Annual Report 2019

128 SERBA DINAMIK HOLDINGS BERHAD 2019 ANNUAL REPORT SUSTAINABILITY STATEMENT E C O N O M I C S C H A P T E R 0 5 5 . 4 ECONOMIC SUSTAINABILITY OF OUR BUSINESS STRATEGIC PLANNING FOR BUSINESS SUSTAINABILITY Besides growing organically, we continue to pursue a faster growth trajectory through strategic investments and acquisitions. Targeted investments and acquisitions include those that can provide us with diversification into new or complementary industries, facilitate expansion of our geographical markets, add value to our goal of becoming a total engineering solutions provider, as well as growing our other business segments. STRATEGIC INVESTMENTS & ACQUISTIONS Our success over the past 26 years was attributed to our strategy of focusing on our core competencies. which is providing O&M and EPCC services to the energy industry. Our strong market position as one of the top 2 service providers 1 for maintenance services including MRO of rotating equipment and IRM of static equipment amongst Malaysian Oil and Gas Service and Equipment Providers is complemented by our expansion into foreign markets to become a globally recognised total engineering solutions provider. CORE COMPETENCIES 1 Source: (Vital Factor Consulting analysis): Ranking was based on total group or company revenue for the FYE 2019 among PETRONAS-licensed companies in Malaysia