Serba Dinamik Annual Report 2019

91 Another driver for ICT solutions & services segment is mobile application based which the Group has developed internally. Advance mobile application like QwikPay, Third Party Administrator (“MyTPA”), Global Content Exchange (“GCE”), NidCert and EasyBuyBye will help us to tap huge opportunity and potential from consumer market globally. Nowadays, human is interacting through smartphones more than anything. Human spend time more likely on social media, do business, academic research and others on the phone. With this the Group trust mobile application based would be the suitable way to capture new revenue in the current consumer market. The Group also did collaborate with India Institute of Technology Madras and Stanford University (Research Institutions) to help us on research and development on new technology in the market. Ontopof that, theGroupalsolookintoexpandingitseducation and training services. These services are critical supporting for the Group’s O&M business operations. Education and training services, provides technical training programs that designed to meet the industries need. We have work together with the City & Guilds of London Institute, UK offering two technical training programs namely Certified Rotating Equipment Technician and Advanced Diploma in O&G Operations (Mechanical Maintenance Technician). The Group recently acquired 70% shares of Materials Technology Education Sdn Bhd (“MTE”) to strengthen technical training programs capabilities. MTE is specialising in all Institute of Materials, Malaysia (“IMM”) training and certification programs in Malaysia which are recognized by PETRONAS and other energy operators. Apart from that, the Group recently acquired UNIMY. The purpose of this mainly to enrich education and training services locally and globally with focus on cloud computing, artificial intelligence & big data, cyber security, IoT, coding as well as business technology. We are also confident with this initiative will help to develop future skilled for our own workforce through developing their capabilities, competencies and readiness to serve in the era of IR4.0. Despites challenges and uncertainties economically as well politically both local and overseas, the Group again deliver another outstanding performance in FYE2019. Double digit growth and growing orderbook achieved during the year set another milestone for us to move forward. Moving forward, the Group is committed to continue strengthening its position in Middle East and South East Asia while Central & South Asia is expected to provide growth for the Group expansion on presence in Africa and America region also is part of the Group's plan in order to be a successful global player in the industry. The Group is building its capabilities and track record in various industries. In FYE2019 the Group was awarded with a contract to develop 90 tonne per day chlorine processing plant at the Hazarasp Free Economic in the Khorezm region in Uzbekistan and 26 MW/h steam turbine independent power plant which further add to our portfolio in chemical industries. Last but not least, on behalf of Serba Dinamik’s management, we would like to express our gratitude to all our stakeholders for the continuous support throughout the year. F I N A N C I A L P E R F O R M A N C E