Serba Dinamik Annual Report 2021

Section 5 | Management Discussion & Analysis 172 FINANCIAL CALENDAR ACQUISITION 10 May 2019 29 Jan 2019 Acquired OHP Ventures Acquired MTE TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS Acquisition of forty-nine percent (49%) equity interest in OHP Ventures Incorporated, by Serba Dinamik International Ltd, a wholly- owned subsidiary of Serba Dinamik Holdings Berhad, from OHP Ventures Sdn. Bhd. for a total cash consideration of USD800,000 (equivalent to approximately RM3,325,200). OTHERS Proposed acquisition of 175,000 ordinary shares representing 70% of the total issued share capital of Materials Technology Education Sdn. Bhd., by Telegistics Asia Sdn. Bhd., a wholly-owned subsidiary of Serba Dinamik It Solutions Sdn. Bhd., which in turn is a wholly- owned subsidiary of Serba Dinamik Holdings Berhad for a total purchase consideration of RM480,000 from IM Education Sdn. Bhd. Announcement Date Title Description 31 May 2019 Acquired Psicon BV OTHERS Acquisition by Serba Dinamik International Ltd (SDIL), a wholly-owned subsidiary of SDHB, of 25% equity interest in Psicon BV (acquisition of Psicon BV)