Sarawak govt takes wait-and-see approach to investment in Serba Dinamik

Desmond Davidson

Sarawak Deputy Premier Douglas Uggah Embas says Serba Dinamik Holdings Berhad is ‘currently going through a series of interim setbacks’. – Twitter pic, May 26, 2022.

THE Sarawak government is closely monitoring its investment in troubled Serba Dinamik Holdings Berhad and will not make a decision “in the heat of the moment”, Deputy Premier Douglas Uggah Embas told the state assembly this afternoon.

“We wish not to reach a position whereby too often, investment decisions are made based on isolated and short-term considerations without regard to the portfolio as a whole,” he said.

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