Serba Dinamik Holdings Bhd manages diverse risks like operational delays, financial volatility, compliance changes, and market shifts. The annual report likely details incidents and strategies, ensuring transparency and proactive risk management measures for sustained growth.
Risk management involves identifying, assessing, and mitigating potential threats to a company's objectives. Serba Dinamik Holdings Bhd faces diverse risks, such as operational issues like project delays, financial concerns related to market volatility or currency fluctuations.
compliance risks due to regulatory changes, and strategic challenges from market shifts. The 2022 annual report likely details incidents or challenges faced by the company, such as project disruptions, credit exposures, regulatory impacts, or market pressures.
It would outline strategies employed to manage these risks, such as operational improvements, financial hedging, compliance measures, or adaptive strategic planning. By addressing these risks in the report, the company demonstrates its commitment to transparency and proactive management.
complete the question
After reviewing the 2022 annual report of Serba Dinamik Holdings Bhd, define risk management, identify the types of risk faced by the company, and its sources. Provide relevant examples from the annual report.