Serba Dinamik Holdings Bhd and its subsidiaries have identified some assets for immediate sale to generate the cash flow required to meet the companies' liabilities.

In a filing with Bursa Malaysia today, the company said it would require a court-convened meeting of its creditors to consider and, if thought fit, to approve a scheme of arrangement to be proposed between the company and its creditors to restructure the debt obligations of the company and its subsidiaries.