Malaysia-focused asset management firm CMS Opus Private Equity (COPE) has reduced its stake in Malaysia-based energy services group Serba Dinamik Holdings from 16 percent to 6 percent by selling 85 million shares in the company for MYR128 million (approximately US$29 million) in the company’s IPO on the Main Market of Bursa Malaysia. COPE originally invested in Serba Dinamik through COPE-KPF Opportunities 1 and COPE Opportunities 2.