Caution continues

After several rating downgrades and hitting limit-down for two consecutive days, brokerages have yet to require investors to pay cash upfront to buy shares of Serba Dinamik Holdings Bhd.

Following this, the company said it is in the midst of appointing an independent firm to commence a special independent review to “assess the veracity and accuracy of the matters.”

On Monday, Reuters reported that the Securities Commission has begun an investigation into Serba Dinamik.