Serba Dinamik to appoint Ernst & Young


The counter rebounded yesterday following the announcement regarding the appointment of Ernst & Young. Serba Dinamik had hit a new low of 54 sen yesterday morning before jumping 23% or 14 sen to close at 74.5 sen. It was also the most actively traded stock on Bursa Malaysia with 1.235 billion shares changing hands.

PETALING JAYA: Serba Dinamik Holdings Bhd’s board has agreed, in principle, to appoint Ernst & Young Advisory Services Sdn Bhd as the independent reviewer to assess veracity and accuracy of the matters highlighted by the external auditors, KPMG PLT.

The group told Bursa Malaysia it will make an updated announcement upon the finalisation of terms and conditions of the appointment.

Serba Dinamik also appointed three new independent and non-executive directors, namely, Johan Mohamed Ishak, Datuk Mohamed Ilyas Pakeer Mohamed and Masleena Zaid.

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