Serba Dinamik continues to be suspended

KUALA LUMPUR: Trading in shares of Serba Dinamik Holdings Bhd remained suspended after it failed to announce the findings from the Factual Findings Update on the Special Independent Review (SIR) by Oct 26.

“Kindly be advised that Serba Dinamik has not complied with the directive to make an announcement on the findings from the Factual Findings Update on the SIR by Oct 26.

“Accordingly, the trading in the company's securities shall be suspended with effect from 9am on Oct 27,” the stock exchange said.

As the trading in Serba Dinamik’s securities has been suspended since 2.30pm on Oct 22, the suspension of trading will continue until further notice.

Last Friday, Bursa Malaysia Securities issued a directive to Serba Dinamik regarding the status of the latter’s SIR report.

The directive issued was for Serba Dinamik to make an announcement on the findings from the Factual Findings Update by Oct 26, 2021, and announce the Bursa Securities directive immediately.