No end to suspension


KUALA LUMPUR: Serba Dinamik Holdings Bhd faces increased scrutiny and pressure after it failed to announce the findings of the special independent review by Ernst & Young (EY) to assess the the veracity of the audit issues raised by its former auditor KPMG.

The group said in a filing with Bursa Malaysia yesterday that its shares face a suspension from trading until further notice after it failed to comply with a directive to make an announcement on the findings from the factual findings update on the special independent review by Oct 26, 2021.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

GEAR-uP needs a transparency tune-up
Casino home run for Cohen
Cortina rolls out mobile homes for Winter Games
Telcos pay for DNB’s misfire
China’s slow stock rally gains investor trust
Majuhome� built to last
Genting’s high-stakes double-edged win
Stable credit lights up Asia Pacific
Investors turn to EMs
Mega port strategy in the dock

Others Also Read