SC charges Serba dinamik, executives for submitting false statement


KUALA LUMPUR: The Securities Commission (SC) has initiated several charges against Serba Dinamik Holdings Bhd and its executives for submitting a false statement to Bursa Malaysia Securities Bhd — under Section 369(a)(B) of the Capital Markets and Services Act 2007.

The SC is also on the lookout for Serba Dinamik group managing director and chief executive officer Datuk Dr Mohd Abdul Karim Abdullah.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!
   

Next In Business News

Wall St set to kick off week higher; U.S. inflation in focus
Opcom auditor resigns after audit fee disagreement
Ringgit closes easier against US dollar as greenback gathers strength
Maxis appoints MR DIY CEO Adrian Ong as director
Optimax secures license to offer plastic surgery and aesthetic services
TCS wins RM10.7mil construction contract
EVE Energy builds new US$422mil manufacturing facility in Kulim, kedah
UMW Toyota July sales jump 25.8% to 8,349 units
KLCI ends flat on cautious investor sentiment
Maybank2u and MAE apps currently down; credit and debit card use also unavailable (Updated: Services back to normal)

Others Also Read