SC charges Serba Dinamik CEO

Abdul Karim(file pic), who was initially thought to be at large and even had a warrant of arrest made against him, was present at the Kuala Lumpur Sessions Court yesterday when he was charged under Section 369(a)(B) of the Capital Markets and Services Act 2007 (CMSA).The charge involved an alleged false statement in relation to the revenue figure of RM6.014bil contained in Serba Dinamik’s quarterly report on consolidated results for the period ended Dec 31, 2020.

PETALING JAYA: The Securities Commission (SC) has charged Serba Dinamik Holdings Bhd chief executive officer and group managing director Datuk Mohd Abdul Karim Abdullah with furnishing a false statement to Bursa Malaysia.

Abdul Karim, who was initially thought to be at large and even had a warrant of arrest made against him, was present at the Kuala Lumpur Sessions Court yesterday when he was charged under Section 369(a)(B) of the Capital Markets and Services Act 2007 (CMSA).