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).

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Bursa's rally continues ahead of economic releases
Trading ideas: MyEG, Axis REIT, Mah Sing, Capital A, Hibiscus, Chin Hin, Carlsberg, I-Bhd
Businesses concerned about rising forex woes
Booming eCommerce bolsters consumption
Sasbadi reports record high quarterly revenue on robust sales
LME takes aim at traders’ Russian metal games with new rules
Helping more city-state F&B businesses to expand overseas
Funds raised by Singapore’s tech startups up 59% in 2023
Fernandes on board Capital A for five more years
China’s prices are too low for buyers to sweat about tariffs

Others Also Read