Serba Dinamik shares to be suspended for failure to submit annual report


KUALA LUMPUR: Trading of Serba Dinamik Holdings Bhd shares will be suspended with effect from 9 am on Dec 23, 2022 until further notice if the engineering services company is unable to submit the outstanding Annual Report 2022 before Dec 22, 2022.

Pursuant to paragraph 9.28(6) of the Main Market Listing Requirements, if a listed issuer fails to issue the outstanding financial statements within six months from the expiry of the relevant timeframes, in addition to any enforcement action that Bursa Securities may take, de-listing procedures shall be commenced against such listed issuer.

"On Nov 1, Bursa Malaysia Securities Bhd granted an extension of 1.5 months from Oct 31 to Dec 15 to Serba Dinamik to issue its annual report that includes the annual audited financial statements as well as its auditors’ and directors’ reports for the financial year ended June 30, 2022.

"However, Serba Dinamik has failed to issue its AR 2022 to Bursa Securities for public release within the extended timeframe,” said Serba Dinamik in a filing with Bursa Malaysia today.

At the close today, Serba Dinamik eased half-a-sen to 1.5 sen. - Bernama

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

Next In Business News

Thai April inflation rises slightly, first time in 7 months
F&N allocates RM1.7bil capex for Phase 1 dairy farm project
Naza Group completes acquisition of 100% stake in Berjaya Enviro
Asian stocks surge; yen extends gains to cap wild week
Syed Hamid Albar steps down as WIEF chairman
DNB, Ericsson catalyse digitalisation for enterprises
FBM KLCI poised to end week on high note
UUE inks underwriting deal with M&A Securities
NCT Group enters MoUs with Smartsel and Mikro
Pasukhas climbs 35% on contract news

Others Also Read