Bursa reprimands, fines Serba Dinamik MD/CEO RM15,000

KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded and imposed a fine of RM15,000 on Serba Dinamik Holdings Bhd’s group managing director/chief executive officer Datuk Mohd Abdul Karim Abdullah.

In a statement today, Bursa Malaysia Securities said Mohd Abdul Karim breached paragraph 14.08(d) of the Bursa Malaysia Securities Main Market Listing Requirements (Main LR) for failing to give notice to the company secretary within one full market day after the disposal of his interest in 107.96 million Serba Dinamik shares on May 9, 2022, to enable the firm to immediately announce a notice.