Serba Dinamik gets temporary stay of winding-up order

By NURBAITI HAMDAN

KUALA LUMPUR: Serba Dinamik Holdings Bhd (SDHB) and its three subsidiaries have obtained an ad interim stay on a winding-up order against them by the High Court, which was granted last month.

An ad interim stay is a temporary stay of the winding-up order against the company, filed by six financial institutions and several creditors after Serba Dinamik defaulted on a sum of RM1.7bil from RM5bil it owed.

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Serba Dinamik Holdings , Winding-up Order , Temporary Stay , Ad Interim Stay , High Court , Justice Ahmad Murad Abdul Aziz

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