High Court dismisses Serba Dinamik's permanent stay application

KUALA LUMPUR: Serba Dinamik Holdings Bhd (SDHB) and its three subsidiaries have failed to obtain a permanent stay of a winding-up order by the High Court.

Justice Ahmad Murad Abdul Aziz, in his decision, said that the companies had failed to prove special circumstances that would justify the court to stay its winding up orders pending an appeal.