SERBADK 5279 SERBA DINAMIK HOLDINGS BERHAD shares to resume trading on May 9
KUALA LUMPUR: The suspension in the trading of Serba Dinamik Holdings Bhd's shares will be lifted from 9 am, May 9, 2022.
This follows the company's move to announce, among others, the findings from the Factual Findings Update (FFU), in compliance with Bursa Malaysia’s Directive (Order).
The trading in the company's securities was suspended on Oct 27, 2021 due to its failure to comply with Bursa Malaysia's Directive.
However, Bursa Malaysia Securities Bhd (Bursa Securities) in a statement today said that the findings from the FFU contained Serba Dinamik's views and these comments and rebuttals do not represent its views on the matter and will not be responsible to check the accuracy, completeness or adequacy of any of the same.
"Bursa Securities, however, wishes to highlight that the statements made in the announcement relating to the circumstances surrounding the appointment of Ernst & Young Consulting Sdn Bhd (EY), the terms of its appointment, the fact that EY did not sign the FFU and the lack of powers on the part to issue Bursa’s Directive to Serba Dinamik, were also raised by Serba Dinamik as issues in the civil proceedings between Bursa Securities and Serba Dinamik in Originating Summons No. WA-24NCC-500-11/2021 and WA-24NCC-535-11/2021," it said.
These issues have been dismissed by the High Court in the two respective sets of civil proceedings.
Bursa Securities also reiterated that its Order also required, among others, for Serba Dinamik to announce the impact of the FFU on the business, financial status and operation, complete the special independent review (SIR) with EY, and provide or instruct its agent or servants to furnish bi-weekly written updates of the review to Bursa Securities.
It said the SIR is not completed or finalised to-date.
The independent auditors of Serba Dinamik, Nexia SSY PLT, who were engaged to audit the financial statements for financial period ended June 30, 2021 did not express an opinion on the said financial statements, because Nexia had not been able to obtain sufficient appropriate audit evidence to provide a basis for an audit opinion. - Bernama
https://www.thestar.com.my/business/business-news/2022/04/29/serba-dinamik-shares-to-resume-trading-on-may-9
Singapore Investment
-
-
-
All that Glitters Is Gold6 hours ago
-
-
Portfolio (March 30, 2024)9 hours ago
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
5 Singapore Stocks Under Pressure19 hours ago
-
-
QAF #77 - 2023 Annual Report21 hours ago
-
-
-
-
-
The Secret To Investing1 day ago
-
-
-
-
-
-
-
-
-
-
-
The Green U-Turn3 days ago
-
-
-
Week Ahead3 days ago
-
Burnt out!4 days ago
-
-
-
-
Feb 2024 Expenditure4 days ago
-
-
-
-
-
-
-
Not Worth It5 days ago
-
Trip to Legoland6 days ago
-
-
-
-
-
-
-
-
Starting Our Second Property Cycle1 week ago
-
-
-
Position Update1 week ago
-
-
Finance Investment Movement 431 week ago
-
-
-
-
MAS Singapore Gold Vault2 weeks ago
-
-
Gaining And Holding2 weeks ago
-
-
-
-
Book Giveaway- Winners2 weeks ago
-
-
ICYMI: Corporate Connect with Singpost2 weeks ago
-
-
Just sold at record high!3 weeks ago
-
-
-
-
-
-
-
-
-
Monthly IBKR Update – Feb 20243 weeks ago
-
-
Feb 2024 Portfolio3 weeks ago
-
Rethinking my financial targets for 20243 weeks ago
-
-
-
-
Summary of February 20244 weeks ago
-
Portfolio -- Feb 20244 weeks ago
-
The Market Is A Scam!4 weeks ago
-
-
-
-
-
-
-
-
-
-
-
Today’s Deal of the day – Max Miles5 weeks ago
-
-
Options Trading Journal Jan 20241 month ago
-
-
-
-
-
-
-
-
-
-
-
End of 2023 Review2 months ago
-
-
Year 2023 DIYQuant Portfolio Performance Report2 months ago
-
Monthly Summary of November 20233 months ago
-
3 Simple Poker Strategies for Beginners3 months ago
-
Migration of website4 months ago
-
-
Abandon REITS?4 months ago
-
-
-
-
-
-
-
-
-
August 2023 Portfolio Updates6 months ago
-
-
-
-
Hello SP Group, I'm Back!9 months ago
-
-
-
-
I am in debt9 months ago
-
A New Light10 months ago
-
-
-
-
-
-
-
Demoralized1 year ago
-
2022 Thoughts, Hello 2023!1 year ago
-
Series of Defaults for Maple Finance1 year ago
-
Takeaways from “Sea Change”1 year ago
-
-
Greed is Coming Back1 year ago
-
-
-
-
-
-
-
-
-
-
-
What is Overemployment1 year ago
-
-
-
-
-
-
-
-
-
-
-