KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded Serba Dinamik Holdings Bhd and 10 of its directors and also imposed fines ranging from RM355,200 to RM1.38 million.
Minetech Resources Bhd’s unit has secured a RM36.71 million contract from Tesdec Hydropower Sdn Bhd to build a mini-hydro power plant in Besut, Terengganu, from January this year till May 2027. This came after both parties entered into a Memorandum of Understanding (MOU) in December last year to collaborate in the development of a 30MW mini-hydro project in Terengganu
KUALA LUMPUR, April 14 Bursa Malaysia Securities Bhd yesterday filed contempt proceedings against Serba Dinamik Holdings Bhd and its directors over the troubled oil and gas outfit’s failure to reveal the fact-finding update of its special independent review, The Edge reported today. Bursa.
IS Serba Dinamik Holdings Bhd sliding down a slippery slope, or will the company’s management be vindicated, and some semblance of normalcy return to the beleaguered oil and gas outfit?
KUALA LUMPUR (June 30): Based on corporate announcements and news flow today, companies in focus tomorrow (Thursday, July 1) may include: Serba Dinamik Holdings Bhd, Aeon Credit Service (M) Bhd, Paramount Corp Bhd, Star Media Group Bhd, RCE Capital Bhd, Mah Sing Group Bhd, Ahmad Zaki Resources Bhd (AZRB), Cheetah Holdings Bhd, Nestcon Bhd, AE Multi Holdings Bhd, Green Ocean Corp Bhd, Boustead Heavy Industries Corp Bhd (BHIC), Sarawak Consolidated Industries Bhd (SCIB), MAG Holdings Bhd, Kronologi Asia Bhd and Cypark Resources Bhd.
The Employees Provident Fund (EPF) has ceased to be a substantial shareholder in
Serba Dinamik Holdings Bhd, after selling another 96 million shares or 2.57% in the oil and gas services group in the open market on June 25. In a related development, Serba Dinamik’s largest shareholder and group CEO Datuk Mohd Abdul Karim Abdullah sold 46.3 million shares or 1.2% in the group on June 28, citing force-selling as reason for the disposal. Similarly, co-fou