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Shares of Serba Dinamik Holdings Bhd touched a fresh record low today, extending the week’s losses after a short-lived rebound this morning. It was the day's second most active counter on Bursa Malaysia, with a volume of 425.4 million shares or eight times its two-month average.
Counters linked to Serba Dinamik Bhd’s group managing director and chief executive officer Datuk Dr Mohd Abdul Karim Abdullah are feeling the heat of the accounting issues at the oil and gas services and engineering group. It is not just about the drop on their share prices, but their fundraising exercises will be hit.
Serba Dinamik Holdings Bhd has appointed an independent firm to assess the veracity and accuracy of matters raised by its external auditor and to report the results of the assessment to an established independent committee.
KUALA LUMPUR, June 3 Serba Dinamik Holdings Bhd has appointed an independent firm to assess the veracity and accuracy of matters raised by its external auditor and to report the results of the assessment to an established independent committee. In a statement today, the group said the committee.