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Serba Dinamik Holdings Bhd, which is in the midst of appealing the High Court's dismissal of its application for a permanent stay of a winding up petition from its creditors, said several right-sizing initiatives that are in line with its regularisation efforts have been agreed to by its liquidator Victor Saw Seng Kee from PricewaterhouseCoopers Advisory Sdn Bhd.
On resumption of trading after a three-week suspension, Serba Dinamik Holdings Bhd saw its share price increase by as much as 150% to 2.5 sen as at 10.15am on Friday (Jan 13), with 126.5 million shares traded.
KUALA LUMPUR: The High Court here has allowed a petition filed by six financial institutions to wind up Serba Dinamik Holdings Berhad (SDHB) and its three subsidiaries over a nearly RM5bil debt.
The historic abrogation of Section 377A was accompanied by a constitutional amendment that effectively slams the door on same-sex marriage.
Repealing Section 377A makes it clear that gay people are not criminals, Shanmugam said.