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Bursa rejects Serba Dinamik's request for extension

PETALING JAYA: Bursa Malaysia has rejected oil and gas company Serba Dinamik Holdings Bhd’s request for an extension of time to issue its annual report for the financial year ended June 30, 2021.

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Abdul Karim sells 4.6% stake in KPower at below market price for RM10.38m

Serba Dinamik Holdings Bhd group managing director and chief executive officer Datuk Dr Mohd Abdul Karim Abdullah has sold 25 million shares representing a 4.606% stake in KPower Bhd, formerly known as Kumpulan Powernet Bhd, at below market value.

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Serba Dinamik CEO sells shares in KPower

KUALA LUMPUR: Serba Dinamik Holdings Bhd group managing director and chief executive officer Datuk Dr Mohd Abdul Karim Abdullah (pic) has disposed of 25 million shares or a 4.6% stake in KPower Bhd.

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Public Investment Bank to cease coverage on Serba Dinamik

Public Investment Bank's research arm PublicInvest Research is ceasing its coverage on Serba Dinamik Holdings Bhd as it said earnings visibility is likely to be limited and given the need to redeploy the investment bank's resources internally.

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Bursa rejects Serba Dinamik's second request for extension to issue FY20 annual report

Bursa Malaysia has rejected Serba Dinamik Holdings Bhd's second request for an extension of time to issue its annual report for the financial year ended June 30, 2021.

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Serba Dinamik appoints Bintai Kinden deputy CEO and accountant to its board

Serba Dinamik Holdings Bhd has appointed two new independent directors, a day after announcing that its chairman and an independent director have resigned in protest against requirements imposed on the group by Bursa Malaysia. The oil and service provider has appointed Bintai Kinden Corp Bhd deputy CEO Noor Azri Noor Azerai and accountant Abu Bakar Uzir to sit on its board, according to its bourse filing on Thursday.

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Why Bursa sought Serba Dinamik to be compelled to make public announcement on independent review

KUALA LUMPUR (Nov 24) : Since Oct 21, this year Bursa Malaysia had advised Serba Dinamik Holdings Bhd to make a public announcement with regards to the Ernst and Young Consulting Sdn Bhd (E&Y) findings over the four scope of its Special Independent Review (SIR) of the company.

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Serba Dinamik reshuffles board to comply with Bursa Malaysia's requirements | Money

KUALA LUMPUR, Nov 24 — Serba Dinamik Holdings Bhd has announced the promotion of its current independent director to chairman and the resignation of its chairman and independent director to comply with Bursa Malaysia Securities Bhd’s requirements. In separate filings to Bursa Malaysia today,...

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Serba Dinamik chairman, director quit in protest over Bursa requirements 'prohibiting' them from 'fairly discharging duties'

KUALA LUMPUR (Nov 24): More board members have resigned from Serba Dinamik Holdings Bhd. The company has announced the resignations of its chairman Datuk Mohamed Ilyas Pakeer Mohamed and independent director Johan Mohamed Ishak, less than six months after the duo joined the board in mid-June.

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Bursa Malaysia commences legal action against Serba Dinamik Holdings | Money

KUALA LUMPUR, Nov 23 — Bursa Malaysia Securities Bhd said it has filed an originating summons in the High Court at Kuala Lumpur against Serba Dinamik Holdings Bhd. The summons, under section 360 of the Capital Markets and Services Act 2007, is “to order Serba Dinamik to make an immediate public...

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Bursa seeks court order to compel Serba Dinamik to disclose update on independent review factual findings

Bursa Malaysia Securities Bhd is seeking a court order to force Serba Dinamik Holdings Bhd to disclose the factual findings of the special independent review conducted by Ernst & Young Consulting Sdn Bhd on its financial accounts.

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Serba Dinamik in face-off with regulators

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?

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No end to suspension

KUALA LUMPUR: Serba Dinamik Holdings Bhd faces increased scrutiny and pressure after it failed to announce the findings of the special independent review by Ernst & Young (EY) to assess the the veracity of the audit issues raised by its former auditor KPMG.

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SCIB down 26%, KPower falls after Bursa rejects postponement of the former's annual report

Shares of Sarawak Consolidated Industries Bhd (SCIB) fell as much as 10.5 sen or 25.92% in early trade, after it said it will miss the deadline to submit its annual report by end of this month (Oct 31).

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Serba Dinamik remains suspended, has not complied with directive, says Bursa

The suspension on the trading in Serba Dinamik Holdings Bhd's shares remains in effect as the company has not complied with the directive to make an announcement on the findings from the special independent review, said Bursa Malaysia on Wednesday.

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Serba Dinamik continues to be suspended

KUALA LUMPUR: Trading in shares of Serba Dinamik Holdings Bhd remained suspended after it failed to announce the findings from the Factual Findings Update on the Special Independent Review (SIR) by Oct 26.

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