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KUALA LUMPUR: Engineering services company Serba Dinamik Holdings Bhd has been downgrade by S&P Global Ratings. The global rating agency downgraded Serba Dinamik to ‘D’ on the missed coupon payment of its sukuk.
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Investegate announcements from Nationwide B.S., Publication of Base Prospectus
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At least one broker is requiring investors to pay cash upfront to buy shares of Serba Dinamik Holdings Bhd. This means the standard practice of the T+2 settlement cycle will not apply for the oil and gas services company for the time being. A source from RHB Investment told StarBiz that Serba Dinamik securities are considered as high-risk. PETALING JAYA: After several rating downgrades and hitting limit-down for two consecutive days, at least one broker is requiring investors to pay cash upfront to buy shares of Serba Dinamik Holdings Bhd . This means that the standard practice of the T+2 set...