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Serba Dinamik share price continues uptrend


’s share price increased by more than a quarter in a day but the stock still has a long way to go to recoup over RM4bil in lost market capitalisation.
The strong surge in share price happened as investors reacted positively to the formal appointment of Ernst & Young Consulting Sdn Bhd (EY) as the group’s special independent reviewer.
The oil and gas engineering services company was also the most actively traded stock on Bursa Malaysia yesterday.
The share price, which traded in the range of 39.5 sen to 51.5 sen, closed higher by 25.97% or 10 sen at 48.5 sen.
A total of 1.49 billion shares changed hands. ....

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Serba Dinamik extends gain after formalising EY's appointment as special independent reviewer


KUALA LUMPUR (July 5): Serba Dinamik Holdings Bhd’s share price rose as much as three sen or 7.79% to 41.5 sen in Bursa Malaysia morning trade today after the engineering solution provider announced last Friday (July 2) it had formally appointed Ernst & Young Consulting Sdn Bhd (EY) as the special independent reviewer to assist Serba Dinamik in undertaking the special independent review of the company’s financials in a widely-watched corporate dispute involving the company’s statutory audit matters.
Last Friday, Serba Dinamik said the appointment of EY as the special independent reviewer aims to assess the accuracy of matters highlighted by Serba Dinamik s former external auditor KPMG PLT. ....

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Serba Dinamik formally appoints EY as independent reviewer

Serba Dinamik formally appoints EY as independent reviewer
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