Serba Dinamik shares slip on report of Securities Commission probe in early session | Malay Mail

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 KUALA LUMPUR, June 8 — Oil and gas (O&G) giant Serba Dinamik Holdings Bhd was among the top loser counters, losing 13.5 sen to 63 sen in the early session following on news reports that the Securities Commission Malaysia (SC) is investigating the alleged...

Tuesday, 08 Jun 2021 11:07 AM MYT

The O&G company, in a statement last Thursday, said it had 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.On May 28, Serba Dinamik’s second largest shareholder, Datuk Abdul Kadier Sahib proposed the removal of KPMG PLT as its external auditor.

On June 2, Abdul Kadier withdrew a notice calling for an extraordinary general meeting to replace KPMG as the company's external auditor and the proposed nomination of BDO PLT as the new auditors.

 

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