Serba Dinamik
SERBA Dinamik Holdings Bhd has been fighting many battles on many fronts over the past month after its former external auditor KPMG flagged what it alleged to be more than RM454 billion in questionable transactions. The company is alleged to.
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. Central and South Asia region contributed RM62 million or 08 per. The investigation into Serba was launched in May following a report by external auditor KPMG. The latter had raised concerns.
We would like to show you a description here but the site wont allow us. Geographically Serba Dinamik said the Middle East region was the largest contributor to the revenue providing RM5592 million or 700 per cent of total revenue for Q1 FY2022 followed by the Southeast Asia region which accounted for RM2311 million or 289 per cent of the total revenue. SERBA Dinamik Holdings Bhd confirmed it has defaulted on its US22222 million RM93999 million sukuk and it could significantly impact the groups financial performanceSerba Dinamiks wholly owned subsidiary SD International Sukuk Ltd defaulted on the sukuk on Dec 9 which was the deadline to pay US65 million in interest payment initially.
Bursa Securities had on November 23 filed an Originating Summons in the High Court at Kuala Lumpur against Serba Dinamik under Sections 3601ci andor ii J andor K andor M 3601. Serba Dinamik Holdings Bhd SDHB said it will not be able to issue its Annual Report 2021 for the financial period ended June 30 2021 by the due date on Nov 30 2021 as granted by. It said this was in.
Serba Dinamik independent directors express concern over audit matters. MARC downgrades Serba Dinamiks IMTN rating to CIS. We would like to show you a description here but the site wont allow us.
KUALA LUMPUR REUTERS - Malaysias securities regulator said it is seeking the arrest of oil and gas services firm Serba Dinamik Holdings chief executive and has charged company officers with. KUALA LUMPUR Nov 25 Serba Dinamik Holdings Bhd SDHB said it will not be able to issue its Annual Report 2021 for the financial period ended June 30 2021 by the due date on November 30 2021 as granted by Bursa Malaysia Securities Bhd for the first extension of time EOT. Information Communication Technology.
Serba Dinamik represented by its Independent Non-Executive Director Abu Bakar Uzir 43 made the plea after the charge was read to him before Judge Hamidah Md Deril. Serba Dinamik said on its website that the company through its subsidiaries is an international energy services group providing integrated engineering solutions to the oil and gas petrochemical and power generation industries besides the water wastewater and utilities sector. Serba Dinamik filed the originating summons and injunction application on Nov 3 and 5 repectively naming Bursa Malaysia and EY as the sole defendants.
To cater for the growing energy market locally and globally we are expanding our range of services and products in EPCC through the acquisition of 15 equity in Green Smart Holdings PLC. At a press conference last Tuesday Serba Dinamiks legal adviser Tan Sri Muhammad Shafee Abdullah after questioning KPMGs processes said. Currently Serba Dinamiks securities including all warrants have been suspended by Bursa Malaysia for almost seven weeks.
Serba Dinamik together with our affiliate companies have created a regional network of EPCC customers. The suspension which began on Oct 22 was made following the failure.
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