KUALA LUMPUR (June 14): Serba Dinamik Holdings Bhd’s board had agreed in principle to appoint Ernst & Young Advisory Services Sdn Bhd (EY) as its independent reviewer to assess veracity and accuracy of the matters highlighted by external auditors KPMG PLT.
In a bourse filing, the group said an updated announcement will be made upon the finalisation of terms and conditions of the said appointment.
In separate bourse filings, the group also announced that it was appointing Datuk Mohamed Ilyas Pakeer Mohamed, Masleena Zaid and Johan Mohamed Ishak to its board as independent and non-executive directors.
Johan, 45, had served as the chief executive officer of Media Prima Bhd between 2017 and 2020, and since then has occupied the role of managing director of Awesome Media Network Sdn Bhd, where Ilyas, 65, is chairman.
s share price surged to a high of 75.5 sen in afternoon trade on Monday board of directors has agreed in principle, to appoint Ernst & Young Advisory Services Sdn Bhd as the independent reviewer.
In a statement to Bursa Malaysia on Monday, it said EY will assess veracity and accuracy of the matters highlighted by the external auditors, KPMG PLT.
“An updated announcement will be made upon the finalisation of terms and conditions of the said appointment, ” it said in a statement at the midday break.
At 3.28pm, its share price was up seven sen to 67.5 sen with 854m shares done. Its warrants climbed three sen to 11.5 sen.