<p><span>The Securities Commission Malaysia (SC) today charged Serba Dinamik Holdings Berhad (Serba Dinamik), its director and officers for submitting a false statement to Bursa Malaysia Securities Berhad, an offence under section 369(a)(B) of the Capital Markets and Services Act 2007 (CMSA).</span></p>
In Serba Dinamik's application filed on Dec 14, its managing director and chief executive officer, Datuk Dr Mohd Abdul Karim Abdullah, also affirmed an affidavit in support claiming the Factual Finding Update is “documentary hearsay evidence”.
Based on corporate announcements and news flow on Tuesday (Dec 21), companies in focus on Wednesday may include Serba Dinamik Holdings Bhd, Gamuda Bhd, Malakoff Corp Bhd, CTOS Digital Bhd, Tan Chong Motor Holdings Bhd, KNM Group Bhd and PCCS Group Bhd.
KUALA LUMPUR: Serba Dinamik Holdings Bhd plans to have its own satellite in the next three-and-a-half years as part of its business venture into the communication space.
KPower Bhd rose as much 24.39% to a high of 51 sen on Tuesday (Dec 14) morning after Serba Dinamik Holdings Bhd group managing director and chief executive officer Datuk Dr Mohd Abdul Karim Abdullah resigned as its non-independent non-executive chairman.