Serba Dinamik Holdings Bhd has confirmed that it has defaulted on its US$222.22 million sukuk, and said the incident may significantly impact the group’s financial performance.
Fitch Ratings has downgraded Malaysia-based energy service provider Serba Dinamik Holdings Bhd's long-term issuer default rating to "RD" (restricted default) from "C".
KUALA LUMPUR: Stocks that saw recent corporate news flow include Top Glove Corp Bhd, Serba Dinamik Holdings Bhd, TSH Resources Bhd, Chin Hin Group Property Bhd (CHGP) and Velesto Energy Bhd, according to JF Apex Research.