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Serba Dinamik co-founder Awang Daud and EPF dump shares amid audit issues


KUALA LUMPUR (June 10): Serba Dinamik Holdings Bhd s co-founder Datuk Awang Daud Awang Putera has disposed of 8.5 million shares in the group,  which has been in the limelight since May 25 over some audit issues.
The oil and gas service provider‘s bourse filing showed that Awang Daud, who is also the group s non-independent non-executive director, sold the shares in the open market yesterday, reducing his stake to 1.8% from 2.24%.
Serba Dinamik shares closed at 62.5 sen apiece yesterday. A back-of-the-envelope calculation shows the block of shares sold for RM5.31 million.
Besides Awang Daud, the Employees Provident Fund (EPF) has also disposed of Serba Dinamik shares in the open market. ....

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