KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded Serba Dinamik Holdings Bhd and 10 of its directors and also imposed fines ranging from RM355,200 to RM1.38 million.
Minetech Resources Bhd’s unit has secured a RM36.71 million contract from Tesdec Hydropower Sdn Bhd to build a mini-hydro power plant in Besut, Terengganu, from January this year till May 2027. This came after both parties entered into a Memorandum of Understanding (MOU) in December last year to collaborate in the development of a 30MW mini-hydro project in Terengganu
KUALA LUMPUR, April 14 Bursa Malaysia Securities Bhd yesterday filed contempt proceedings against Serba Dinamik Holdings Bhd and its directors over the troubled oil and gas outfit’s failure to reveal the fact-finding update of its special independent review, The Edge reported today. Bursa.
IS Serba Dinamik Holdings Bhd sliding down a slippery slope, or will the company’s management be vindicated, and some semblance of normalcy return to the beleaguered oil and gas outfit?