General Announcement for PLC

30/11/2021

Articles Entitled: (1) "Bursa seeks court order to compel Serba Dinamik to disclose update on independent review factual findings";(2) "Why Bursa sought Serba Dinamik to be compelled to make public announcement on independent review"; and(3) "Bursa's suit sheds more light on Serba Dinamik's financials"

SERBA DINAMIK HOLDINGS BERHAD

Type Reply to Query
Reply to Bursa Malaysia's Query Letter - Reference ID IQL-29112021-00002
Subject Articles Entitled: (1) "Bursa seeks court order to compel Serba Dinamik to disclose update on independent review factual findings";(2) "Why Bursa sought Serba Dinamik to be compelled to make public announcement on independent review"; and(3) "Bursa's suit sheds more light on Serba Dinamik's financials"
Description
Serba Dinamik Holdings Berhad - Clarification on the Articles appearing in Theedgemarkets.com Website
Query Letter Contents

We refer to the above articles appearing in theedgemarkets.com website on 23 November 2021 and 24 November 2021, and The Edge Weekly dated 29 November 2021, a copy of which are enclosed for your reference.

 

In this respect, kindly make an immediate announcement to the Exchange via Bursa LINK for public release to clarify the above articles in accordance with paragraphs 9.09 and 9.10 of the Main Market Listing Requirements, and any development thereof.

 

Yours faithfully

 

 

Listing

Regulation

 

c.c.: Market Surveillance Dept., Securities Commission Malaysia (via fax)

We refer to the Bursa’s query dated 29 November 2021.

 

The Board of Directors of Serba Dinamik Holdings Berhad wishes to announce that the articles appearing in theedgemarkets.com website on 23 November 2021, 24 November 2021 and 29 November 2021 (“Articles”) respectively concern the subject matter of the proceeding brought by Bursa Malaysia Securities Berhad against the Company (as described in the Company’s announcement dated 30 November 2021).

 

The Company sought legal advice of the abovesaid and is advised that any deliberation and/or circulation of the Articles is sub judice, which would tantamount to an interference of the subject matter of the court proceedings and is in fact open to the Company to take out committal proceedings against interfering parties. The Company will take steps to protect the Company’s interest in the event the Company’s interest is prejudiced in this regard.

 

This announcement is dated 30 November 2021. 





Announcement Info

Company Name SERBA DINAMIK HOLDINGS BERHAD
Stock Name SERBADK
Date Announced 30 Nov 2021
Category General Announcement for PLC
Reference Number GA1-30112021-00097


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