Bursa rejects Serba Dinamik’s request for extension

The controversy-hit company said in a filing with the stock exchange that it had on Nov 23 requested a second extension up to Dec 31, citing the change of external auditor and impact of movement restrictions in Malaysia and abroad due to Covid-19 as reasons for the proposed extension

PETALING JAYA: Bursa Malaysia has rejected oil and gas company Serba Dinamik Holdings Bhd’s request for an extension of time to issue its annual report for the financial year ended June 30, 2021.

The controversy-hit company said in a filing with the stock exchange that it had on Nov 23 requested a second extension up to Dec 31, citing the change of external auditor and impact of movement restrictions in Malaysia and abroad due to Covid-19 as reasons for the proposed extension.