SC issues max RM3mil compound notice each to Serba Dinamik, top execs


KUALA LUMPUR: The Securities Commission has compounded Serba Dinamik Holdings Bhd and four individuals, including its CEO and top executives, with the maximum permissible sum of RM3mil each for charges of submitting a false statement to Bursa Malaysia Securities Bhd.

In a statement issued today, the regulator said the Public Prosecutor had accepted the representation made to the Attorney-General's Chambers by the oil and gas firm and the individuals involved regarding the charges pending in court.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Ports powering property
Smart homes on a budget
Tackling the complexities of flooding
Ringgit to exhibit softness in thin trading next week
Stay the course in Malaysia’s growth
Bond option for retirees
Raising The Standard in Singapore
Slow going for O&G
What 2025 means to the economy
Government to decide on new electricity tariffs

Others Also Read