KUALA LUMPUR: Top executives of oil and gas company Serba Dinamik Holdings Bhd, including its chief executive officer Datuk Mohd Abdul Karim Abdullah, have been acquitted by the Sessions Courts of charges involving offences under the Capital Markets and Services Act (CMSA) 2007.
This follows a RM16mil compound payment imposed by the Securities Commission (SC) that was settled on May 9, the court heard.
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