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KUALA LUMPUR, Malaysia (July 5): Serba Dinamik Holdings Bhd’s stock rose more than 6% in morning Bursa Malaysia trade today, after the engineering solutions provider announced last Friday (July 2) that it had formally appointed Ernst & Young Consulting Sdn Bhd (EY) as the special independent reviewer to assist Serba Dinamik in undertaking the special independent review of the company’s financials in a closely watched corporate governance case.
Serba Dinamik rose 2.5 sen, or 6.49 percent, to 41 sen at 9 a.m. today.
There will be more to come.
Read also:Bursa Malaysia directs Serba Dinamik to appoint Ernst & Young as an independent reviewer
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