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Serba Dinamik to finalise EY appointment as independent reviewer in "one to two weeks", says chairman
savemalaysia
Publish date: Mon, 28 Jun 2021, 12:18 PM
KUALA LUMPUR: Serba Dinamik Holdings Bhd will finalise the appointment of Ernst & Young Advisory Services Sdn Bhd (EY) as its independent reviewer in one to two weeks.
Serba Dinamik chairman Datuk Mohamed Ilyas Pakeer Mohamed said the company had spoken to EY on its appointment to assess the veracity and accuracy of the issues highlighted by its former external auditor KPMG.
"Once we settle the legal working arrangement, EY can start doing their jobs. In one to two weeks time, we will finalise the appointment.
"EY will only do the external audit review, but the audit is not complete yet. So now we have to get another auditor (among the Big Four) to complete the statutory audit. The proposal is out to invite the new auditor, now we just wait for the process to commence," Ilyas told the New Straits Times in an interview.
https://www.nst.com.my/business/2021/06/702915/serba-dinamik-finalise-ey-appointment-independent-reviewer-one-two-weeks
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Discussions
1 person likes this. Showing 10 of 10 comments
What type of rubbish loh ??
U cannot finalise & appoint EY next 2 to 3 days, why take so long ah ?
U cannot employ EY to be your Statutory auditor meh ??
What happen to your proposal of BDO as your statutory auditor leh ?
2021-06-28 12:37
Wau! Need to take so many days? Share prices cannot take so many days to stop the down trending lah. Better change your plan to 3 to 4 days time lah.
2021-06-28 13:42
Audit firm maybe want to consider the risks involved to take this engagement... Risk vs Rewards
2021-06-28 15:12
EY will accept on one condition, KPMG to share information. Do u think KPMG will share their info to their rival ?
2021-06-28 20:43
Bursa already told them - NO! By Friday.
Bursa Malaysia orders Serba Dinamik to appoint independent reviewer by Friday - The Edge
2021-06-28 20:55
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