Osman65

Osman65 | Joined since 2020-09-28

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2021-07-02 18:52 | Report Abuse

OTHERS Serba Dinamik Holdings Berhad - Appointment of Independent Reviewer
SERBA DINAMIK HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description Serba Dinamik Holdings Berhad - Appointment of Independent Reviewer
The Board of Directors ("the Board") of Serba Dinamik Holdings Berhad ("the Company”) refers to the Company's announcement made on 14 June 2021 in relation to the appointment of independent reviewer to assess the accuracy and veracity of the matters highlighted by the Company's former external auditors, KPMG PLT.



The Company wishes to announce that the Board has formally appointed Ernst & Young Consulting Sdn. Bhd. (formerly known as Ernst & Young Advisory Services Sdn. Bhd.) (“EY”) as the special independent reviewer to assist the Board in undertaking the special independent review. This decision is on the back of discussion held between the Company and Bursa Malaysia Securities Berhad ("Bursa Malaysia") where EY is fit for the engagement as they are a reputable “Big 4” firm of auditors. The appointment of EY is also made under the directive from Bursa Malaysia pursuant to paragraphs 2.23 and 2.24 of the Main Market Listing Requirements of Bursa Malaysia (“the Directive”).



The scope of works of the special independent review comprising the following where the same has also been reviewed and approved by Bursa Malaysia:



Scope

Description

1

a) To assess the validity and veracity of the transactions and balances with respect to the 11 identified customers on sales transactions, trade receivables and materials on sites;

b) To quantify the possible financial impact, if any.

2

To assess the validity and veracity of the purchases from six (6) identified local suppliers.

3

a) To assess the validity and veracity of the IT contracts/ transactions entered into with the six (6) identified customers and two (2) identified suppliers;

b) To assess the appropriateness of the revenue and costs recognised in the financial year in relation to the identified customers and suppliers above.

4

To assess the existence (where possible); and validity of the transactions and balances of the one (1) identified customer and one (1) identified supplier located in Bahrain.



This announcement is dated 2 July 2021.





Announcement Info
Company Name SERBA DINAMIK HOLDINGS BERHAD
Stock Name SERBADK
Date Announced 02 Jul 2021
Category General Announcement for PLC
Reference Number GA1-02062021-00127

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2021-06-22 14:45 | Report Abuse

Bursa no news

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2021-04-29 10:52 | Report Abuse

Fly to moon........

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2021-04-27 05:24 | Report Abuse

The Board of Directors of Barakah wishes to inform that its wholly owned subsidiary PBJV Group Sdn. Bhd. (“PBJV”) has made an application to the Court pursuant to Section 366(3) and (4) of the Companies Act 2016 for an approval of PBJV’s Proposed Debt Settlement as detailed in the Explanatory Statement dated 19 February 2021 and the Court had on 26 April 2021 granted order thereof (“the Approval Order”).

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2021-04-02 20:27 | Report Abuse

Oil price up also...
Hope next week have good news...

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2021-04-02 12:47 | Report Abuse

Next week limit up...

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2021-03-17 18:56 | Report Abuse

Datasonic nak ikut jejak dataprep ke..

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2021-03-15 18:57 | Report Abuse

Taiwan lady come in...

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2021-03-08 18:42 | Report Abuse

30 million share acqire...
Hope rocket soon....

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2020-12-10 20:28 | Report Abuse

Dah cukuo modal utk terbang...

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2020-12-10 20:28 | Report Abuse

Dah cukuo modal utk terbang...

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2020-12-10 18:25 | Report Abuse

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