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Serba Dinamik to be delisted from Bursa Malaysia effective June 5 | Scoop

Serba Dinamik Holdings Bhd will be delisted from Bursa Malaysia Securities Bhd effective June 5. – File pic, May 30, 2024

Serba Dinamik to be delisted from Bursa Malaysia effective June 5

Bursa Securities dismisses company’s appeal for six-month extension to submit its regularisation plan for approval

Updated 30 May, 2024

30 May, 2024

9:19 PM MYT

KUALA LUMPUR – Serba Dinamik Holdings Bhd will be removed from the official list of Bursa Malaysia Securities Bhd effective June 5.

In a filing with Bursa Malaysia today, it said the delisting was pursuant to paragraph 8.04 of the Main Market Listing Requirements.

It said Bursa Securities has decided to dismiss the company’s appeal for a further extension of time of six months to submit its regularisation plan to relevant authorities for approval.

“Upon the delisting of the company, the company will continue to exist but as an unlisted entity.

“The company is still able to continue its operations and businesses and proceed with its corporate restructuring, and its shareholders can still be rewarded by the company’s performance,” it said.

However, Serba Dinamik noted that the shareholders will be holding shares which are no longer quoted and traded on Bursa Securities. – May 30, 2024

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