KUALA LUMPUR Feb 7 - The Kuala Lumpur High Court had today, delivered its judgment in respect of the suit by Bursa Securities against Serba Dinamik Holdings Bhd (SERBADK) and ordered the company to make an immediate public announcement of the Factual Findings Update on the Special Independent Review as at 30 September 2021, within 2 market days from the order.
The High Court also struck out SERBADK’s application to expunge the findings from Factual Findings Update from the records.
Bursa Securities wishes to re-iterate that listed issuers must make immediate public disclosure of any material information under the Listing Requirements to ensure all investors are well informed of and are given equal access to material information in order to be able to trade on equal footing.
Bursa Securities will continue to discharge its statutory duties to uphold and maintain an orderly and fair market. - DagangNews.com
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