Saturday, July 10, 2021

KPMG

1MDB, M’sian govt sue KPMG for $5.6 billion

KUALA LUMPUR: The government of Malaysia, Minister of Finance Inc (MOF Inc), 1Malaysia Development Berhad (1MDB) and four of its subsidiaries have filed a suit against 44 partners of accounting firm KPMG, seeking $5.6 billion for alleged breach of...

EY accepts appointment as Serba Dinamik’s independent reviewer

KUALA LUMPUR: Ernst & Young Consulting Sdn Bhd (EY) has accepted the appointment as Serba Dinamik Holdings Bhd’s independent reviewer to assess the veracity and accuracy of the matters highlighted by the latter’s former external auditor, KPMG PLT. In a...

Serba Dinamik’s shares fall 16 pct after directors’ resignations

KUALA LUMPUR: Serba Dinamik Holdings Bhd's shares fell by 16 per cent after four of its independent non-executive directors resigned last Friday due to a difference of opinion on the company’s legal action against its former external auditor, KPMG...

We have done nothing wrong

KUCHING: Serba Dinamik’s founder and group chief executive officer Datuk Dr Mohd Abdul Karim Abdullah yesterday reiterated that the company has done nothing wrong after its external auditor KPMG PLT (KPMG) raised red flags on the company’s financial accounts. “Serba...

Serba Dinamik board approves appointment of E&Y as independent reviewer

KUALA LUMPUR: Serba Dinamik Holdings Bhd’s board of directors has agreed in principle to appoint Ernst & Young Advisory Services Sdn Bhd (E&Y) as the independent reviewer to assess the veracity and accuracy of the issues highlighted by external...

Serba Dinamik remains solid O&G player despite market turmoil

By Azman Ujang KUALA LUMPUR: Malaysian oil and gas (O&G) services giant Serba Dinamik Holdings Bhd remains strong with good growth prospects for the coming years despite facing a very challenging market, an industry observer said. The observer told Bernama that...

Serba Dinamik Holdings to finalise independent firm appointment soon

KUALA LUMPUR: Serba Dinamik Holdings Bhd refers to reports on the removal of KPMG PLT as the group’s external auditor and the subsequent proposed nomination of BDO PLT as the new external auditor as announced on Bursa Malaysia on...
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Sarawak prepares to tackle DEADLY DELTA

KUCHING: Authorities are now in the midst of preparing resources to cushion the impact of the recently detected Covid-19...
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