Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Malaysia
  4. BURSA MALAYSIA
  5. Serba Dinamik Holdings Berhad
  6. News
  7. Summary
    SERBADK   MYL5279OO004

SERBA DINAMIK HOLDINGS BERHAD

(SERBADK)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Serba Dinamik : With new INEDs appointed, Serba to focus on external auditor search next

07/08/2021 | 01:10pm EDT

SERBA Dinamik Holdings Bhd has completed its search for 'replacement' independent non-executive directors (INEDs) a day earlier than expected.

While FocusM got the number (two individuals) and gender (one man and one woman) right, it nevertheless erred in predicting the date of announcement which was earlier than the expected 'Thursday' (tomorrow or July 8).

Well, as the saying goes, it's always better to be early than late. The duo are Datuk Seri Mohamed Farid Abu Hassan, 62, and Siti Zaleha Sulaiman, 57.

Datuk Seri Mohamed Farid Abu Hassan

Mohamed Farid who holds a Masters in Social Science (Strategic and Security Analysis) from Universiti Kebangsaan Malaysia last served as a Special Branch director with the rank of Commissioner of Police prior to his retirement in June this year.

Having served a period of 42 years in various capacities within the Police Force, Mohamed Farid had also attended relevant security and intelligence courses in the US, UK and Australia.

Siti Zaleha who holds a MSc (Computer Science) from the University of Miami (in the US) is also a certified professional in enterprise risk management from the Institute of Enterprise Risk Practitioners Malaysia.

Siti Zaleha Sulaiman

She was former Bursa Malaysia's head of corporate risk management (February 2013-April 2016) as well as INED with AIMFLEX Bhd (October 2020-present);

Both Mohamed Farid and Siti Zaleha will fill the void of independent directors on Serba Dianmik's board after five of its INEDsresigned on June 24, including recently appointed Masleena Zaid.

The two remaining INEDs on the company's board are Datuk Mohamed Ilyas Pakeer Mohamed (who is also the chairman) and Johan Mohamed Ishak.

Apart from Masleena, the other four old guards had cited differences in opinion that they had with the decisions made by the board which in their views were not to the best interest of the company, as reasons for their departure.

They were Tengku Datuk Seri Hasmuddin Tengku Othman, 59; Hasman Yusri Yusoff, 60; Rozilawati Basir, 50; and Sharifah Irina Syed Ahmad Radzi, 44.

With the latest development and after having cemented the appointmentof its special independent reviewer in Ernst & Young Consulting Sdn Bhd (EY) last Friday (July 2), Serba Dinamik can now focus on the hiring of its new external auditor to replace KPMG PLT which resigned from the role on June 24 by end-July.

In a Bursa Malaysia filing yesterday, the company said it had submitted the request of proposal for provision of external audit to international audit firms on June 27.

Meanwhile, Serba Dinamik's share price retraced to close 3 sen or 5.88% lower today to 48 sen after three consecutive trading sessions in the green (July 2, July 5 and July 6).

Its share volume also shrank to 311.29 million shares in tandem with bearish market sentiment which saw the FBM KLCI retreated 1.48 points (by almost 7 points at one juncture). - July 7, 2021

Disclaimer

Serba Dinamik Holdings Bhd published this content on 07 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 July 2021 16:24:41 UTC.


ę Publicnow 2021
All news about SERBA DINAMIK HOLDINGS BERHAD
08/25SERBA DINAMIK BERHAD : making waves in cybersecurity field with ESPC
PU
08/23SERBA DINAMIK BERHAD : takes legal action against KLSE Screener
PU
08/17SERBA DINAMIK BERHAD : aims to become major player in International RE Sector
PU
08/11SERBA DINAMIK BERHAD : bags 15 contracts including eight worth nearly RM290mil
PU
07/08SERBA DINAMIK : With new INEDs appointed, Serba to focus on external auditor search next
PU
07/07Serba Dinamik Holdings Berhad Announces Appointment of Siti Zaleha Binti Sulaiman as Me..
CI
07/07Serba Dinamik Holdings Berhad Announces Appointment of Siti Zaleha Binti Sulaiman as Me..
CI
07/07Serba Dinamik Holdings Berhad Announces Appointment of Siti Zaleha Binti Sulaiman as Me..
CI
07/07Serba Dinamik Holdings Berhad Announces Appointment of Haji Mohamed Farid Bin Abu Hassa..
CI
07/07Serba Dinamik Holdings Berhad Announces Appointment of Haji Mohamed Farid Bin Abu Hassa..
CI
More news
Financials
Sales 2020 5 384 M 1 286 M 1 286 M
Net income 2020 579 M 138 M 138 M
Net Debt 2020 2 330 M 556 M 556 M
P/E ratio 2020 1,94x
Yield 2020 15,6%
Capitalization 1 113 M 266 M 266 M
EV / Sales 2020 0,64x
EV / Sales 2021 0,47x
Nbr of Employees 1 725
Free-Float 48,3%
Chart SERBA DINAMIK HOLDINGS BERHAD
Duration : Period :
Serba Dinamik Holdings Berhad Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SERBA DINAMIK HOLDINGS BERHAD
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus SELL
Number of Analysts 7
Last Close Price 0,33 MYR
Average target price 0,35 MYR
Spread / Average Target 4,76%
EPS Revisions
Managers and Directors
Mohammad Abdul Karim bin Abdullah Group CEO, Non-Independent Executive Director & MD
Azhan Azmi Chief Financial Officer
Mohamed Ilyas bin Pakeer Mohamed Independent Non-Executive Chairman
Kalaikovan Anthony Chief Technology Officer
Puan Masleena binti Zaid Independent Non-Executive Director
Sector and Competitors