KUALA LUMPUR (Jan 13): Serba Dinamik Holdings Bhd has unverified assets, liabilities, revenue and expenses amounting to RM12.43 billion, according to accountant Jason Sia Sze Wan from Nexia SSY PLT, the group's external auditor. By breakdown, Sia listed under assets an unverified property, plant and equipment of RM1.99 billion, unverified inventories of RM1.59 billion, as well as unverified trade and other receivables of RM1.59 billion. He also indicated RM1.35 billion of unverified revenue and RM1.62 billion of unverified cost of contracts with customers. “We do not express an opinion on the accompanying financial statements of the group and of the company,” Sia said. Serba Dinamik finally submitted its 2022 annual report to Bursa Malaysia Securities Bhd on Thursday after much delay since Oct 31, 2022.

Source: The Edge Markets January 14, 2023 07:23 UTC