Justice Ahmad Fairuz also ordered Serba Dinamik to pay RM30,000 costs to Bursa Malaysia, as the case was brought requiring immediate attention. Counsel Mak Lin Kum appeared for Serba Dinamik while senior counsel Datuk Loh Siew Cheang appeared for Bursa Malaysia. Besides the injunction, Serba Dinamik also sought to nullify the appointment of E&Y Consulting under Bursa Malaysia’s directive to conduct the special independent review (SIR). “It would be a failure on the part of Bursa Malaysia if it did not go through with the suspension,” he said. Bursa Malaysia did not direct Serba Dinamik to appoint but it was on the company's own choosing.

Source: The Edge Markets February 10, 2022 20:07 UTC