When the accounting issue at Serba Dinamik first surfaced in May this year, its stock price nose-dived, so did the share price of SCIB. At Thursday’s close, SCIB shares were trading at 66.5 sen from a high of RM2.50 a piece in February this year. SCIB chief executive officer Rosland Othman explains that Serba Dinamik and SCIB are two different entities in distinct industries. He says Abdul Karim is not involved in the day to day management of SCIB. Interestingly, that comment came from Abdul Karim, speaking to the media about the prospects of SCIB.
Source: The Star July 30, 2021 23:37 UTC