Bursa: The board of directors of the company wishes to further inform that the board is in the midst of seeking legal advice to appeal and/or set aside the Winding Up Order. theSun theSundaily HighCourt banks Finance
: The High Court here today allowed a petition filed by six financial institutions to wind up Serba Dinamik Holdings Berhad and its three subsidiaries.
Judicial Commissioner Ahmad Murad Abdul Aziz granted a petition by the six petitioners to wind up respondents SDHB and its subsidiaries, Serba Dinamik Group Berhad , Serba Dinamik Sdn Bhd and Serba Dinamik International Ltd in proceedings conducted via online.Counsel Ranjit Singh, representing EFIRE Capital Holdings Ltd confirmed today’s decision when contacted.
It said the costs borne by the petitioners will be paid out of the assets of SDHB and Saw of PricewaterhouseCoopers Advisory Services Sdn Bhd will continue to remain as the Interim Liquidator of the company and be empowered to exercise the powers granted by virtue of the order dated Aug 23, 2022 pending perfection and lodgment of the order.
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