KUALA LUMPUR – The Employees Provident Fund (EPF) on June 4 disposed of a further 481,000 shares in Serba Dinamik Holdings Bhd, reducing its shareholding in the oil and gas services group to 9.90%, according to a filing with Bursa Malaysia today.
The fund earlier disposed of 955,200 shares, also in the open market, on June 2 and 3.
However, EPF remains a major shareholder in the company with 367.411 million shares.
It was reported that the fund is concerned about issues surrounding Serba Dinamik, and is engaging with it regarding audit-related matters raised by auditor KPMG.
At the close today, shares of Serba Dinamik rose 2.40% to 64 sen, with 98.18 million units transacted. – Bernama, June 10, 2021
