KUALA LUMPUR – Serba Dinamik Holdings Bhd saw four independent non-executive directors resigning today due to differences in opinion regarding the company’s decision against its former external auditor, KPMG PLT.
In a filing with Bursa Malaysia, Serba Dinamik said the four who quit are Hasman Yusri Yusoff, Datuk Seri Tengku Hasmuddin Tengku Othman, Sharifah Irina Syed Ahmad Radzi and Rozilawati Basir.
The company’s decision to commence legal action against KPMG is also among the reasons that prompted the resignations, it said.
Serba Dinamik on Tuesday announced that it has filed a civil claim for substantial damages against KPMG, alleging professional negligence, breach of contract, and breach of statutory duty.
Yesterday, the oil and gas services provider said KPMG has submitted its resignation as the company’s auditor effective immediately, following the filing of the suit.
An auditing dispute has been raised between Serba Dinamik and KPMG after the latter last month highlighted discrepancies involving transactions amounting to RM4.54 billion to the company’s independent directors.
The issues raised are based on financial accounts for the financial year ended December 31, 2020. – Bernama, June 25, 2021
