| No. | Nature of Offence | Offender(s) | Facts of Case | Compound Imposed |
|---|---|---|---|---|
|
1. |
With intent to deceive furnished a false statement to Bursa Malaysia | Serba Dinamik Holdings Berhad (“Serba Dinamik”) | Serba Dinamik was charged in the Kuala Lumpur Sessions Court with furnishing a false statement relating to the revenue of Serba Dinamik to Bursa Malaysia Securities Berhad. The charge which was preferred under section 369(a)(B) of the Capital Markets and Services Act 2007 (“CMSA”) was in relation to Serba Dinamik’s Quarterly Report on the Consolidated Results for the Quarter and Year Ended 31 December 2020. |
Serba Dinamik was charged on 28 December 2021. On 13 April 2022, the SC with the written consent of the Public Prosecutor (“PP”), and pursuant to its powers under section 373(1) of the CMSA issued a compound notice to Serba Dinamik. On 9 May 2022, Serba Dinamik paid the compound sum of RM3,000,000. On 13 May 2022, the charge against Serba Dinamik was withdrawn in the KL Sessions Court. |
| 2. | With intent to deceive furnished a false statement to Bursa Malaysia | Mohd Abdul Karim bin Abdullah (“Mohd Karim”) | Mohd Karim was charged in the Kuala Lumpur Sessions Court with furnishing a false statement relating to the revenue of Serba Dinamik Holdings Berhad (“Serba Dinamik”) to Bursa Malaysia Securities Berhad. The charge which was preferred under section 369(a)(B) of the Capital Markets and Services Act 2007 (“CMSA”) was in relation to Serba Dinamik’s Quarterly Report on the Consolidated Results for the Quarter and Year Ended 31 December 2020. Mohd Karim, who at the material time was a director of Serba Dinamik, is deemed to have committed an offence under section 369(a)(B) read together with section 367(1) of the CMSA and punishable under section 369 of the same Act. | Mohd Karim was charged on 29 December 2021.
On 13 April 2022, the SC with the written consent of the Public Prosecutor (“PP”), and pursuant to its powers under section 373(1) of the CMSA issued a compound notice to Mohd Karim. On 9 May 2022, Mohd Karim paid the compound sum of RM3,000,000. On 13 May 2022, the charge against Mohd Karim was withdrawn in the KL Sessions Court. |
| 3. | With intent to deceive furnished a false statement to Bursa Malaysia | Syed Nazim bin Syed Faisal (“Syed Nazim”) | Syed Nazim was charged in the Kuala Lumpur Sessions Court with furnishing a false statement relating to the revenue of Serba Dinamik Holdings Berhad (“Serba Dinamik”) to Bursa Malaysia Securities Berhad. The charge which was preferred under section 369(a)(B) of the Capital Markets and Services Act 2007 (“CMSA”) was in relation to Serba Dinamik’s Quarterly Report on the Consolidated Results for the Quarter and Year Ended 31 December 2020. Syed Nazim, who at the material time was a director of Serba Dinamik, is deemed to have committed an offence under section 369(a)(B) read together with section 367(1) of the CMSA and punishable under section 369 of the same Act. | Syed Nazim was charged on 28 December 2021.
On 13 April 2022, the SC with the written consent of the Public Prosecutor (“PP”), and pursuant to its powers under section 373(1) of the CMSA issued a compound notice to Syed Nazim. On 9 May 2022, Syed Nazim paid the compound sum of RM3,000,000. On 13 May 2022, the charge against Syed Nazim was withdrawn in the KL Sessions Court. |
| 4. | With intent to deceive furnished a false statement to Bursa Malaysia | Azhan Bin Azmi (“Azhan”) | Azhan was charged in the Kuala Lumpur Sessions Court with furnishing a false statement relating to the revenue of Serba Dinamik Holdings Berhad (“Serba Dinamik”) to Bursa Malaysia Securities Berhad. The charge which was preferred under section 369(a)(B) of the Capital Markets and Services Act 2007 (“CMSA”) was in relation to Serba Dinamik’s Quarterly Report on the Consolidated Results for the Quarter and Year Ended 31 December 2020. Azhan, who at the material time was an officer of Serba Dinamik, is deemed to have committed an offence under section 369(a)(B) read together with section 367(1) of the CMSA and punishable under section 369 of the same Act. | Azhan was charged on 28 December 2021. On 13 April 2022, the SC with the written consent of the Public Prosecutor (“PP”), and pursuant to its powers under section 373(1) of the CMSA issued a compound notice to Azhan. On 9 May 2022, Azhan paid the compound sum of RM3,000,000. On 13 May 2022, the charge against Azhan was withdrawn in the KL Sessions Court. |
| 5. | With intent to deceive furnished a false statement to Bursa Malaysia | Muhammad Hafiz bin Othman (“Muhammad Hafiz”) | Muhammad Hafiz was charged in the Kuala Lumpur Sessions Court with furnishing a false statement relating to the revenue of Serba Dinamik Holdings Berhad (“Serba Dinamik”) to Bursa Malaysia Securities Berhad. The charge which was preferred under section 369(a)(B) of the Capital Markets and Services Act 2007 (“CMSA”) was in relation to Serba Dinamik’s Quarterly Report on the Consolidated Results for the Quarter and Year Ended 31 December 2020. Muhammad Hafiz, who at the material time was an officer of Serba Dinamik, is deemed to have committed an offence under section 369(a)(B) read together with section 367(1) of the CMSA and punishable under section 369 of the same Act. | Muhammad Hafiz was charged on 28 December 2021.
On 13 April 2022, the SC with the written consent of the Public Prosecutor (“PP”), and pursuant to its powers under section 373(1) of the CMSA issued a compound notice to Muhammad Hafiz. On 9 May 2022, Muhammad Hafiz paid the compound sum of RM3,000,000. On 13 May 2022, the charge against Muhammad Hafiz was withdrawn in the KL Sessions Court. |
| 6. | Falsification of records | Muhammad Hafiz bin Othman (“Muhammad Hafiz”) | Muhammad Hafiz was charged in the Shah Alam Sessions Court for causing the books of Serba Dinamik Sdn Bhd (“SDSB”), a related corporation to Serba Dinamik Holdings Berhad (“Serba Dinamik”) to be falsified. Muhammad Hafiz allegedly instructed the preparation of false documentations relating to the sales of SDSB whereby the information in the said false documentations were recorded in the accounting records of SDSB. The charge preferred against Muhammad Hafiz was under section 368(1)(b)(i) of the Capital Markets and Services Act 2007 (“CMSA”), and punishable under section 368(2) of the same Act. |
Muhammad Hafiz was charged on 29 December 2021. On 13 April 2022, the SC with the written consent of the Public Prosecutor (“PP”), and pursuant to its powers under section 373(1) of the CMSA issued a compound notice to Muhammad Hafiz. On 9 May 2022, Muhammad Hafiz paid the compound sum of RM1,000,000. On 19 May 2022, the charge against Muhammad Hafiz was withdrawn in the Shah Alam Sessions Court. |
