However, Serba Dinamik’s two largest shareholders, Datuk Dr Mohd Abdul Karim Abdullah and Datuk Abdul Kadier Sahib, both bought more shares in the company.Yesterday, Awang Daud sparked wide market talk following his disposal of 8.5 million shares in the open market at an average price of 64.02 sen (an equivalent of 0.23% of his shareholding) which trimmed his stake in Serba Dinamik 1.8% or 66.79 million shares. With the latest disposal, Awang Daud is left with 62.49 million shares or 1.67% in the company, from 2.24% or 75.29 million shares prior to the audit issue revelation.ĮPF’s latest disposal meanwhile has further reduced its stake to 9.89% or 366.79 million shares in the company, from 10.18% or 377.7 million on May 27. The counter has plummeted over RM1 or 62.42% from May 25, when the audit issue was first revealed to the investing public. Serba Dinamik’s share price sank to a new low of 60.5 sen today, falling 3.5 sen or 5.47%, valuing the group at RM2.24 billion. The two parties have been selling shares in the company, although Serba Dinamik’s share price has fallen sharply. Kumpulan Wang Persaraan (KWAP) has trimmed its stake to 4.53%, after selling 26.18 million shares between May 31 and June 1. Meanwhile, Employees Provident Fund (EPF) also sold 617,800 shares on the same day, according to company filings.ĮPF is the second institutional fund that has sold shares after the audit issues. The latest filing to Bursa Malaysia shows Awang Daud had on Thursday (June 10) sold 4.3 million more shares in Serba Dinamik, which was in the limelight after its external auditor KPMG raised audit discrepancies to the tune of RM4.54 billion in late May. KUALA LUMPUR (June 11): Serba Dinamik Holdings Bhd co-founder Datuk Awang Daud Awang Putera, who stressed he is confident in the company’s prospects, sold more shares.
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