The High Court at Kuala Lumpur had today (7 February 2022), delivered its judgment in  respect of the suit by Bursa Securities against SERBADK and ordered SERBADK to make an  immediate public announcement of the Factual Findings Update on the Special Independent  Review as at 30 September 2021 (“Factual Findings Update”), within 2 market days from  the order. The High Court also struck out SERBADK’s application to expunge the findings  from Factual Findings Update from the records.  

Bursa Securities wishes to re-iterate that listed issuers must make immediate public  disclosure of any material information under the Listing Requirements to ensure all investors  are well informed of and are given equal access to material information in order to be able  to trade on equal footing. Bursa Securities will continue to discharge its statutory duties to  uphold and maintain an orderly and fair market.