PDT and IDSS of Serba Dinamik securities suspended

TheEdge Mon, May 09, 2022 09:20am - 2 years View Original


KUALA LUMPUR (May 9): The proprietary day trading (PDT) and intraday short selling (IDSS) of Serba Dinamik Holdings Bhd’s securities have been suspended for the rest of Monday (May 9).

In a special announcement, Bursa Malaysia Securities Bhd said the suspension is due to the last done price of the approved securities dropping more than 15% from the reference price.

The short selling under PDT and IDSS will only be activated the following trading day, Tuesday, May 10, 2022 at 08.30am.

Read also:
Selling on Serba Dinamik persists; volume swells to 545 million shares as share price touches 10 sen
Serba Dinamik plunges as much as 65.71% to new record low of 12 sen on resuming trading

Brokers demand cash upfront for purchase of Serba Dinamik securities

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