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Serba Dinamik liquidator sues KPMG over alleged audit negligence
KUALA LUMPUR (Aug 4): The liquidator of Serba Dinamik Holdings Bhd and its three subsidiaries has filed a civil suit against KPMG PLT, seeking at least RM1.56 billion (US$391 million) in damages plus interest for alleged negligence in the audits of the group between financial years 2016 and 2019. According to the statement of claim filed in the Sh
Amanah Raya unit sues Serba Dinamik, 12 others over RM100 mil investment loss
KUALA LUMPUR (Aug 5): Amanah Raya Bhd’s asset management unit, AmanahRaya Investment Management Sdn Bhd (ARIM), has filed a lawsuit against Serba Dinamik Holdings Bhd, now under liquidation, and 12 other parties over its RM100 million investment in Islamic Commercial Papers (ICPs) issued in May 2021. The suit, filed at the High Court on April 30,
AI is rewiring global trade but concentrating power in fewer hands
This article first appeared in The Edge Malaysia Weekly on August 3, 2026 - August 9, 2026 Save by subscribing to us for your print and/or digital copy.P/S: The Edge is also available on Apple's App Store and Android's Google Play.
Teo Seng takes home top prize at The Edge Centurion Club Awards for companies under RM1 bil
TOP HONOUR: Teo Seng Capital Bhd executive chairman Lau Jui Peng (third from left) after receiving the grand award of the night from Finance Minister II Datuk Seri Amir Hamzah Azizan (centre). On stage with them are (from left): CIMB Group Holdings Bhd co-CEO of group commercial and transaction banking Ahmad Shazli Kamarulzaman, The Edge Media Grou
Malaysia needs more small- and mid-cap firms to become national champions — Amir Hamzah
KUALA LUMPUR (Aug 4): Malaysia needs more small- and mid-cap listed companies to grow into national champions and regional leaders to strengthen the country’s capital market, Finance Minister II Datuk Seri Amir Hamzah Azizan said. In his keynote address at The Edge Centurion Club Awards 2026 on Tuesday, Amir Hamzah said the success of these compan
MNRB, Hartalega, Vantris Energy, Capital A, K-One, SNS Network, GFM, Formosa Prosonic & Vestland
KUALA LUMPUR (Aug 4): Here is a brief recap of some business news and corporate announcements that made the headlines on Tuesday: MNRB Holdings Bhd (KL:MNRB) is selling its takaful business, Takaful Ikhlas Family and Takaful Ikhlas General, to Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) for RM1.64 billion cash. The deal, currently under an im
