KUALA LUMPUR: Serba Dinamik Holdings Bhd has announced that Nexia SSY PLT has been appointed as its new external auditors.

       Nexia, Serba Dinamik said in a filing with Bursa Malaysia today, has received the professional clearance from KPMG PLT in accordance to Section 320 By-Law of the Malaysia Institute of Accountants.

       "The Board also wishes to announce that Nexia, which has given its consent to act as auditors of the company pursuant to Section 264(5) of the Companies Act 2016 via its letter dated Aug 3, 2021, has been appointed as the statutory auditors of the Company on even date," it added.

       KPMG has resigned as Serba Dinamik's external auditor on June 24 after Serba Dinamik filed a court action against KPMG.

       This was after KPMG raised issues with some of the oil and gas engineer firm's contracts and transactions. Serba Dinamik has rejected the concerns and has said it saw no issues with the existence or legitimacy of the contracts.