KUALA LUMPUR: Serba Dinamik Holdings Bhd has formally appointed Ernst & Young Consulting Sdn Bhd to undertake a special independent review of the audit matters raised by its former external auditors KPMG.

       "This decision is on the back of discussion held between the company and Bursa Malaysia Securities Bhd where EY is fit for the engagement as they are a reputable “Big 4” firm of auditors," it said in a filing today.

       "The appointment of EY is also made under the directive from Bursa Malaysia pursuant to paragraphs 2.23 and 2.24 of the Main Market Listing Requirements of Bursa Malaysia," it added.