The Board of Directors ("the Board") of Serba Dinamik Holdings Berhad ("the Company”) refers to the Company's announcement made on 14 June 2021 in relation to the appointment of independent reviewer to assess the accuracy and veracity of the matters highlighted by the Company's former external auditors, KPMG PLT.

The Company wishes to announce that the Board has formally appointed Ernst & Young Consulting Sdn. Bhd. (formerly known as Ernst & Young Advisory Services Sdn. Bhd.) (“EY”) as the special independent reviewer to assist the Board in undertaking the special independent review. This decision is on the back of discussion held between the Company and Bursa Malaysia Securities Berhad ("Bursa Malaysia") where EY is fit for the engagement as they are a reputable “Big 4” firm of auditors. 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 (“the Directive”).

The scope of works of the special independent review comprising the following where the same has also been reviewed and approved by Bursa Malaysia:

This announcement is dated 2 July 2021.