KLSE (MYR): SERBADK (5279)
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Ann. Date | Date | Type | Name | Title | View |
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Scammer Karim....I try not being racist....but u see this case and the penalty on it. I will say there's no reason why MYR keep dropping. Anwar should do something on alll crooks
1 month ago
Serbadk has been lying right from the day they
were listed... it's a perfect lie that was well planned with a lot of wayang to win your confidence.
1 month ago
Final day. Still no progress, whole Malaysia need to blacklist karim, his family and group to join any Corporate Institution
2 weeks ago
Sedang menuggu pengumuman Bursa untuk menyahsenarai Serba jika tiada kuda putih yang sudi mengambil alih operasi Serba. Bulan Jun Serba perlu mengumumkan regulasi pelan untuk keluar dari PN17 dan kita akan tahu dengan lebih lanjut dan kesudahanya.
1 week ago
There has been clear-cut criminal document faking in causing the downfall of Serba Dinamik Berhad on Bursa KLSE:
1. **Audit Discrepancies**: The crisis began with KPMG, Serba Dinamik's external auditor, identifying discrepancies in the company's financial statements. KPMG flagged over RM 4.54 billion worth of transactions that were unverified, indicating potential misreporting or fraud.
2. **Regulatory Investigations**: Following KPMG's findings, the Securities Commission Malaysia (SC) launched an investigation into Serba Dinamik. The SC's probe was aimed at determining the accuracy and validity of the company's financial disclosures and documents.
3. **Legal Actions and Charges**: In November 2021, the SC charged Serba Dinamik, its CEO Datuk Dr. Mohd Abdul Karim Abdullah, and several other executives with submitting false information to Bursa Malaysia. These charges imply that documents submitted by Serba Dinamik to the stock exchange were intentionally falsified.
4. **Impact on Shareholders**: The financial irregularities and subsequent investigations led to a severe loss of confidence among investors. This loss of confidence was reflected in the plummeting share prices, eroding substantial shareholder value and leading to the company's downfall.
5. **Court Proceedings and Evidence**: The ongoing court proceedings and evidence presented further substantiate the allegations of document falsification. Testimonies and forensic audits are likely to reveal more details on how financial documents were manipulated.
6. **Corporate Governance Failures**: The case highlights significant failures in corporate governance within Serba Dinamik. The lack of internal controls and oversight allowed for the potential faking of documents to go unchecked for a considerable period.
7. **Repercussions on the Market**: The scandal has had broader implications for the Malaysian stock market, raising concerns about corporate transparency and accountability. It underscores the necessity for stringent regulatory oversight to prevent similar incidents in the future.
These points collectively demonstrate that the downfall of Serba Dinamik Berhad was precipitated by clear instances of criminal-cum-immoral document faking.
1 week ago
Jangan lah delisted.... duit burn macam tu jaa... kecewa aku dengan kaunter nie... padahal TA and FA semua menarik
1 week ago
Sslee - Please arrange to initiate the class action, we shall hold them accountable for their wrong doing, Serba top management, AG, media and the investment company who keep giving the BUY call signal to the investor
1 week ago
Kesudahannya akan diketahui tidak lama lagi. Bila kompeni gulung tikar yang ambik duit adalah creditors dan peminjam wang. Investor Bursa hanya ambik tulang tanpa daging atau isinya. Itu sudah semestinya. Harap maklum.
6 days ago
Duit billion billion masuk account Middle East. Di bumi tanah melayu bankrupt Saja company tak kisah pun. Janji duit Sampai Dubai
6 days ago
Any idea how the investor can recover the loss due to the company & the management falsified the Quarter/ Annual Report ? Or we can just watching the Malaysia Gov imposed a little fine toward the management and let them siphon the money and walk away ?
4 days ago
recover ?? Surely, you still can revenge, boss have other counter still running in bursa. good luck my friend
4 days ago
revisit this Serbak Tak jadi.. during their heyday.. i keep reminding people about the Director scam using warrant instrument... keep on issuing millions of warrant to himself ..but than, every week cashing on it !!
modus operandi .. claiming got billion dollar project, where else? ..non other than in the middle-east !!.. (sounds familiar eh? ..hehe).
It seems that.. all the kon-man keep on using middle-east project to skem people.. Serba tak Jadi, Sapula, and latest.. i would expect Sendu.
3 days ago
Finally delist. Conman continue enjoy life in Middle East with their billion billion money
18 hours ago
When I ask you sell, you all better sell like no tomorrow! Did you all know "Public Bank Fund" lost until..........please!?
12 hours ago
There will be more than 10 people filed police reports this weeks against due to delisting of this counter on June 5, they demand that Karim is the culprits on duping them to invest in Serba, if you are those that lose your money in serba , it's best for you to do so too...Filed a report and punish the board of directors and Mr.karim all together
7 hours ago
Yes. Include the makan rasuah ag and his prosecutor teams. Let get all those who betray the their duties by taking bribe check into sg buloh together
6 hours ago
Public Bank Bhd faced monetary losses related to its involvement with Serba Dinamik Holdings Bhd due to defaults on multiple financing facilities. Specifically, Serba Dinamik defaulted on several loans, with the Public Islamic Bank Bhd (PIBB) alone reporting unpaid debts amounting to RM14.1 million as of early 2023. As a result, Public Bank initiated legal proceedings to auction off several properties of Serba Dinamik to recover these debts. The properties were valued at RM14.63 million, and orders for their sale were obtained in April and June 2023
Posted by TheGardener > 5 hours ago |
....... Did you all know "Public Bank Fund" lost until..........please!?
6 hours ago
bye bye serbadk! once again.. ikan bilis got burned and fried, while the big jerung continue to swim freely..
4 hours ago
Sharks' fins and bilis on the same dining table to celebrate their successful con job.
3 hours ago
Another Bumi company success in delisting. That's why I very very hesitant to invest in Bumi companies. VERY VERY RISKY. This one joins Sumatec in Devy Jones Locker. RIP. I also lost money in Sumatec, the first Bumi company stock that I owned - sorry to bilis if they badly burned as well. Next time don't blindly follow 'Bumi this Bumi that'. Sometimes your greatest enemy is your own kind. Peace
3 hours ago
See the figs..Bagholders...
1 Individuals 42575
2 Banks 6
3 Private Co 198
4 Trust 5
5 Govt Inti 3
6 Nominees 17841
Total 60628
58 minutes ago
speakup
yup, just because Karim belong to the privileged race!
in malaysia, everything is about Race & Religion
1 month ago