share price and volume does not correlate...

doesn't means no high volume price cannot increase...

good to have high volume if selling activities superseded, price still drop!

also, its does not need billions transactions a day for a share price to increase.

Are you saying PNB, Sarawak Gov, Public Mutual, AIA etc is noob as they still holding SDK shares?

Are you saying foreign fund did not sell other Malaysian bluechips counter?

Are you saying, you just follow buta buta where EPF and KWAp park money, only then you buy?

KWAP cabut, you cabut, EPF cabut you cabut?

;)

its not the volume determine high price, its the buy and sell activity

once Pak Karim able to gain the trust, MORE people shall BUY and HOLD longer, less selling activity, volume gonna drop eventually, BUT share price gonna UPs bcoz more people BUYING!

invest101 :)

Serbadk till TOPpers share being traded by volume from all listed counter despite all issues affecting nations, being latest UMNO treatens to pull from the governmen.. its means SDk counters is on high interest. whatever STEP taken by Pak Karim will determine share price movement.

you do not say other counter did not drop in share volume didn't you?

Better you ask which counter is the TOP volume for almost 2 week in a rows? answers is SDK of course.

Now SDK share price in UP TRENDING, just create a new HIGH-LOW 0.44, goes UP to 0.455

UP trending shall continue Monday onwards, taking effect of the new INEDs and while waiting IR results by EY which going to be announce anytime next week onwards.

Rather than you think negative/pessimist/hate, better join the RIDE and ENJOY!

Haha
MORE good news is COMING,
Good for Pak Karim...

https://focusmalaysia.my/new-ineds-to-firm-up-serbas-internal-controls-and-risk-management/

https://www.theedgemarkets.com/article/1mdb-and-msian-government-sue-kpmg-partners-us564-billion

https://dagangnews.com/kpmg-disaman-kerajaan-buktikan-serba-dinamik-bukan-melangkah-sumbang-7264

https://www.airtimes.my/2021/07/09/3-57-bilion-unit-didagangkan-saham-dinamik-tutup-tinggi-minggu-ini/

https://focusmalaysia.my/serba-some-progress-made-while-awaiting-other-significant-developments/

___________________

what potentially happen next week till end of July

+'ve step taken by Pak Karim
IR is EY : market rebound positively, from 0.32 - UP to 0.545
INEDs is completed : 0.44 - up to 0.465

IR results gonna out within this week or next week (positive catalyst)
Appointment of new external auditor before end July (another great catalyst)

IR results gonna out
Audited account gonna out by Oct

another possible outcome:
Director Share BUY back
Emerging new major shareholders

in the meantime, LETs RIDE and be HAPPY,

you can wait and get nothing
pessimist will always be there
haters is there
lowballer always there

Haha
MORE good news is COMING
Pak Karim have made a GOOD step to bring back SDK to its GLORY (1.60)

Have you chip in? Blockbuster show is coming...
Monday onwards

https://focusmalaysia.my/serba-some-progress-made-while-awaiting-other-significant-developments/

Some progress made while awaiting other significant developments
1-1 minutes 7/10/2021
Conclusion

It is good that the SIR has been appointed and the independent directors’ composition at the board level has been replenished.

What minority shareholders are now looking forward to are:

The announcement of an indicative date when the SIR Report will be finalised;
The announcement of the findings in the SIR Report as soon as they are available;
The announcement of the audited financial statements before the Oct 31 deadline.
Devanesan Evanson is the CEO of the Minority Shareholders Watch Group.

The views expressed are solely of the author and do not necessarily reflect those of Focus Malaysia.

--------------------------------

Haha MORE good news is coming...
a catalyst..

IR is EY
INEDs is completed

IR results within 3rd/4th week JUL
New External Auditor by end JUL

share BUY back by Pak Karim & team
Emerging of new major shareholder
Audited Acc by Oct

while waiting, lets ENJOY the RIDE,
have you got the TICKETS?

https://www.airtimes.my/2021/07/09/3-57-bilion-unit-didagangkan-saham-dinamik-tutup-tinggi-minggu-ini/

no need to jump the gun,

bursa/sc play their role,
SDK too taking step to rectify
kpmg can clear their name in the court
IR results will be out
New auditor will be out end July
Audited account is on Oct deadline

if you are too confident with your finding about SDK acc go make a report to regulator on behalf of other shareholder..a police report will do

don't you?

if not this can be deem more responsible, action by minority shareholders watch group:

https://focusmalaysia.my/serba-some-progress-made-while-awaiting-other-significant-developments/

wonder why some naysayer say want to "save" people from buying SDK shares, doesn't do the same to other worst counter, zero fundamentals, straight loss more than 5 years, never pay any dividend and purely goreng. and they are too many out there...

YET they still here, advising bilis, to BUY their sceptic idea..

Ermmm....motive?

Trending Now - Hot Stocks Today
Stock Name or Company

HOT STOCKS TODAY (updated 10 July)

Rank Stock Name Company Score*
1 SERBADK SERBA DINAMIK HOLDINGS BHD 1000
2 TOPGLOV TOP GLOVE CORP BHD 674
3 SUPERMX SUPERMAX CORP BHD 465
4 ASDION ASDION BHD 393
5 DNEX DAGANG NEXCHANGE BHD 309
6 HIGHTEC KUMPULAN H & L HIGH-TECH BHD 267
7 CMSB CAHYA MATA SARAWAK BHD 206
8 GENTING GENTING BHD 204
9 TENAGA TENAGA NASIONAL BHD 204
10 AIRASIA AIRASIA GROUP BHD 198
11 MAYBANK MALAYAN BANKING BHD 196
12 PBBANK PUBLIC BANK BHD 191
13 QES QES GROUP BHD 182
14 PHARMA PHARMANIAGA BHD 175
15 HARTA HARTALEGA HOLDINGS BHD 149
16 CAREPLS CAREPLUS GROUP BHD 148
17 SEDANIA SEDANIA INNOVATOR BHD 147
18 JAKS JAKS RESOURCES BHD 144
19 GENM GENTING MALAYSIA BHD 139
20 GENETEC GENETEC TECHNOLOGY BHD 136
21 MYEG MY E.G.SERVICES BHD 134
22 PELIKAN PELIKAN INTERNATIONAL CORP BHD 131
23 INARI INARI AMERTRON BHD 130
24 COMFORT COMFORT GLOVES BHD 114
25 WIDETEC WIDETECH (MALAYSIA) BHD 114
26 KPOWER KUMPULAN POWERNET BHD 113
27 KOSSAN KOSSAN RUBBER INDUSTRIES BHD 110
28 AXREIT AXIS REAL ESTATE INVESTMENT TRUST 109
29 FRONTKN FRONTKEN CORP BHD 108
30 AT AT SYSTEMATIZATION BHD 102
Last updated: Jul 10, 12:28 PM

* Note 1: Stock trends are derived from a number of activities related to the stock, each given a weightage and score. The activities contributing to stock scores include:
Searches on a stock
News & blog posts covering a stock
Price target for a stock
Announcement on a stock
Stock entitlement (bonus, dividend, split, consolidation)

* Note 2: The scores are normalised to have maximum score of 1000. Stock with the highest score has the most activities in the past 2 days

Ekonomi – Air Times News Network

written by M.Daim15-19 minutes

3.57 bilion unit didagangkan, saham Dinamik tutup tinggi minggu ini

KUALA LUMPUR, 9 Julai – Sebanyak 3.57 bilion unit saham Serba Dinamik didagangkan pada minggu ini.

Jumlah ini adalah kedua tertinggi untuk tempoh sebulan.

Sebanyak 4.11 bilion unit saham Serba Dinamik pada minggu lalu.

Pada minggu ini, saham Serba Dinamik meneruskan peningkatan tren kenaikan harga semenjak 30 Jun lalu.

Selain daripada itu, saham Serba Dinamik dilihat mula memecahkan trend penurunan yang berterusan semenjak 1 Jun.

Hari ini saham Serba Dinamik ditutup pada harga 45.5 sen, peningkatan sebanyak 4.5 sen (11.13%) selepas dibuka pada harga 41 sen pada Isnin lalu.

Harga Serba Dinamik terus melonjak ke julat tertinggi iaitu 54.5 sen sebelum mengalami penurunan sementara (retracement) pada 7 Julai dan 8 Julai.

Semenjak 1 Julai lalu, pelbagai perkembangan positif dapat dilihat pada Serba Dinamik.

Pada minggu lalu, Serba Dinamik telah mengumumkan pelantikan Ernst & Young sebagai penilai bebas terhadap dapatan audit KPMG.

Isnin lalu, Pengarah Urusan dan Ketua Pegawai Eksekutif Kumpulan Serba Dinamik Holdings, Datuk Dr Abdul Karim Abdullah menegaskan pihak syarikat sedaya upaya memulihkan keadaan dan meyakinkan para pelabur serta pemegan syer syarikat.

Serba Dinamik kemudiannya telah memberi jawapan balas kepada Bursa Malaysia di mana mereka akan melantik syarikat audit untuk menggantikan peranan KPMG pada akhir Julai ini.

Selain daripada itu, Serba Dinamik turut melantik dua pengarah bebas bukan eksekutif baharu syarikat. Mereka ialah bekas Ketua Pengarah Cawangan Khas, Datuk Seri Mohamed Farid Abu Hassan dan pengarah bebas bukan eksekutif AIMFLEX Berhad, Siti Zaleha Sulaiman.

Pelantikan kedua-dua individu ini dilihat akan memacu keyakinan pelabur berdasarkan latar belakang profesion mereka. Tambahan pula, Zaleha merupakan bekas Ketua Pengurusan Risiko Korporat di Bursa Malaysia.

Pun begitu, COVID-19 dan perkembangan politik dalam negeri dilihat telah menimbulkan sentimen berhati-hati di kalangan pelabur Bursa Malaysia. Ini dapat dilihat dalam kejatuhan FTSE Bursa Malaysia KLCI (FBM KLCI) ke paras 1,514.37 – yang merupakan terendah sejak 18 November 2020.

Pekembangan ini secara tidak langsung memberi impak kepada kaunter saham Serba Dinamik.

Walaupun begitu, para pelabur dilihat begitu yakin dengan prestasi Serba Dinamik dengan melihat prestasi syarikat itu pada tahun-tahun sebelum.

Selain daripada itu, mereka turut menanti beberapa perkembangan positif baharu yang dijangka akan memacu sentimen serta kenaikan harga saham. – airtimes.my


-------------------------------------
Haha
MORE news is coming,
wait for the GREAT one...

BUY on FEAR,
Sell on News/Happiness

Invest101

Take calculated risk,
Your money, your call,

Just do not merely speculate, which you yourself didn't know the truth YET!
Do no put a cart before the the horse,
do not PUT a verdict before judgement,

everyone entitle for a free opinion (its cheap)

SDK have done great in the past,
SDK is the darling of the BURSA before,
SDK Keep doing good present and future,
Karim entitle the benefits of doubt,

SDK have PUT +'ve step to END this SAGA
either you believe or not, Pak Karim is paying HIGH PRICE to bring SDK back to its GLORY,
track record is what we looking for...

What have you done?

MORE great news to come...

HAHA...
meantime enjoy the SHOW, enjoy the RIDE

https://dagangnews.com/kpmg-disaman-kerajaan-buktikan-serba-dinamik-bukan-melangkah-sumbang-7264

Serba: Some progress made while awaiting other significant developments

4-5 minutes 7/10/2021

By Devanesan Evanson

1. The Special Independent Review (SIR)

SERBA Dinamik Holdings Bhd has recently appointed Ernst & Young Consulting Sdn Bhd (EY) to conduct a special independent review (SIR) to assess the accuracy and veracity of the matters raised by the resigning external auditor KPMG PLT. This is a step closer to resolving the issues highlighted by KPMG.

The minority shareholders are expecting two announcements: one on the indicative date for the finalisation of the SIR Report and the other, of the findings in the report.

Serba Dinamik must liaise with EY to arrive at the indicative date when the Report is expected to be finalised. This date should be announced as soon as possible.

It should not take too long for the company to announce an indicative date as it is presumed that EY has the cooperation of the outgoing auditor, and this cooperation would provide EY with some visibility on the indicative date.

The findings in the SIR Report must also be announced promptly to shareholders.

2. The appointment of new auditors

With the resignation of KPMG as the statutory auditor for Serba Dinamik, the company is in the process of identifying a new auditor. As announced on July 6, Serba Dinamik had already submitted request of proposal for provision of external audit to international audit firms.


Devanesan Evanson

The company has also requested a meeting with the Companies Commission of Malaysia (SSM) for a consultation in relation to the appointment of external auditors pursuant to Section 272 of the Companies Act 2016.

Section 272 states that if a public company fails to appoint an auditor, the registrar may appoint an auditor upon the application in writing by any member of the company.

Serba Dinamik has announced that it targets to appoint the new auditor by end-July 2021 and will make immediate announcement upon the finalisation of appointment of the new auditor.

In May 2021, Serba Dinamik changed its financial year end from Dec 31, 2020 to June 30, 2021. The appointment of the new auditor – in a timely manner – is essential for Serba Dinamik to meet the looming Oct 31, 2021 financial reporting deadline for its 18-month financial period ended June 30, 2021.

That deadline is less than four months away. To-date, two weeks have lapsed since the resignation of KPMG. Hopefully, the SIR Report which should be completed well before the Oct 31 reporting deadline will facilitate the timeliness of concluding the statutory audit.

The statutory audit is an important shareholder protection process under the Companies Act 2016. It is the independent opinion of an independent party – the auditor – directed to the shareholders on the truth and fairness of the financial statements.

Not meeting the timeline for the audited financial statements will be perceived by minority shareholders as a huge red flag. Time is of essence.

3. The appointment of new independent directors (IDs) on the board

On June 25, five IDs resigned. Four IDs resigned, citing differences in opinion over the company’s decision to take legal action against KPMG while another ID resigned citing “personal commitment”.

Within two weeks, on July 7, the company appointed two new IDs. They are former Bursa official Siti Zaleha Sulaiman and ex-police officer Datuk Seri Mohamed Farid Abu Hassan.

With these new appointments, Serba Dinamik’s board now comprises four IDs or 50% of total board composition. With that, it has applied Practice 4.1 of the Malaysian Code on Corporate Governance (MCCG) which states at least half of the board comprises independent directors.

Conclusion

It is good that the SIR has been appointed and the independent directors’ composition at the board level has been replenished.

What minority shareholders are now looking forward to are:

The announcement of an indicative date when the SIR Report will be finalised;
The announcement of the findings in the SIR Report as soon as they are available;
The announcement of the audited financial statements before the Oct 31 deadline.
Devanesan Evanson is the CEO of the Minority Shareholders Watch Group.

The views expressed are solely of the author and do not necessarily reflect those of Focus Malaysia.


____________________________________________

leave the sceptic, tell what they believe
opinion is cheap, fact is expensive
they don't even dare to chip IN, but keep barking
they just wanna play BLAME game, accuse without "PROVE", cowardly act of speculator

Haha GOOD news is coming,
MORE to come,
and IT will surely come...

SDK will rise stronger!

now suddenly, what a good performance SDK did past 5 year, non stop giving divided to all share holders, being question, as IF all the good accountant/superbanker/auditor/HNW/institution/etc that have vetted SDK account before all wrong...

'they all have been cooked" say the naysayer

"i am the only smart person on the earth" according to me.

ME ; errrmmm, pity Pak Karim, again victim of so called "genius-speculator"

;)

i think I just get to know more meaning of the words "speculator"

Pity Pak Karim....a victims of this so call "genius speculator"....indeed many of them


-----------------------


Steady Punpipi SDK is indeed a victim of speculation !


https://klse.i3investor.com/m/blog/maliklapid/2021-06-27-story-h156705...

Good info from both side..
kpmg/sdk/haters/supporters etc..

end of the day
BILIS-UNITED shall decide...

our-money, our call
everythix shall start with calculated risk
knows our limit & boundaries

opinion is free, fact is what we wants

Its still TOO early to PUT a judgement or verdict
time will decides who is the REAL WINNER

just before the SAGA ENDs...
Pak Karim entitles to PUT his version, to BUY our "trust"
SDK shall make a BLOD step to END this, he is paying a HIGH PRICE for this

succeed OR not? Lets ENJOY the RIDE

WE are the one, IN the ENDs, will make the FINAL verdict...

Haha MORE good news to come..

Serba finds itself having upper hand against former external auditor

3-3 minutes 7/9/2021

FOR the first time since it decided to file a civil suit against its former external auditor KPMG PLT on June 22, Serba Dinamik Holdings Bhd feels truly vindicated that it has made the right decision.

Not only that odds of sorts were stacked against the global integrated oil & gas (O&G) outfit given that it is taking on a Big Four accounting firm, skeptics poured cold water on the company’s decision that it does not stand a fighting chance against the accounting giant.

Out of the blue today, the tide is turned in favour of the underdog, so to speak, with the Government of Malaysia, the Ministry of Finance Inc (MoF Inc), 1Malaysia Development Bhd (1MDB) and its various subsidiaries having filed a US$5.64 bil (RM23.64 bil) suit against 44 partners of KPMG Malaysia during the time the firm was 1MDB’s auditors.

This will be KPMG’s second legal case in less than a month after Serba Dinamik filed a legal suit against its former external auditor on grounds of professional negligence, breach of contract and breach of statutory duty.

“KPMG’s reputation and credibility are at risk of being ruined following the latest legal suit against them by the Malaysian Government,” chairman Datuk Mohamed Ilyas Pakeer Mohamed told FocusM.

The outspoken Mohamed Ilyas also took a further swipe at KPMG: “That’s the reason why we described them as shop lot auditor. I know many people angry with my statement but now people can see clearly what I meant to say is true after all.

The Malaysian Government et al suit against KMG entails alleged breaches of contract and negligence in the audit and certification of 1MDB’s financial statements for financial year March 31, 2010 (FY2010), FY2011 and FY2012.

KPMG was eventually sacked as auditor after it refused to sign off the FY2013 accounts.

In the statement of claim sighted by The Edge Markets, the plaintiffs said that between 2009 and 2014, some US$5.64 bil had been misappropriated from 1MDB and its related subsidiaries to the benefit of former premier Datuk Seri Najib Razak and his associates or nominees.

Of the US$5.64 bil, a sum of US$3.197 bil was misappropriated during the three financial years when KPMG was the auditor, namely FY2010, FY2011 and FY2012.

At today’s close, Serba Dinamik firmed 1.5 sen or 3.41% to 45.5 sen with 311.16 million shares traded (the day’s most actively traded stock), thus valuing the company at RM1.7 bil. – July 9, 2021

------------------------

the SAGA shall continues...

Haha

MORE GOOD news to come,

Wait for another GOOD blockbuster show from SDK counter next Monday onwards till END of JULY till external auditor been APPOINTED...(SDk most active cinema from JULY till TODAY)

have you GUYS go the TICKETS? do not wait longerrrrrr

participate and enjoy the movie...

What WILL you do when someone accuse you something that you did not do?

OR Someone have tarnish you GOOD names?

remain silent? just follow?

OR take what ever action you think, can CLEAR back your name?

some will predict KPMG is right,

SOME will side on SDK ......

The SAGA shall continues...

BUT we are here just to MAKE some decent PROFIT, don't WE?

Jgn jadi PAK NUJUM.....wait for more GOOD news to COME...

in the means time, ENJOY the price movement....DON'T WE?

sorry, i am not here to "gossiping" ;)

sometimes out of concern just did some sharing, and out of boredom reading all good,/bad/ nonsense and smile

feel free to share what you believe, I am here not to debate or antagonize anyone

:)

some say it can down to 0.20, but NO, it stop at 0.32
the it UP till 0.545, the lowballer/pessimist/critic stunt and keep quiet

it went down again, they gone crazy again, and stop at 0.44, still this people hope it goes back below 0.30 which never happens

folks...SDK just did a new HIGH-LOW, which it +'ve,
its a ZIZ-ZAG move....do not say you did not know,
invest101,

and remember, EY already start their JOB, and IR results will be out next 1-2 week most,
which I am pretty sure, ITS GOING TO BE BIG +'VE news,

a wait for a FINAL week JULY, another BIG catalyst gonna OUT,
External AUDITOR been appointed,
BIG 'BOOM' to SDK.

Either you are on Pak Karim side OR NOT,
you know this SDK counter can MAKE profit out of price movement,

DO NOT DENY, something which you also can participate,

Ermm Pak Karim have strategize soo WELL,
to bring back SDK to its GLORY,

What STEP have you TAKE other than JUST barking...
Erm pity for you guys...(may be some of you just bising, but BUY senyap2)

I have made SOME, have YOU?

Haha MORE GOOD news coming...

(1MDB Watch) The government of Malaysia, its Ministry of Finance Inc (MoF Inc), 1Malaysia Development Bhd (1MDB) and various subsidiaries have filed a US$5.64 billion suit against 44 partners of KPMG Malaysia during the time the firm was 1MDB’s auditors.

CONFIDENT OF WIN

https://themalaysianreserve.com/2021/07/05/serba-dinamiks-group-md-confident-of-winning-legal-case-against-kpmg/

https://www.airtimes.my/2021/07/05/seerba-dinamik-yakin-mampu-pulihkan-kepercayaan-para-pelabur/

https://dagangnews.com/serba-dinamik-saman-kpmg-atas-dakwaan-cuai-6757

Wait for the FINAL verdict...BUT at least Pak Karim dare to take action to clear Serbadk GOOD name...

do not say auditor CANNOT make mistakes

THEY are human too!

https://www.theedgemarkets.com/article/1mdb-and-msian-government-sue-kpmg-partners-us564-billion?type=malaysia&fbclid=IwAR1YBqxcVAdeSSchjsT8P0jxt9kZXZUCIOtLmDUiqdu3taqHppyxFLwrPUU

Kerajaan Malaysia, 1MDB saman 44 rakan kongsi KPMG RM23.62 bilion | Dagang News
4-5 minutes
KUALA LUMPUR 9 Julai - Kerajaan Malaysia dan 1Malaysia Development Bhd (1MDB), antara lain telah memfailkan saman ke atas 44 rakan kongsi KPMG Malaysia bernilai sekitar RM23.62 bilion atau AS$5.64 bilion, semasa firma itu menjadi juruaudit 1MDB.

Turut memfailkan saman itu adalah Menteri Kewangan Diperbadankan (MKD) dan beberapa anak syarikat lain atas tuduhan KPMG melanggar kontrak dan cuai dalam proses audit dan perakuan ke atas penyata kewangan 1MDB bagi tahun kewangan 31 Mac, 2010 (FY10), FY11 dan FY12.

Sebagai rekod, pada bulan lalu, KPMG turut ‘dilayangkan’ tindakan saman oleh Serba Dinamik Holdings Berhad atas dakwaan telah cuai dalam mengaudit penyata kewangan syarikat minyak dan gas itu sehingga menanggung kerugian hampir RM5 bilion dari segi permodalan pasarannya.

Baca : Serba Dinamik saman KPMG atas dakwaan cuai
Plaintif lain terdiri daripada 1MDB Energy Holdings Ltd (1MEHL), 1MDB Energy Ltd (1MEL), 1MDB Energy (Langat) Ltd (1MELL), dan Global Diversified Investment Company Ltd, sebelum ini dikenali sebagai 1MDB Global Investment Company Ltd.


Mereka diwakili oleh Tetuan Shearn Delamore, sekali gus menjadi pemfailan saman kedua yang dikemukakan oleh firma guaman itu.

Dalam satu pernyataan tuntutan yang difailkan oleh Shearn Delamore, pihak plaintif mendakwa kira-kira RM23.62 bilion telah disalah guna oleh 1MDB dan anak syarikat yang berkaitan untuk kepentingan bekas Perdana Menteri, Datuk Seri Najib Razak dan rakan sekutu atau penamanya.

Wang yang digelapkan itu didakwa berlaku antara tahun 2009 hingga 2014, menurut theedgemarkets.com yang telah membaca pernyataan tuntutan itu.

Daripada jumlah itu, sebanyak kira-kira RM13.39 bilion atau AS$3.197 bilion didakwa telah digelapkan dalam tempoh tiga tahun kewangan semasa KPMG menjadi pengaudit 1MDB iaitu pada FY10, FY11 dan FY12.

Untuk rekod, KPMG telah dipecat sebagai pengaudit 1MDB selepas firma itu enggan menandatangani akaun FY13.

Pada awalnya, Ernst & Young (E&Y) didakwa dilantik sebagai pengaudit akaun 1MDB sebelum KPMG, namun gagal untuk melakukan demikian kerana kekurangan bukti audit yang cukup berhubung nilai saksama dan kebolehpulihan pelaburan 1MDB dalam usaha sama (JV) awal yang diwujudkannya.

1MDB didakwa telah memeterai JV dengan PetroSaudi International selepas memperoleh sejumlah RM5 bilion Nota Islam Jangka Sederhana (IMTN).

Wang sepatutnya disalurkan kepada syarikat JV berkenaan iaitu 1MDB PetroSaudi, namun sekitar RM2931.25 juta atau AS$700 juta didakwa telah disalahgunakan untuk Good Star Ltd, iaitu sebuah syarikat yang dikendalikan oleh Low Taek Jho.

Menurut laporan itu lagi, pada September 2010, Najib telah mengarahkan supaya E&Y disingkirkan sebagai pengaudit berkanun 1MDB, dan seterusnya KPMG pula dilantik.

Berbalik kepada saman yang difailkan kepada KPMG, plaintif mendakwa bahawa tidak ada satu pun transaksi penipuan dan penyelewengan yang dilakukan di bawah arahan Najib serta dilaksanakan oleh pengurusan ketika itu dibangkitkan oleh KPMG semasa menjadi pengaudit 1MDB.

Sehubungan itu, pihak plaintif menuntut RM23.62 bilion dari KPMG, hasil dana yang disalahgunakan sebanyak AS$1.83 bilion (sekitar RM7.66 billion) dari PetroSaudi JV, AS$1.367 bilion (sekitar RM5.72 bilion) dari 1MDB kepada Aabar British Virgin Islands (BVI) untuk deposit keselamatan.

Selain itu, nilai saman berkenaan turut melibatkan jumlah penyelewengan sebanyak AS$1.59 bilion (sekitar RM6.66 bilion) dari hasil bon 1MDB Global Investment Ltd kepada Dana Pelaburan Luar Negara, penyelewengan AS$856,317 juta (sekitar RM3,585.83 juta) dari hasil dua sindiket pinjaman berterma yang diperoleh oleh 1MEHL kepada Aabar BVI dan Aabar Seychelles.

Pada bulan Mei, 1MDB juga telah memfaikan sebanyak 22 saman sivil kepada pelbagai pihak. - DagangNews.com

https://www.thestar.com.my/business/business-news/2021/07/09/asdion-plunges-nearly-40-to-435-sen-at-midday

New INEDs to firm up Serba’s internal controls and risk management

3-4 minutes 7/8/2021

SOME awful events are bound to happen regardless of how hard people try to prevent it from happening. Happen they will but have faith that after the dark clouds have passed, blue skies will show up.

Such account perhaps befits Serba Dinamik Holdings Bhd after its world was turned upside down following the damning flagging of certain accounting matters pertaining to its FY2020 statutory audit by its former external auditors KPMG PLT.

With 72% or RM4.3 bil of its market capitalisation already been wiped out to-date, re-building confidence of investors ‘from scratch’ is not an easy task. Paying lip service alone will not do the job as investors only want to see physical action, so to speak.

Having appointed two new independent non-executive directors (INEDs) yesterday (July 7) – just days after cementing its hiring of Ernst & Young Consulting Sdn Bhd (EY) as special independent reviewer – the next big challenge for the global integrated oil & gas (O&G) outfit is to finalise the appointment of a new external auditor by end of this month.

In the meantime, Serba Dinamik has assured its investors and stakeholders that yesterday’s (July 7) roping in of two new INEDs is a precursor “for more changes that are already in the pipeline”.


Datuk Mohamed Ilyas Pakeer Mohamed
“The board is in the midst of spearheading the strengthening of internal controls and risk management as businesses within the Serba Dinamik group is getting bigger,” chairman Datuk Mohamed Ilyas Pakeer Mohamed told FocusM.

“This could potentially lead to an overhauling of the entre management to bring about efficiency that is crucial to reduce operational cost, thus enhance savings and the company’s bottom line.”

To re-cap, Serba Dinamik appointed two INEDs yesterday (July 7) in Datuk Seri Mohamed Farid Abu Hassan, 62, and Siti Zaleha Sulaiman, 57.

Mohamed Farid last served as a Special Branch director with the rank of Commissioner of Police prior to his retirement in June this year while Siti Zaleha was former Bursa Malaysia’s head of corporate risk management (February 2013-April 2016) as well as INED with AIMFLEX Bhd (October 2020-present).

In congratulating and welcoming both INEDs on board, Mohamed Ilyas said their appointment is very critical to Serba Dinamik in order to restore the confidence of not only the shareholders but also external stakeholders in the likes of market regulators (ie the Securities Commission and Bursa Malaysia).

“Both INEDs will also function as part of the audit committee and also oversee governance and risk matters within Serba Dinamik,” he pointed out.

On a separate note, Mohamed Ilyas also revealed that EY has commenced its work yesterday (July 7) to assess the validity and veracity of the matters highlighted by the former external auditors KPMG.

At the close of today’s trading, Serba Dinamik shed 4 sen or 8.33% to 44 sen with 370.02 million shares transacted (the day’s most actively traded stock) amid a bearish stock market sentiment clouded by political uncertainties and unabating COVID-19 infection rate. – July 8, 2021

waiting 2.5

in the SEA of RED counters....SDK shall be the main focus!!!!

ME ROKET NOW!

ACT!

now all the SCEPTIC GONE for awhile...

ERMMMM...

what a GOOD DAY for ME!

haha SDK BOLEH!

GREEN started....NO turning back!

65% BUY rate is the BEST in the SEA of RED today...

HAHA, those who ACT shall get their rewards soon!!!

GREEN is on its way...
BUY interest is HIGH

TODAY will be SDK day!

Past SDK announcement on 3 INEDs on 13 JUN,
Share rebound +0.21 form 0.54 way up to 0.75 (38%) on 14th JUN
Thats how happy the market was...
with Vol of 1.2B transacted

HOPE market will react the same TODAY!

there is always two side of a coins

pessimist vs optimist
con vs truth
low-ballers vs real

to know the future
learn from the past

SDK past is great
SDK is here to became a market leader, and they are a market leader
SDK is BAU
with great fundamentals and financial

there will always a hiccups, only noobs will say otherwise
that we call "challenges"

IR will be in July
Audited will be in Oct
Since Feb 2017 SDK never fails to IMPRESS their LOYAL shareholders
be convince, the will do it, and maintain the same

only the real investors know, not the opportunist
in every price point lies a great opportunity

Pak Karim have made its "right" STEP
IR is EY
INEDs is completed
New auditors will be end July
No more force selling
Waiting for BUY back
Waiting for emerging new major shareholders
have WE?

or we just barking, and complaining rather THAN ACT?
from 1.60 down to 0.32
Now on uptrends 0.48

BUY call is when people is FEAR
SELL is when people is HAPPY

every traders know what in it ahead
May the FORCE be with Bilis-UNITED

ACT! you shall be happy ;) rewards is coming..

Haha MORE news to COME....

SDK never afraid of the truth
SDK follow as per regulator instructed
SDK have proven in the past with solid fundamentals
SDK have never miss giving dividend in the past
SDK have been cooperating well with KPMG in the past

Pak Karim in the right step to put SDK back on its glory
One small step at a time
IR and Audited account is in the making...

Now IR is EY
New fire power INEDs is completed
New Auditor is end of July

Share BUY back in its way
new emerging shareholder in its way
No more FORCE selling

SDK business is BAU, all over the world

Now is the right time for us to act
Our money, our call
Calculated risk is the essence of invest101

BUY on fear
SELL on happiness

there gonna be always the doubters
Haters will be there
pessimist gonna be there
Low-ballers will always be there

ACT now, WE shall reaps the reward SOON
Bilis-UNITED

Good morning folks..
ready for the SHOW 9AM?

https://www.theedgemarkets.com/article/serba-dinamik-names-former-bursa-official-and-expolice-officer-new-independent-directors


http://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E3%80%90%E4%B8%96%E9%9C%B8%E5%AE%A1%E8%AE%A1%E7%96%91%E4%BA%91part73%E3%80%91%E5%89%8D%E6%94%BF%E6%B2%BB%E9%83%A8%E6%80%BB%E7%9B%91%E5%8F%97%E5%A7%94%E4%B8%96%E9%9C%B8%E7%8B%AC%E7%AB%8B%E8%91%A3%E4%BA%8B

Former Director of Political Department Appointed as Independent Director of Shiba

_____________

NEWs spreading fast, well covered
Tomorrow gonna BOOM again

RECAP : SDk Strength

Serba Dinamik kekal peserta penting sektor minyak, gas

Syarikat itu bukan sahaja memainkan peranan penting dalam industri, malah banyak perkhidmatannya dianggap kritikal bagi operasi yang dijalankan oleh pelbagai pemain industri minyak dan gas dalam pasaran antarabangsa.

Seorang pemerhati industri berkata kepada Bernama, sebarang gangguan kepada perkhidmatan Serba Dinamik, bukan hanya kepada pelanggan tempatan malah pasaran antarabangsa, boleh menjejaskan banyak operasi projek minyak dan gas di seluruh dunia.

Ini dibuktikan melalui aset terbesar syarikat, iaitu pengalaman luas dan kehadirannya yang kukuh di 20 negara, disokong oleh tenaga kerjanya sebanyak 2,000 orang merentasi semua segmen operasi, dengan pangkalan vendor dan pembekal berjumlah 770 syarikat.

https://www.bharian.com.my/bisnes/korporat/2021/06/825511/serba-dinamik-kekal-peserta-penting-sektor-minyak-gas

WELL DONE Pak Karim!!
market needs you...

Steady Punpipi Spot on I will Q at 0.78 tmr morning

-----------------

lets rejoice the happy moment soon :)

Just to recap

on 13th JUN when 3 new INEDs been appointed,
SDK shares rebound by +0.21 on 14th JUN

that's how happy the market was..
tomorrow?

......just BUY and HOLD tight
the rewards is coming ;)

IR by EY : DONE
2 fire power INEDs : DONE
Bilis-UNITED buying: DONE
New Auditor appointment : End July

Share BUY Back : in its way
Emerging of ne major shareholder : in its way

IR results : By July
2020 Audited : Oct

Final Verdict?


Its our own call
Our money
Take the right step, BUY & HOLD
Pak Karim did his part...

BUY on rumors and fear
Sell on news and happiness

Invest101...

haha MORE GOOD news coming

https://www.thestar.com.my/business/business-news/2021/07/07/serba-dinamik-appoints-two-new-independent-directors

Serba Dinamik appoints two new independent directors

2-2 minutes 7/8/2021

KUALA LUMPUR: Serba Dinamik Holdings Bhd has appointed the former head of risk management at Bursa Malaysia Bhd and a retired senior police officer as independent board members.

-------------------------------

haha MORE to come...

With new INEDs appointed, Serba to focus on external auditor search next

Cheah Chor Sooi3-4 minutes 7/7/2021

SERBA Dinamik Holdings Bhd has completed its search for ‘replacement’ independent non-executive directors (INEDs) a day earlier than expected.

While FocusM got the number (two individuals) and gender (one man and one woman) right, it nevertheless erred in predicting the date of announcement which was earlier than the expected “Thursday” (tomorrow or July 8).

Well, as the saying goes, it’s always better to be early than late. The duo are Datuk Seri Mohamed Farid Abu Hassan, 62, and Siti Zaleha Sulaiman, 57.


Datuk Seri Mohamed Farid Abu Hassan
Mohamed Farid who holds a Masters in Social Science (Strategic and Security Analysis) from Universiti Kebangsaan Malaysia last served as a Special Branch director with the rank of Commissioner of Police prior to his retirement in June this year.

Having served a period of 42 years in various capacities within the Police Force, Mohamed Farid had also attended relevant security and intelligence courses in the US, UK and Australia.

Siti Zaleha who holds a MSc (Computer Science) from the University of Miami (in the US) is also a certified professional in enterprise risk management from the Institute of Enterprise Risk Practitioners Malaysia.


Siti Zaleha Sulaiman
She was former Bursa Malaysia’s head of corporate risk management (February 2013-April 2016) as well as INED with AIMFLEX Bhd (October 2020-present);

Both Mohamed Farid and Siti Zaleha will fill the void of independent directors on Serba Dianmik’s board after five of its INEDs resigned on June 24, including recently appointed Masleena Zaid.

The two remaining INEDs on the company’s board are Datuk Mohamed Ilyas Pakeer Mohamed (who is also the chairman) and Johan Mohamed Ishak.

Apart from Masleena, the other four old guards had cited differences in opinion that they had with the decisions made by the board which in their views were not to the best interest of the company, as reasons for their departure.

They were Tengku Datuk Seri Hasmuddin Tengku Othman, 59; Hasman Yusri Yusoff, 60; Rozilawati Basir, 50; and Sharifah Irina Syed Ahmad Radzi, 44.

With the latest development and after having cemented the appointment of its special independent reviewer in Ernst & Young Consulting Sdn Bhd (EY) last Friday (July 2), Serba Dinamik can now focus on the hiring of its new external auditor to replace KPMG PLT which resigned from the role on June 24 by end-July.

In a Bursa Malaysia filing yesterday, the company said it had submitted the request of proposal for provision of external audit to international audit firms on June 27.

Meanwhile, Serba Dinamik’s share price retraced to close 3 sen or 5.88% lower today to 48 sen after three consecutive trading sessions in the green (July 2, July 5 and July 6).

Its share volume also shrank to 311.29 million shares in tandem with bearish market sentiment which saw the FBM KLCI retreated 1.48 points (by almost 7 points at one juncture). – July 7, 2021

https://focusmalaysia.my/with-new-ineds-appointed-serba-to-focus-on-external-auditor-search-next/

-----------------------------------------------

TOLD YOU SO!
HOLD ON TIGHT!

More to come!

so many sceptic
soo many pessimist

its your money,
your call

do not let low-ballers deceived you!

CLAP Pak Karim
Another step
Another right direction...

MORE to come

Market observer: Serba Dinamik’s share price retraced; upside still intact

Cheah Chor Sooi2-3 minutes 7/7/2021

AMID a bearish market sentiment as evident by the FBM KLCI slipping 6.11 points or 0.4% at the mid-day break, it is inevitable that Serba Dinamik Holdings Bhd succumbed to profit taking activity after having displayed strong rebound to close in the green for three consecutive sessions (July 2, 5 and 6).

The trend is perceived as a healthy consolidation phase given the global integrated oil & gas (O&G) outfit has ‘awakened’ from its historical low of 30.5 sen on June 30 to test the 54.5 sen level yesterday before ending the trading session at 51 sen for a 2.5 sen or 5.15% gain.

“Some profit taking activity can be seen after Serba Dinamik posted a strong rebound of late but on the overall, an upside is very much intact,” a market observer who is familiar with the company told FocusM.

At 3.06pm, Serba Dinamik was down 1.5 sen or 2.94% to 49.5 sen with 202.65 million shares traded, thus valuing the company at RM1.84 bil. The stock has been trading at a range of 49 sen and 52 sen thus far today (July 7).

On the corporate front, Serba Dinamik expects to hire a new external auditor to replace KPMG PLT which resigned from the role on June 24 by end-July after having submitted the request of proposal for provision of external audit to international audit firms on June 27.

With that development and after having cemented the appointment of its special independent reviewer in Ernst & Young Consulting Sdn Bhd (EY) last Friday (July 2), Serba Dinamik has reiterated its decision to appoint new independent directors to its board soonest to oversee its full corporate governance function.

“The board has finalised the two names – that of one man and a woman – who are both experienced individuals and subject matter experts in governance and integrity and risk management,” a source close to the top management told FocusM yesterday (July 6).

“Both names are very important to Serba Dinamik in order to enhance and strengthen its board composition. This is definitely a good sign to restore confidence of shareholders. The management has nothing to hide and will allow its independent directors to protect the interest of its shareholders at all cost.” – July 7, 2021

https://focusmalaysia.my/market-observer-serba-dinamiks-share-price-retraced-upside-still-intact/

-----------------------------------------

Ermmmm....new INEDs
a MAN?
& a WOMAN?
keep guessing unitl tomorrow announcement...

until then, HAPPY holding...keep it tight..HOLD TIGHT!

MORE to come...

Ekonomi – Air Times News Network

written by M.Daim14-18 minutes

Artikel fitnah di klse.i3investor.com: Malaysia Airports buat laporan polis

SEPANG, 7 Julai – Malaysia Airports Holdings Berhad (MAHB) telah membuat satu laporan polis berhubung artikel fitnah yang disiarkan di portal klse.i3investor.com.

Pihak MAHB dalam satu kenyataan berkata, artikel bertajuk “MOH sold, and Malaysia for sale? MYEG Bhd sponsored the BP Healthcare & MAHB COVID-19 scam endorsed by DG Tan Sri Noor Hisham Abdullah?” adalah tidak benar dan mempunyai niat jahat.

“Artikel yang ditulis oleh pengguna bernama ‘VirusInMOH’ telah melakukan tuduhan tidak berasas terhadap MAHB,

“Penulisan tersebut turut mempunyai unsur serta niaat untuk merosakkan reputasi serta integriti pihak MAHB,” katanya.

Menurut MAHB, pihaknya turut mefailkan aduan kepada Suruhanjaya Komunikasi dan Multimedia Malaysia.

“Kami turut mengeluarkan notis kepada pemilik portal untuk memadamkan artikel tersebut,

“Selain daripada itu, kami turut meminta pemilik klse.i3investor.com untuk berhenti dari membuat sebarang kenyataan berhubung artikel tersebut,” tegasnya.

MAHB menambah, pihaknya memandang serius isu ini kerana ianya menjejaskan imej syarikat di mata masyarakat dan juga pelabur.

Tinjauan AirTimes mendapati artikel tersebut gagal diakses dan dipercayai telah dipadam.

Kejadian ini merupakan kali kedua laporan polis dibuat terhadap klse.i3investor.com dalam tempoh 2 minggu.

Sebelum ini, pihak Serba Dinamik telah membuat laporan polis terhadap portal tersebut kerana menyiarkan artikel berunsur fitnah yang melabel syarikat tersebut sebagai Skim Ponzi.

Tidak lama selepas laporan polis dibuat, penulis artikel, Uncle_Tan telah menyiarkan permohonan maaf beliau terhadap Serba Dinamik. – airtimes.my

critic says about audit rules, believed on kpmg
but critic put verdict before real judgement
they put up their version of stories
keep analyses until paralyze

lets regulator plays theirs roles
lets auditors old/new play their roles

lets Pak Karim put his side of stories
strong fundamentals co and awesome track record

IR results will come out soon
Audit report will out soon too

WE too play our roles
do not be too NAIVE

our money, our call
take calculated risk

lets enjoy the RIDE
whilst take some decent profit

there's opportunities in every unique situation

WE bilis united is the real judge!
until then lets sailingggg...

haha MORE to come

"Secara keseluruhannya, pasaran pagi ini didagangkan agak negatif, dengan kaunter rugi sebanyak 253 mendahului kaunter untung sebanyak 145"

sabar itu indah ;)

HOLD and stay tune

SCIB KPOWER have recovered UP!
SerbaDK is coming....

its another GREEN day!

until INEDs announcement tomorrow!

Enjoy the happy moment ;)