30% capped per day, first day should be 0.245 from 0.35... but i dont think bursa will allow resume trading at the moment

Big fund company behind to support, 300million MYR transacted. I wonder who is behind scene

150million share are queuing, dont try your luck and gambling this share first. Losing 30% per day is not a joke. Drop is easy, but climb back will take few month or years.

Many listed co. are funding for loan repayment, that is worst, mean they cant even sustain to make loan payment by using business income. At least, now they didnt, future who know....

They need money for the business expansion, funding with shareholder mean no interest / financing cost involved. Just that many holder putting negative prospects on their new development.

We had 18month past history record to check, who is still making money during lock down and covid pandemic. ARB are continues striking profit during that hard period. For me, i will avoid those hotel, leisure, travelling related share at the moment. Next monday will be another blood day.

Realized as total loss for my holding, start from zero and move on to others counter... Dont waste time and frustrate everyday.

Get my ass ready for total loss.

why SD make thing so complex.
Is like you are student, and you sue discipline teacher because he lecturer you about your mistake.

Hope SD know what they are doing now, even if Bursa open back SD share, it will jump down another half or more, and more Force Selling drama will come.

Yes, i am in tremendous anxious now.


Quoted from the-edge-markets
While the drama plays on, Serba Dinamik’s minority shareholders are bound to be an anxious lot as they have no way to assess the true situation at the company.

Originating Summons (OS) is one of the two modes in commencing a civil action. An action is commenced by an OS when (1) it is required by a statute or (2) a dispute, which is concerned with matters of law, is unlikely to be any substantial dispute of fact. An Originating Summons may be in Inter partes or Ex-parte of the Rules of Court.



OS is heard based on affidavits filed in support. OS cases are heard by registrars or judges in chambers or in open Court. A judicial decision is made by hearing the lawyers and assessing the affidavits filed either in support of or in opposition to the OS. Witnesses may be called to give testimony and pre-trial conferences may or may not be conducted.



An application can be made to convert an OS into a Writ at any stage of proceedings. Alternatively, the Registrar or Judge can decide to convert an OS into a Writ without any application from the parties. Once the decision to convert has been made, the steps relating to a Writ applies. The Registry will assign a new Suit Number to the proceedings and a pre-trial conference will be called for the service of the Statement of Claim.




Saman Pemula (OS) adalah salah satu daripada dua cara dalam memulakan tindakan sivil. Tindakan dimulakan oleh OS apabila (1) ia dikehendaki oleh statut atau (2) pertikaian, yang berkenaan dengan perkara undang-undang, tidak mungkin menjadi sebarang pertikaian fakta yang ketara. Saman Pemula mungkin dalam Inter partes atau Ex-parte Kaedah-Kaedah Mahkamah.



OS didengar berdasarkan afidavit yang difailkan sebagai sokongan. Kes OS didengar oleh pendaftar atau hakim di dalam kamar atau di Mahkamah terbuka. Keputusan kehakiman dibuat dengan mendengar peguam dan menilai afidavit yang difailkan sama ada menyokong atau menentang OS. Saksi boleh dipanggil untuk memberi keterangan dan persidangan pra-perbicaraan boleh dijalankan atau tidak.



Permohonan boleh dibuat untuk menukar OS kepada Writ pada mana-mana peringkat prosiding. Sebagai alternatif, Pendaftar atau Hakim boleh memutuskan untuk menukar OS kepada Writ tanpa sebarang permohonan daripada pihak-pihak. Setelah keputusan untuk menukar telah dibuat, langkah-langkah yang berkaitan dengan Writ terpakai. Pejabat Pendaftaran akan memberikan Nombor Saman baharu kepada prosiding dan persidangan pra-perbicaraan akan dipanggil untuk penyampaian Penyata Tuntutan.




原诉传票 (OS) 是提起民事诉讼的两种模式之一。当 (1) 法规要求或 (2) 与法律事项有关的争议不太可能是任何实质性的事实争议时，操作系统会启动诉讼。原诉传票可以是双方当事人或法院规则的单方当事人。



OS 根据提交支持的宣誓书进行审理。 OS 案件由书记官长或法官在内庭或公开法庭审理。司法决定是通过听取律师的意见并评估支持或反对 OS 的宣誓书做出的。证人可能会被传唤作证，审前会议可能会或可能不会举行。



可以在诉讼的任何阶段申请将操作系统转换为令状。或者，书记官长或法官可以决定将 OS 转换为令状，而无需各方提出任何申请。一旦做出转换决定，与令状相关的步骤即适用。书记官处将为诉讼程序分配一个新的诉讼编号，并将召开预审会议以送达索赔声明。

I used to be have faith with SD, now if share market open, my first step is sell out all share to cut this shit

just publish the SIR when got it, then let Bursa reopen share market, market will justify your share price value. Legal action is not a good choice especially everything still in unknown stage

Damn, this counter really roller coaster... cant take it anymore

I no hope on Good SIR, at least neutral SIR will be good enough for me, and have space to improve their management structure. Banking trust is most important as they need further financing for their deficit cashflow and future project, if SIR is bad, then is end of story.

Yes, EY also mentioned there is few more "issue" need further clarify and surely it need more time, and SD boss wanted to uplift the suspension asap to avoid further "market untrust" of SD share.

Personally thinking, releasing SIR much much more important and gain back the trust from market. I no want everyday guessing this and that, tired.

Foresee next week SD share will uplift from suspension without SIR release.
My "Insider News~~~~~~Paper" said they are on negotiation process to get the approval

Audit issue is just main concern is confirming the debtor office address, and get debtor acknowledge the audit confirmation. Damn it take ages to complete and verify???

From KPMG to EY, still want to deploy Deloitte and PWC to verify? Common....

Just now many "Insider News", where is it now? Live Streaming?

How come everyone seem have their insider news...

There is huge support from 0.21 to 0.22, but if one or two more huge sell, support will brokedown, dont take the risk first. Go for REIT market

Why not they rent a jet fly to middle east client site and get them sign, bring auditor jln2 site also??? Billion of MYR share capital vanished, the amount can buy multi units of super jet.

Good to hear SD continues suspended, i no want like SCIB 2hour 30% burned... Now no matter how SIR report much at least neutral (dont put hope on favor SIR anymore)

One more thing, i will support Bursa decision to suspended SD, eventually it help minority shareholder to avoid behind unforseeable transaction and get con. If SD share open now, it will fly to longkang immediately

For those owned SD share, think careful when you hold SCIB also. Critical time now, and play safe

Pearlwhite, if what you mentioned is true, then this suspension should will drag until SIR report release then only re-open back, to prevent ppl highjack this mother share...

Train to Busan or Rocket to Mars

Mostly in this room are holding SD share, including me. I can feel what anger what you all had. Why boss disposed all warrant during this critical time. The reason can be few

1. Warrant exercise price is too high, unless SD revised it, if not RM0.1 and RM 0.05 warrant price make no different. Current point of view is WA nearly toilet paper, if for me, i will do the same thing cash out to help mother share (or keep it in my bank).

2. Follow by No.1, why wanted to push mother share IF SIR favour to SD. Something smell no good for me. Perhaps is ready bullet wait for SIR release and use that to stabil the mother share.

Anyhow, my 70% of my saving investment are in SD. Even I know today will have huge losses but i still keep SD with me. Hopefully next week there is GOOD news to help us all.

Is just my 2cent poor advise, take it or leave it. No against to anyone.

https://www.msn.com/en-my/money/stockdetails/ownership/kls-serbadk/fi-alai5r?ownershipType=institutional

Price movement sometimes quite huge is due to many big shark day-trade, anyhow SD currently is hot topic in market. Long term investor should ignore it, dont panic

they cannot comment good or bad else will get invitation by SC. Looking at her news update, forecast is BULLISH type. Important is 3rd quarter result and SIR, if this two is good news, then price will be at another level

before final SIR release, the share price increment got its limit. Now wish SIR favour to SD, and clear all doubt asap. That time can to the moon

i been long wait and support SD, hope SIR dont fail us - sound from minority shareholder with loyal