Even KPMG do not dare to straight out issued an adverse opinion

U dare jump d gun??

U must provide ratios

Cooking d book since 2013

Hv not been able to collect payments since 2013 but still able to survive till todate

U must provide ratios

Oso....

2013

Have not changed

Have not changed since 2013


Tat means Karim had started cooking d books since 2013?

Operated wit modus operandi since 2013


Since 2013 yet Serbadk is still around in fact thriving all ths years

8 years cooking the books?

Karim says has said so on record



I hv not changed since day 1 how come all of sudden u don't recognize me anymore??

How come all previous years audited financial statements were cleared but not this year when everything remains the same??

How come suddenly u don't love me anymore??

How come KPMG???


"As far as we are concerned, we have not changed our business structure materially since the initial public offering (IPO) in 2017 and have worked with KPMG, whose auditors are familiar with our operations, since 2013







Serba Dinamik group managing director and group chief executive director Datuk Dr Ir Ts Mohd Abdul Karim Abdullah in a statement said the management has taken prompt action to address the matters much earlier prior to the announcement made to Bursa Malaysia on 25 May 2021.

"As far as we are concerned, we have not changed our business structure materially since the initial public offering (IPO) in 2017 and have worked with KPMG, whose auditors are familiar with our operations, since 2013

U hv started off wrong

U must provide ratios

Sex firms?

U think KLSE....

KLSE = Kuala Lumpur Sex Exchange

WOW QES d BEST!!

No verification and certification of the materials on site by independent professionals such as QS/Architect/Engineer ??


KPMG found the addresses of ths QS/Architect/Engineer same Karim's house address??

iyoyo u don't know anything cannot simply post

As suspected u don't know how to do it

Since u spending time

To do proper one

Don't just put absolute figures put in some ratios such as trade receivables credit period... trade payables credit period... stocks holding period... acid test ratio...etc etc etc

How to verify stocks at site?

Stocks at site

Is tis tat difficult to verify?

Wit d likes of FOXCONN interested why sell cheap?

DNEX is kacang putih to d likes of FOXCONN

RM 1 = 1 quarter US$

Dirt cheap

Collaboration wit Applied Engineering is for QES to delevop its own range of products under manufacturing segment

QES the BEST!!!

NIKON

My take

It is very likely to b an ethical problem on Karim part

NOT a FINANCIAL problem for Serbadk

I say SUE KPMG!!!!

To shake hands n comprise?

No 2x LD wat does tis mean?

65% KPMG is wrong?

35% Karim is wrong?

Cannot be like tis

Sue KPMG

If nothing has changed meaning current situation has been in existence since day 1
KPMG should hv stopped Serbadk before it started to rise

KPMG has victimized a lot of Serbadk investors who hv relied on it to ensure things r ok

KPMG has failed Serbadk investors big time

Malaysia government is suing KPMG to recover its loss due to 1MDB

Likewise shareholders of Serbadk can sue KPMG for letting Serbadk to rise ie to let Serbadk to rise previously n suddenly pull d rag now when Serbadk has not changed

If KPMG is right in 2020

Then KPMG were wrong from 2013 to 2019

KPMG has dug a big deep grave for itself

Karim says has said so on record



I hv not changed since day 1 how come all of sudden u don't recognize me anymore??

How come all previous years audited financial statements were cleared but not this year when everything remains the same??

How come suddenly u don't love me anymore??

How come KPMG???


"As far as we are concerned, we have not changed our business structure materially since the initial public offering (IPO) in 2017 and have worked with KPMG, whose auditors are familiar with our operations, since 2013







Serba Dinamik group managing director and group chief executive director Datuk Dr Ir Ts Mohd Abdul Karim Abdullah in a statement said the management has taken prompt action to address the matters much earlier prior to the announcement made to Bursa Malaysia on 25 May 2021.

"As far as we are concerned, we have not changed our business structure materially since the initial public offering (IPO) in 2017 and have worked with KPMG, whose auditors are familiar with our operations, since 2013

U r being silly

Per SD 2019 AR those suppliers customers tat KPMG is doubting now already in existence


i3lurker dun be silly
you are not in kindergarden anymore.
Or rather I was not born yesterday, dunno about you though...........

name of supplier is the same as last year but is the Beneficial Owner still the same?

Posted by OrlandoOilSemiconT > May 30, 2021 12:23 PM | Report Abuse

No nid KPMG itself is in trouble

KPMG had cleared 2019 SD accounts whc Karim says has d same customers same suppliers same circumstances

KPMG is contradicting itself

Investment funds who hv relied on KPMG 2019 report to invest can sue KPMG till mother cannot recognize

30/05/2021 12:27 PM

Implicating itself KPMG has a dig a grave for itself

Right is KPMG wrong is KPMG

If KPMG 2020 is right

Thn KPMG 2019 n prior were wrong

Simple as tat

No nid KPMG itself is in trouble

KPMG had cleared 2019 SD accounts whc Karim says has d same customers same suppliers same circumstances

KPMG is contradicting itself

Investment funds who hv relied on KPMG 2019 report to invest can sue KPMG till mother cannot recognize




joyvest Whoever takes over as the next auditors is better to increase their professional indemnity insurance cos they will be susceptible to be sued for negligence if they don't address to the irregularities in a professional manner.

Given the circumstances of the irregularities, any other auditors would adopt the same approach as KPMG as KPMG has duly complied with the auditing standards and generally acceptable auditing standards.

30/05/2021 12:14 PM

Hope KPMG is very clear abt n had clearly stated wat kind of evidences r accepted to it since Karim had replied yet it is like cannot decide (taking so long yet no reply)

KMPG itself must b very very clear on to wat extend d evidences must be (smoking gun? red handed?) to be acceptable

At d moment d points raised by KPMG irself appear to b circumstantial (tat is it has no direct evidences of wrong doings or stuff should b impaired)

Don't u go spoil BDO good name!!!

If Karim has no case SD is in d wrong do u think Karim dares to appoint a 2nd independent auditors to verify?

Do u think BDO wil collude wit Karim to say no problems now tat SD is in spotlight??

Why dare to appoint a 2nd auditors?

Because berani kerana benar

Should no change auditors

Karim should see this thing thru

Odd is against KPMG

KPMG has caused Karim to b judged "guilty" before it can prove so

Hope KPMG is very clear abt n had clearly stated wat kind of evidences r accepted to it since Karim had replied yet it is like cannot decide (taking so long yet no reply)

KMPG itself must b very very clear on to wat extend d evidences must be (smoking gun? red handed?) to be acceptable

At d moment d points raised by KPMG appear to b circumstantial (tat is it has no direct evidences of wrong doings or stuff should b impaired)

Looking at it KPMG "proofs" of issues r no stronger thn Karim proofs of no issues

Hope KPMG is very clear abt n had clearly stated wat kind of evidences r accepted to it since Karim had replied yet it is like cannot decide (taking so long yet no reply)

KMPG itself must b very very clear on to wat extend d evidences must be (smoking gun? red handed?) to be acceptable

At d moment d points raised by KPMG appear to b circumstantial (tat is it has no direct evidences of wrong doings or stuff should b impaired)

Side bet side bet

Since so many say karim fault

Place your bet

KPMG's fault... 1 pay 50 sen

It is procedural KPMG staff constraint rather than stuff tat affect true n fair

KPMG no longer has d reach jz jaguh kampung

KPMG at fault

IB? Dont u get me started

IBs 1st thing cover their ass without details straight away cut TB by 30 40% ???

Malaysia KPMG has cut staff force til can no longer do audit further than Kuantan?

Malaysia KPMG is a shadow of its previous self post 1MDB fiasco

Blame bossku not take it out on Karim

So we hv expanded far n wide

KPMG if u can't keep up is our fault??

Karim

In d next announcement to list ALL d matters (don't think issues) raised FULL disclosure wit a caveat PENDING FURTHER VERIFICATION

Good or bad disclose them

Investors hate uncertainty

Karim says it is d auditors fault

I hv not changed since day 1 how come all of sudden u don't recognize me anymore??

How come all previous years audited financial statements were cleared but not this year when everything remains the same??

How come suddenly u don't love me anymore??

How come KPMG???


"As far as we are concerned, we have not changed our business structure materially since the initial public offering (IPO) in 2017 and have worked with KPMG, whose auditors are familiar with our operations, since 2013







Serba Dinamik group managing director and group chief executive director Datuk Dr Ir Ts Mohd Abdul Karim Abdullah in a statement said the management has taken prompt action to address the matters much earlier prior to the announcement made to Bursa Malaysia on 25 May 2021.

"As far as we are concerned, we have not changed our business structure materially since the initial public offering (IPO) in 2017 and have worked with KPMG, whose auditors are familiar with our operations, since 2013

It is a good thing SilTerra is producing low tech old chips

Avoid direct competition wit d bid boys whc SilTerra cannot win

Wit d emergence of EV SilTerra found its niche tis is wat Foxconn wanted SilTerra for

Wit d like Foxconn showing interest u know u hv correctly put ur money on DNEX