yeah... i wonder if there is a new management could solve this one. maybe, because they are the one who will made a good decision
Posted by Riaz1954 > Dec 30, 2021 2:37 PM | Report Abuse
I wonder if Serba is a going concern? With clients and suppliers pulling out can’t see how this can be? I wonder if staff have been paid? No news on BAU activities. No one with brains would enter into any contract with this company ..unless new management is appointed.
Im pretty sure you can read the latest news right. EY is working on auditing this company. In process means still ongoing and still not fully bad enough. Got more stuff to cover up?
Posted by leno > Dec 22, 2021 11:17 AM | Report Abuse
u cannot convert a bond into share of FRAUD company. U need court order, bursa and sc permission and all this u need to present the AUDITED account. Sudah 24 months sebak got no audited account. No audited account mean cannot tok kok on share consolidation mar. Right ?
True, I dont even think that any drastic changes will happened tho.
Im pretty sure they can keep this good
Posted by BobAxelrod > Dec 20, 2021 9:01 PM | Report Abuse
Bondholders are in no hurry to pull the trigger just yet and are even hopeful to collect more coupon repayments. The name of the game is the longer and later the default, the better the coverage from CDS swaps.....
Posted by GrtTrdr > Dec 16, 2021 3:56 PM | Report Abuse
I 4 1 agrees 100% with what SD has done since audit issue raised..
Because : If SD is my company that i have built with my blood sweat and tears.. And I have selected and paid the auditor to audit me.. I would do the same.. terminate the auditor immediately and go from there..