Company look good but no new investor??

sell at 13 cents..better than 0.5 cents..

Karim already given notice of intention to deal during closed period on the 5/5 in anticipation for the opening on 9/5. Looks like a big LD coming with Karim the first one to dump.
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sure dump?? or force to sell by enter the sell que so that new investor will take over??

maybe big institutions expect all current major shareholders release their shares and will takeover by diff entities..
hope Sarawak govt had interest on this co..

Wen trade resume? Take too long the process..just takeover the co from current ownership and charge them for fraudulent..

Agreed on suspension earlier notice..they need to protect investor..

Wen trading open again? Look like SC or higher authority try to flush current mgmt and replace with new buyer..

Wen resume trading?? Too long to get the result of SIR..what for waiting answer from SD..auditor should release its own finding to public..

Can but need to ignore business with international co like UAE..too many scam cases there..
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Serba Dinamik sasar kembali pulih dalam tempoh dua tahun

Still suspended????

Serba still got chance..just change the management and govt agencies or maybe Sarawak govt co takeover..

Weird the conclusion still not final for debtor balance..is it exist or not?? Hope SIR conclude that..

Good to have profit again..but i believe many from oversea that still hard to collect..

Still got hope for bond payment unless it is clear that debtors never exist..that the big issues for auditor bcoz they also afraid being treated as cheater during taxation..another issues on payable using unknown entity..this is small issues by treat it as a must added back item for taxation in view of auditor but not for shareholders..

Serba still can survive..only 3 billion auditor said were fake..another 3 billion should be ok..govt need to takeover and save investor..

AlsvinChangan,

3 billion not confirmed..so, can be wrong or right..all 3 billion i believe from oversea operation..weird EY as partner for Block 7 investment also cannot provide certainty of revenue existence..

InvestorKing, hope ur point correct..probably want Karim and current mgmt out and govt will takeover beside want low share price..

Zonescorp will be happy bcoz no need to pay on the project WIP..hope Federal or Sarawak govt takeover and maintain public listing to protect shareholders..

Serba management will be in court for producing false report to Bursa..hope our money safe..

Problem only happened at UAE project..still cannot verified??

Our fund still locked?? Almost 6 months in SD..hope fund can get back..

De Leeuw one of the consultants..
Auditor never check with them??

https://www.deleeuwinternational.com/projects-region/abu-dhabi/

https://www.zawya.com/mena/en/story/De_Leeuw_appointed_as_the_consultant_for_Block_7_Abu_Dhabis_new_Innovation_Hub-ZAWYA20211005095525/

EY is the partner of Block 7 Investment but still cannot confirm on genuinely of the project..weird?? Phone number is there to contact for confirmation..what kind of game in Malaysia that lead to suspension being drag too long..

My opinion, can do faster since EY exist globally..just confirm project existence or WIP..to recognise bad debt due to unpaid isnot logic bcoz project still new..

when resume?? still cannot release report??
not sure why auditor hard to release result..Block 7 investment still ongoing..now can see EY as partners..

look at the news, Serba Dinamik via Efire still related to this project..

from :- https://www.block7investments.com/event/new-innovation-hub-to-come-up-in-abu-dhabi

Abu Dhabi: ZonesCorp, one of the largest operators of purpose-built economic zones in the United Arab Emirates has signed an agreement with Block 7 Investments, a joint venture between EFIRE Capital Holdings Limited of Abu Dhabi and Serba Dinamik Holdings Berhad of Malaysia, that will see the development of the Block 7 Innovation Hub in the heart of the Industrial City of Abu Dhabi (ICAD).

The new development caters to key sectors like healthcare, computer science, robotics, mobility, renewable energy and sustainable advance materials. Block 7 is designed to function as a breeding ground for innovation driven industries with ultra-modern infrastructure, robust services, and a unique setup that links intelligent living space leveraging ZonesCorp’s existing manufacturing ecosystem and serves as a platform for tech start-ups.

The development of the Block 7 Innovation Hub will take advantage of ZonesCorp’s Advanced Manufacturing Cluster, a leading regional manufacturing hub that will also service the biopharma, environmental technologies, mobility, and ICT sectors amongst others.

Spread over 820,000 square metres, it will also include a host of dedicated IT facilities, smart office complexes, exhibition centres, as well as retail and entertainment spaces.

The agreement was signed by Mohamed Al Khadar Al Ahmed, Chief Executive Officer, ZonesCorp, and Dato’ Dr. Ir. Mohd Abdul Karim Bin Abdullah of Block 7 Investments LLC as part of a ceremony hosted at ZonesCorp’s headquarters, in the presence of Abdullah Al Hameli, Head of Industrial Cities and Free Zone Cluster at Abu Dhabi Ports.

“The announcement of the Block 7 Innovation Hub development in the Industrial City of Abu Dhabi marks a key milestone in the emirate’s progressive efforts to position Abu Dhabi as a world-leading hub for innovation,” said Al Hameli .

“In line with the leadership’s vision to foster a sustainable economy driven by innovation, the Innovation Hub’s promise of intelligent living will complement Abu Dhabi’s industrial strength and create numerous opportunities for coming generations of youth to venture into some of the world’s most transformative industrial fields.”

“Leveraging ZonesCorp’s growing industrial ecosystem, this project will not only deliver ground-breaking concepts and solutions for the benefit of the global manufacturing industry, but will also showcase how we can combine technology, innovation, and the human element within a single environment,” said Mohamed Al Khadar Al Ahmed, Chief Executive Officer, ZonesCorp.

Small loss after always in profit..hope bcoz of adj from past performance..

Interfund,

Issued raise by KPMG related to Block 7 investment revenue..this project received by SD on April last year..if debtor balance can be confirmed, SD will get green light on revenue..otherwise, KPMG will assume revenue is not correct..i'm afraid EY got same result bcoz some landlord only want to pay after project completed..they will not confirmed the debtor balance since it will indicate they need to pay that amt to Serba..maybe they afraid of LD that they can claim..

still not in trading?? not fair to investor..

Need to remember SD still got 3 billion genuine revenue..the prob only on revenue came from UAE..hope problem can solve soon..

3 billion problem, another 3 billion should be ok..why take very long to verify report?? Hate to wait then EY said same opinion with KPMG..still cannot verified debtor's balance where as their duty is to make sure debtor's balance confirmed true or not..

If not, Serba still can wake up again..just accept the fate international business especially with UAE got a lot of scam tactic..if UAE cheat, just follow Zelan path..

They got lots of project but happened this way..hope govt Sarawak takeover this good company and forget about international project especially those involve with UAE govt..Zelan got good lesson dealing with UAE..lucky got compensation..

Suspend can leads to LU..hope it happened several times until reach $1..

Fsx123,

If they won sue case against KPMG, all the damage done need to be paid by them..

Good corporate restructurings..

I think 30 cents area will be supported price..hope can get good dividend bcoz my fund stuck too long here..

Always same result..

Tired looking same price for more than 1 month..

Boring..always same price..

Too long at this price area..another counter already in big move..

How operator want to increase price if too many bilis queue sell??

Too many bilis holder..maybe operator afraid to push price bcoz many selling activities will happened..

Quite stable this week..still in waiting games..

Huge block of buy queue..
Probably a good signal for those wanna join at discounted price..

Weak holders will release their shares..
With current situation without good/bad news, stock should be stagnant but operator prefer to put the price down a bit day by day to flush weak holders..

After many bilis CL, I believe shares will be jump again..so, better stay strong if already purchase at higher price..

New director still not being appointed..this will make the price jump a bit higher..

Uncle_Lim,

Monday up?

Without good news, operator playing flushing games for weak holders..

Sometimes when got many new small buyer, operator will play their heart for few days..hope not longer..

With announcement, tomorrow can reach 50 cents..director also waiting good price to enter again..

Another operator game here..

Serbadk should get support from Sarawak govt..the big issue is on long term debt..if project at Abu Dhabi failed, ensure that Serbadk got the compensation like Zelan did..

Day by day play investor heart..
Must have strong heart to stay..

Stable at 0.445/0.45..

Probably operator setting at this price waiting for new news..if too low, they will incurred losses on waiting..