All those that says this is a racial issue caused by DAP lah, don know what KPMG auditor is Chinese lah... remember this, EY auditor for SIR is a Malay, and now this Malaysian Trustees Bhd is also Malay led body, taking action on Serba.
Those lose money will use anything to justify their reasoning, and will use race or hidden hands or whatever to blame everyone.
So many opportunity to run but still waiting... waiting for Serba to go to RM0
IOT.. ERP… Nasdaq… 5G… Cloud… all buzzword just to throw their shares. Again, who are their clients in Thailand? Thailand only got 1 big city, Bangkok. So, who is the big client contributing so much to ARBB?
Now it is lenders fault for borrowing them money. Who faked the accounts? This karim and gang are weird, but weirdest are the supporters. This kind of logic also can believe. Lose money but dont go lose brain cells.
Alenac, yes, Malaysian Chinese also shun China company listed in Bursa. Going forward, bumi company can forget about listing in Bursa, valuation will be low, and even bumi banker will not want to lend them money, if so, rates will be higher. Thanks to Karim and gang. Save one person, destroy an entire community.
By next week when news show karim and gang sold their shares, then get ready for rm0.005 and then rm0 when backer liquidate serbaland. All supporters can go live in the new serbaland in tanjung rambutan
Those that think serba got value and some hidden hands secretly collecting it needs to wake up to reality. Most probably retailers averaging down, buying off big funds. Wake up and smell the whatever karim S on your food, Serba is going kaput soon. Next week you’ll see karim informing bursa he sold his shares due to margin or whatever bs like awang.
Serba value is zero. Just like how during the last week or brahim still got people averaging down hoping for miracle.
Some people still dont understand, even if Karim got enough money to buy up Serba, why would he throw good money at a bad company? As if once karim privatize Serba, all the debt to the bankers no need to pay back anymore and just disappear. Serba has too much debt, the only way is liquidation and close door. What happened to all the money channelled to the middle east? They PP and borrow lots of money from investor and bankers, what happened to all the monies?