This kind of things so keep low profile isn't it?

Think... is it a 100% thing to KMPG? Why take the risk to solve it in public?

U must know



KPMG didn't expect tis BLOW UP

U must know


KPMG was surprised by tis BLOW UP

KPMG had requested for the change in year end

U must know


KPMG was surprised by tis BLOW UP

U must know


It was never KPMGs intention to publicize its findings


There r P&C rules to follow

Pay attention

The question is who caused the BLOW UP?


THE BLOW UP

Someone's else

BLOW UP



Not KPMG fault

BLOW UP


Not Karims fault

Mikecyc needs not apply

No

Check again verify

Quickly no extension of time for u




bobvic96 OrlandoOilSemiconIoT U r aware right?

KPMG is d one tat asked for change in year end

That is not something I have seen

20/06/2021 5:31 PM

No

Check properly not SERBADK it is KPMG that asked to change year end to buy some time to finish audit

But but but


KPMG is not the one the party that caused the BLOW UP


Someone else

If the issues fundamentals cannot solve means cannot solve wat is d point in asking for more time?

U r aware right?



KPMG is d one tat asked for change in year end


Not Karims idea

Wonder



What KPMG cannot solve now can be solved by extension of time by changing year end?


Time heals all pains????

Hint



Let's change the year end to JUNE 2021 so that we can hv more time to finish the audit

Tis not bad tis is close


josephn I think is the action of Kadier the independent director that shunned the KPMG, things can settle properly and internally without leaking out to the public

20/06/2021 5:04 PM

Pay attention

The question is who caused the BLOW UP?


THE BLOW UP

Next

No

Not Karim the ED

Trivial Trivial Trivial



Do u know who is which party is really d one tat caused tis blow up?



1 sen for ur thought



Mikecys needs not apply

They go to US coz it is easier to get a place in US uni damn difficult to get into China ivy league uni The competition




cyeec2000 https://youtu.be/ojCjZQQHRX0
If you looked at the link above you will doubt that its from china, but its new York. There is some people said china men thought zhu guo is best but didn't move back to china,.their body is honest than mind thinking. I don't think china ppl are allowed to be trade like that in china. Carrie lam children is studying in US, why not study in china?a lot of china companies listed in US, why china is not good to be listed?

20/06/2021 1:00 PM

Confirmation to trade receivables appear ok

20/06/2021 1:55 PM



Tis fella needs education

Mikecyc Comfirmation ????

20/06/2021 1:57 PM





How about others?


Confirmation to trade receivables appear ok


Any problems with tis??

Confirmation to trade receivables appear ok

For d sole reason to get d confused more confused

Tis is whr d ICT income is from

BTW do u need a fancy website to get tis projects?

It is 100% by connection




“We are guided [that] the portion from the two projects will be recognised under the ICT division,” he noted.





“The RM7.7 billion worth of Abu Dhabi innovation hub project is currently at the engineering and design stage and construction work should commence in 2H21 [second half of 2021].

Piling work for the RM1.5 billion data centre project has started in April and construction work should accelerate in 2H21 as well.

“We are guided [that] the portion from the two projects will be recognised under the ICT division,” he noted.








Serba Dinamik’s steady trajectory likely to continue, driven by strong orderbook, replenishments in ICT segment

By Syafiqah Salim | theedgemarkets.com | 2021-04-23 11:53:39

KUALA LUMPUR (April 23): Serba Dinamik Holdings Bhd’s steady growth trajectory is likely to continue, backed by a strong orderbook and replenishments, especially in the information and communications technology (ICT) segment, according to RHB Institute Research.

In a note today, its analyst Sean Lim said the ICT segment is expected to deliver strong growth for the energy services group in the next few years.

“The RM7.7 billion worth of Abu Dhabi innovation hub project is currently at the engineering and design stage and construction work should commence in 2H21 [second half of 2021].

Piling work for the RM1.5 billion data centre project has started in April and construction work should accelerate in 2H21 as well.

“We are guided [that] the portion from the two projects will be recognised under the ICT division,” he noted.
Meanwhile, Lim said the company is exploring areas in space technology which includes collaboration with the Malaysian Space Agency (MYSA) and various local colleges and universities for research and development works and talent development.
“In order to strengthen its internal capability, it partnered with Swissto12, a private technical arm based in Switzerland, which manufactures satellite components via 3D printing technology. This is positive in the long term as near-term earnings contribution could be only minimal.
“We are long-term positive on recent efforts of exploring space technology but near-term earnings impact is rather minimal. Our recommendation is premised on improving operating cash flows without the need to trigger further cash calls,” added Lim.
RHB kept its "buy" call on the group with an unchanged target price of RM2.53.
At the time of writing, Serba Dinamik had risen one sen or 0.62% to RM1.62 with some 3.32 million shares traded. This gave the group a market value of RM6.04 billion

China system can deliver better vs d western world

Materials on site is quite safe

Any problems wit tis?

U think tat UMNO era guy knows wat is happening in operations??

He jz wanted to throw his weight around even without knowing wat is going on



alenac Must be playing "Tai Chi" after providing doubtful and unverified documents.

Posted by OrlandoOilSemiconIoT > Jun 19, 2021 4:34 PM | Report Abuse
Sidestep here refers to tat UMNO era wit UMNO mentality rich shareholders attempt to sack KPMG

AlsvinChangan KPMG tanya lain

SD jawab lain

Dont sidestep auditors queries

19/06/2021 4:20 PM

U got d fact wrong d



AlsvinChangan Why the suppliers invoices dont have Company Registration Code?

Companies without Company Registration Code can do business in Malaysia?

SD deals business with these companies HARAM

19/06/2021 4:48 PM

To b fair to d INED wat can they do at tis juncture

At tis juncture KMPG had not d likely exposure

INED can only come in if KPMG had quatified d amounts yet the directors insist on not agreeing

The situation now is tat KPMG has not quantified the exposure



AlsvinChangan The independent directors Tidor all these years

Why need to hire more independent directors

The OLD independent directors are incompetant and useless

The OLD independent directors push all the work to NEW independent directors to do

19/06/2021 4:28 PM

Sidestep here refers to tat UMNO era wit UMNO mentality rich shareholders attempt to sack KPMG

AlsvinChangan KPMG tanya lain

SD jawab lain

Dont sidestep auditors queries

19/06/2021 4:20 PM

Karim has used tis brand name to procure projects n contracts n sub them out

KPower SCIB AIMFLEX VNP small companies r companies planned to b d subcontractors



OrlandoOilSemiconIoT Serbadk has a strong brand name likely vouched by d many successes it has wit PETRONAS tat it has put into its company profile

Karim has used tis brand name to procure projects n contracts

19/06/2021 4:17 PM

Tis is not right

Materials on site had been highlighted by KPMG as a key area n it is not jz spot check only tat is performed to check tis item
See last year AR

Since Serbadk has so many customers materials on site is really on siteS tat is located at many customers premises not jz one





So, in Sebak case, when auditor already spot check
and say material on site got problem,
meaning got problem.
Got problem mean site got no material.
No need to go recheck 2nd time anymore.

Serbadk has a strong brand name likely vouched by d many successes it has wit PETRONAS tat it has put into its company profile

Karim has used tis brand name to procure projects n contracts

Materials on site is quite safe

No la faker is fr tat one tat refuse China vaccines rather let its citizens die

Congratulations to DNEX on d successfully acquisition of PING

Many happy future acquisitions

In term of IT Serbadk is jz d front for AIMFLEX

All wil b sub to AIMFLEX whr Awang bro is waiting

And KPMG is being stared down by more n more heavyweights....

In d meantime price wil stay neutral at a level tat cannot forced selling

Safe ur breathe man

Auditors not frontliners not essential service provider

(Errrr.... audit not essential service??)

Audit firms cannot operate all close till 28.6.21 even longer if MCO extended

NIKON

Yes possible

TSMC n Samsung are quite reluctant to set up new fab factories in the US due to higher staff costs etc not competitive vs factories in Asia

Besides subsidy (US condemned China on this but itself is now doing it) incentive the other way is to reduce the PPE cost

With Allied Engineering QC the quality and QES doing the cheap... possible QES wil get a piece of cake from US efforts to b chips self sufficient


dalpinia OrlandoOilSemiconIoT Price action is likes TSMC n Samsung US new fab factories hv placed huge huge orders for QES ATE

You are rite, possible!!!

16/06/2021 4:32 PM

Price action is likes TSMC n Samsung US new fab factories hv placed huge huge orders for QES ATE

Price action is like rm 2b huge huge order is coming in

Hint of DNEX SilTerra role


TAIPEI (Reuters) - Taiwan's Foxconn said a subsidiary has invested T$995.2 million ($36 million) in Gigasolar Materials Corp to develop electric vehicle (EV) battery materials.

Foxconn, Apple's main iPhone maker, said the investment via a private placement through a Taiwan-based subsidiary will make it the second-largest shareholder in Gigasolar, known for manufacturing solar cell materials.

The two companies will jointly develop materials for electric cars, Foxconn said in a statement on Tuesday.

Foxconn has identified electric vehicles as a key new business and has struck several deals with companies, including Italian carmaker Stellantis and Thailand's state-run energy group PTT.

The Taiwanese company aims to provide components or services to 10% of the world's electric cars by 2025 to 2027, Foxconn chairman Liu Young-way said in October, vowing to lower manufacturing and other costs with its assembling know-how as the world's largest contract electronics manufacturer.

Long term beyond your imagination