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pearlwhite | Joined since 2015-04-08

Investing Experience Advanced
Risk Profile Not Disclosed

Economist/Mathematician by education, trained in finance, assurance and risk. Experience in Manufacturing, FMGC, Construction, Oil&Gas and IT with significant leadership involvement in Marketing/Projects, Operations, SCM, Logistics, HSSEQ, IT, HR, Finance, Risk and Assurance.

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Stock

2022-06-16 09:11 | Report Abuse

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Dear all,

New article available.

Bona fide Journalism comes to Serba Dinamik’s aid
https://klse1.i3investor.com/blogs/Pearlwhite/2022-06-16-story-h1625031462-Bona_fide_Journalism_comes_to_Serba_Dinamik_s_aid.jsp

Kindly spread it across all platforms, group chats and forums.

Thanks
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Stock

2022-05-19 08:58 | Report Abuse

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Dear all,

New article write-up.

Who is Serba Dinamik’s top creditor predator?
https://klse1.i3investor.com/blogs/Pearlwhite/2022-05-19-story-h1623300828-Who_is_Serba_Dinamik_s_top_creditor_predator.jsp

Forward the information far and wide to very known group you know!
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Stock

2022-05-19 08:46 | Report Abuse

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***********************************WARNING!*************************************
Please avoid indulging in SD's share for the moment.

The tactics from the hidden proxies have changed to use the anchovies and general public to engineer a sell down that will cause massive losses to retail investors.

Beware of seemingly low price of entry SD and tempting price increase.

Co-conspirators SC, Bursa and MSWG are aware and are closing a blind eye on this.

Forward the information far and wide to very known group you know!

http://nuclearmanbursa.blogspot.com/2022/05/securities-commision-bursa-malaysia.html

CONSIDER this : some 2.15 billion Serba Dinamik shares were traded on the open market here yesterday.

THIS translates to slightly 57 per cent of the companies share issuance capital. Obviously, some big fish is doing a massive roll over, while big time day traders who enjoy ZERO BROKERAGE are having a FIELD DAY doing intra day trades.

DATA extracted from YAHOO FINANCE indicates VIEW : SERBA DiNAMIK shares are now trading at a MASSIVE 4 55 TIMES, its normal self

WHAT this means is the odd man out here, meaning the retail investor could be in the process of being set up big time, for some small time gains now, in return for huge life taking losses in the future.

HAS the SC, Bursa Malaysia and MSWG forgotten about IRIS Corp Bhd, and the devastation it caused the RETAIL INVESTOR ..??

***********************************WARNING!*************************************
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Stock

2022-05-16 22:46 | Report Abuse

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Since this is out, another article will be written.

https://www.malaymail.com/news/malaysia/2022/05/16/report-serba-dinamik-ceo-claims-hidden-hands-out-to-destroy-company-and-plo/2059147

For the time being tomorrow morning, will be new article. You lot had a few days to ding dong.
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Stock

2022-05-13 23:57 | Report Abuse

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Pearlwhite checking in here. Time is of essence before the June 2022 deadline.
I did prefer option 1 where Petronas takes over. What was the price that PNB paid? 90 sen per share?
Lets get this done asap.
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Stock

2022-05-13 20:15 | Report Abuse

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An article would ensue next week to explain the AGC's statement.
Additionally, since the information is out, I shall honour my promise to disclose what SC's response were in respect of the investigative work done by leno and psai3alert and as a bonus, disclosed what SC did with it as opposed to their response.
https://focusmalaysia.my/ag-compounding-serba-avoids-lengthy-trial-no-economic-consequences/

For the time being, I shall permit the various interpretation from the AGC's statement to your hearts content.
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Stock

2022-05-10 19:08 | Report Abuse

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Good news everyone!!!!

The mastermind that
1) Abused the MOF, its bodies and machinery, to create false governance issues committed by SD;
2) Instructed Hasman Yusri Yusoff to create fictitious audit issues pertaining to SD;
3) Orchestrated the sell down (including press releases) of SD shares by EPF, PNB and KWAP;
4) Arranged to have certain SD shares to be held by unknown proxies;
5) Manipulated the market for SD price sell down; and
6) Scammed the investment community and general public with falsehoods through the court of public opinion.

HAS BEEN PUBLICLY IDENTIFIED AND MADE KNOWN.

More to come.
ps. hopefully I will be able to write about how the plan was conceived and the reasons behind it, in addition to how it was executed by which parties.
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Stock

2022-05-10 07:16 | Report Abuse

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Key actions of Serba Dinamik
FYI, this was the culmination of planning that started in early 2022.

Updated as at 10th May 2022 (weekly update)

Strategy
- Execute expansion of existing floated shares to desired level for entry to new segments via bonus, splits and warrants. - In progress
- To vigourously complete entry into the segments of Information Technology, Satellite, Aerospace and Megaprojects. - In progress
- Ensure new organisation structure are accordance with recommendations from risk management and audit. - In progress

Operations/Projects
- Business re-organisation to focus on high impact high, priority projects with quick working capital turnover. - In progress
- Re-mobilised workforce to immediately continue operations/projects stalled by the pandemic. - In progress

Legal
- To finalise legal redress with KPMG on its offer for settlement. - In progress
- To pursue legal liability with relevant financial regulatory authorities and government agencies for defamation. - In progress

Financial
- Ensure working capital from financial institutions are re-instated. - In progress
- Ensure provision of assisted working capital from relevant Government agencies is obtained. - In progress
- Ensure that agreed re-structured repayment plans are carried out in accordance creditors/financiers requirements. - In progress
- Ensure CAPEX is mobilised immediately. - In progress
- Ensure finalisation of FYE 30th June 2022 audit (unqualified) by 1st week October 2022. - In progress
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Stock

2022-05-07 23:35 | Report Abuse

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This SD forum is alive again! Slowly, the noisy minority (PH/DAP symphatisers) will be drowned by the silent majority.

Obviously, the reason why DAP (using MMail) are upset is because their colleagues were purged from SC and soon Bursa. Additionally, their colleagues in the Judiciary are also being investigated for corruption.

This time around is not like 2014 to 2018 politics. No more face will be given to PH by BN. Stop the rot at the root immediately.

However, this will be used by PH/DAP in GE15 as ammo tho.

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Stock

2022-05-04 16:22 | Report Abuse

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As all preparations have been made, lets take this SD fiasco as a lesson to be discern fraud committed by authorities against innocent companies.

It is definately not the end of making right what was wrong, rather it would continue with more purges and changes to regulatory rules to prevent abuse and accusations.

I thank the many here who had the patience to stay with SD in these turbulent times. I have had tried to redeem the others, but that is their choice. They will have to deal with the consequences of their own beliefs and actions.

All the best.
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Stock

2022-05-04 16:08 | Report Abuse

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To address the misinformation of the winding up petitions from financial institutions and creditors, please be informed that during the negotiations for re-structuring of such debts owing, it was agreed upon by the parties involved with SD that these petitions would have to be formalised as part of the re-structuring process.

Take note.
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Stock

2022-05-04 16:02 | Report Abuse

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For those who are on the end stick at this SD fiasco, Elon Musk has this to say

“Since I’ve been asked a lot: Buy stock in several companies that make products & services that you believe in. Only sell if you think their products and services are trending worse. Don’t panic when the market does.”

https://www.cnbc.com/2022/05/02/why-elon-musks-recent-investing-advice-sounds-like-warren-buffett.html

Hope this helps.
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Stock

2022-05-04 15:52 | Report Abuse

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FYI, Capital A is trading circa 65 sen - 75 sen and yet owes billions.

Yet, still around. This isn't the 90s.


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Stock

2022-05-04 15:50 | Report Abuse

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Here is the list of actions being executed to redeem SD.
FYI, this was the culmination of planning that started in early 2022.

Updated as at 4th May 2022 (weekly update)

Strategy
- Execute expansion of existing floated shares to desired level for entry to new segments via bonus, splits and warrants.
- To vigourously complete entry into the segments of Information Technology, Satellite, Aerospace and Megaprojects.
- Ensure new organisation structure are accordance with recommendations from risk management and audit.

Operations/Projects
- Business re-organisation to focus on high impact high, priority projects with quick working capital turnover.
- Re-mobilised workforce to immediately continue operations/projects stalled by the pandemic.

Legal
- To finalise legal redress with KPMG on its offer for settlement.
- To pursue legal liability with relevant financial regulatory authorities and government agencies for defamation.

Financial
- Ensure working capital from financial institutions are re-instated.
- Ensure provision of assisted working capital from relevant Government agencies is obtained.
- Ensure that agreed re-structured repayment plans are carried out in accordance creditors/financiers requirements.
- Ensure CAPEX is mobilised immediately.
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Stock

2022-05-04 00:15 | Report Abuse

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Oh dear! RPK has been so "kan cheong" to reveal the abuse of MOF machinery and bodies.

People did not realise that after GE14, many board members and/or management of government institutions were changed. It is a normal process of expulsion in many countries with a change of Government administration by another political party.

But what people didn't expect is that PH, the truth seeker and holier than thou executioner, is so abusive of the system that it had destroyed the confidence of foreign institutions (be it investment, legal etc).

It has also destroyed the livelihoods of the rakyat.

No wonder its RM4.35 to a dollar. (Najib turun, RM naik was PH's mantra).

Expect the opposition parties scrambling to make their statements (eg. DAP) and their spin machinery (eg. MMail, theedge, etc) to come out blazing with "the last stand" misinformation.

As I sometimes say, more to come. But RPK says it too. This is just the tip of the iceberg.

And the problem is, many here in klsei3 are blur blur sotong (mong mong pai pai) being screwed over and over again helping these perpetrators do their bidding.

By now, you would have realised that some here are PH symphatisers (or rather DAP).

Fortunately for them, our current administration is rather sympathetic for these "rakyat" who spread misinformation and would with a kind donation of the heart, let them off the hook.
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Stock

2022-05-02 21:22 | Report Abuse

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Back by popular demand, here is the list of actions being executed to redeem SD.
FYI, this was the culmination of planning that started in early 2022.

Updated as at 2nd May 2022 (weekly update)

Strategy
- Ensure new organisation structure are accordance with recommendations from risk management and audit.
- To vigourously complete entry into the segments of Information Technology, Satellite, Aerospace and Megaprojects.

Operations/Projects
- Business re-organisation to focus on high impact high, priority projects with quick working capital turnover.
- Re-mobilised workforce to immediately continue operations/projects stalled by the pandemic.

Legal
- To finalise legal redress with KPMG on its offer for settlement.
- To pursue legal liability with relevant financial regulatory authorities and government agencies for defamation.

Financial
- Ensure working capital from financial institutions are re-instated.
- Ensure provision of assisted working capital from relevant Government agencies is obtained.
- Ensure that agreed re-structured repayment plans are carried out in accordance creditors/financiers requirements.
- Ensure CAPEX is mobilised immediately.
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Stock

2022-05-01 20:02 | Report Abuse

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https://focusmalaysia.my/syed-zaids-departure-network-hurls-racist-attacks-on-him-for-not-helping-malay-companies/

1)
If the fault is at SC (and soon Bursa), imagine what kind of instructions and actions that have been given to KWSP, PNB, KWAP, etc.
Losing rakyat monies demand accountability.
After all, it was EPF who went on media blitz on SD (saying it was worried) before their sell down.
It means that KWSP, PNB and KWAP have to make good the wrong that led to their members losing monies by buying back what was sold.

2)
Following right behind, what kind of moral persuasion will be given to the financial institutions?
After all, they froze the working capital of SD with the reason of "negative publicity" from SC, Bursa, EPF.
Accountability and making good the wrong is the way out by reinstating the frozen facilities?

That is to say, if your new house has defect, then it is property developer to make good the wrongs.

Those who refuse, will get legal liability.
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Stock

2022-05-01 03:38 | Report Abuse

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Just as in capitaA and Sapura Energy, there will be an afford of working capital by G.

Oh btw, did Bursa admit somewhere that they got SD into PN17?

Did Bursa also created this fiasco in the 1st place? Are they responsible for SD's loss of working capital from banks?

More to come.
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Stock

2022-04-30 08:07 | Report Abuse

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Mmail is managed by DAP spin doctor.
So expect intensie report on SD by them.

Many here are disgruntled PH supporters sulking over the SD fiasco that their elected reprensentatives created and perpetuated.
Like PH, their members brought nothing to the table and destroyed the country.

Spare the righteous mouthing. Results speak for themselves.
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Stock

2022-04-29 22:55 | Report Abuse

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The gap up to Rm1 is just a step to many more steps.

Remember, InvestorKing, KYY, codeyesifu, speedmart99 is in LONG TERM.

More to come.
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Stock

2022-04-29 14:56 | Report Abuse

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The purge continues but still far from over.

Political parties have no businesses abusing MOF machinery and bodies.

Also, no interference with MACC.

These are just DAP symphatisers leaving.

More to come.

No need worry about SD. Procedural matter from creditors as planned for restructuring exercise.

More will be announced in due cause to make right what was previously wrong by the perpetrators.
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Stock

2022-04-29 11:52 | Report Abuse

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The perpetrators are in panic mode.

Now, in April 2022, KWAP transfer their shares to the proxy.

A little to late.
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Stock

2022-04-29 10:47 | Report Abuse

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Pity the minorities. Minorities were

1) Naive about the whole SD issue
2) Ignorant about the whole abuse of MOF machinary and bodies by others
3) Used many times over by perpetrators to serve their cause
4) So unaware, they are still behind the curve as at 29th April 2022

In other words, Malaysia calls this "blur blur sotong" or in cantonese "mong mong pai pai".

Stock

2022-04-28 17:00 | Report Abuse

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My heartiest congratulations to Awang Adek as the new SC Chairman.

Lets us all band together to rid ourselves of abuses of MOF machinery and bodies from the rampant abuse of power to enrich oneself or that of others and restore law and order and trust and transparency in the Malaysian financial system.

It is time to stop victimising innocent listed companies from allegations of fraud that enable perpetrators to purchase them at cheap prices at the expense of the rakyat.

I hope that with a unified SC under the leadership of Awang Adek, in tandem with the current Malaysian leadership, the financial system will be stablised and prosper ahead.
https://www.malaysiakini.com/news/333701
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Stock

2022-04-28 13:54 | Report Abuse

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https://www.theedgemarkets.com/article/sc-executive-chairman-tenders-resignation-six-months-after-threeyear-extension

Those who abuse and permit abuse of Government machinery and bodies for their own or acting as proxies/henchman for others' personal gain will be dealt with.

More to come.
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Stock

2022-04-26 15:25 | Report Abuse

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For those who cannot wait for trading halt to be lifted (it will come in due course), please PM InvestorKING.

I believe he will be able to "help" get rid of your SD holdings without question. What was your TP again upon requotation? 0.05 sen?

I think he be glad to take it at 1 sen.

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Stock

2022-04-26 12:29 | Report Abuse


Are those henchmen that were directed to make SD suffer being dealt with justice now? It is payback time?

https://www.theedgemarkets.com/article/subur-tiasa-falls-much-5-after-liabilities-exceeded-current-assets

Time will tell.

Stock

2022-04-26 11:47 | Report Abuse

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Now you all realise why InvestorKING, Speedmart99, KYY, coldeyesifu *all in long term*????

SD floated shares = 3.7 billion
Sapura Energy floated shares 16 billion

These IT, Aerospace, Megaprojects, Satellite coming in will mean increase share capital.

HOW WILL SD SHARE CAP LOOK LIKE? >16 BILLION?

There will be many rounds of play.

REPEAT - Now you all realise why InvestorKING, Speedmart99, KYY, coldeyesifu *all in long term*.

Why KYY getting RM30million facility just for SD. (this one InvestorKING say wan lah)
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Stock

2022-04-26 10:28 | Report Abuse

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You now know the Petronas saga.

Who is the producer/director started all this SD fiasco? So who is the proxy?

Why did the authorities engineer a sell down of SD shares and yet hold 15%?

https://focusmalaysia.my/mokhzani-must-count-his-lucky-stars-for-cashing-out-of-sapura/

Is SD seen as bigger than Sapura Energy? Given that theres Aerospace, Megaprojects, IT, Satellite?
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Stock

2022-04-26 08:46 | Report Abuse

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After reading my previous post, read this

https://anotherbrickinwall.blogspot.com/2022/04/anti-climax-ending-to-serba-dinamik-saga.html

The so-called 59 stamps answered and RM6 billion so called alleged revenue is answered.

No wonder AGC dropped the case.
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Stock

2022-04-25 19:06 | Report Abuse

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Since August 2021, many were aware of what was happening except you lot here. Courtesy of some, fortunately, here are some of the information you require.

https://anotherbrickinwall.blogspot.com/2022/04/serba-dinamik-idris-haron-answerable-sc.html

After reading that, read these

IT
https://www.thestar.com.my/business/business-news/2021/05/07/serba-dinamik-to-list-on-nasdaq-via-data-knights
https://www.astroawani.com/berita-malaysia/serba-dinamik-bangunkan-algoritma-kesan-covid19-menerusi-bunyi-batuk-331103
https://focusmalaysia.my/serba-explores-cashless-parking-system-venture-with-melaka-state-govt/
https://www.e-serbadk.com/serba-dinamik-lancar-internet-satelit-mysurfi-di-larut-perak-bernama/

Satellite
https://www.thestar.com.my/business/business-news/2021/12/13/serba-dinamik-plans-to-have-its-own-satellite-in-35-years---ceo
https://www.theedgemarkets.com/article/frankly-speaking-satellite-can-wait%C2%A0

Aerospace
https://www.e-serbadk.com/pameran-aeroangkasa-di-majlis-perlancaran-pelan-tindakan-bumiputera-2030-anjuran-teraju/

Megaprojects
https://www.e-serbadk.com/serba-dinamik-holdings-berhad-hosted-the-prime-minister-of-malaysia-and-his-delegations-at-expo-dubai-2020/

Once done reading, SD has Political (Ismail) and Ruler Support. WHY did SD do this?
https://www.e-serbadk.com/dymm-sultan-ibrahim-ibni-almarhum-sultan-iskandar-berkenan-menerima-menghadap-dato-dr-ir-ts-mohd-abdul-karim-di-kuala-lumpur/

WHO IS CAUSING PROBLEMS TO SD?
https://www.bharian.com.my/berita/nasional/2022/04/941125/tun-m-sahkan-jumpa-muhyiddin-dua-minggu-lalu
https://themalaysianreserve.com/2022/04/05/an-independent-commission-must-investigate-the-mysejahtera-debacle/

You make your own inference.

Stock

2022-04-25 12:58 | Report Abuse

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The minorties who are the loudest of them all with nothing to offer are way behind the curve on this SD fiasco.
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Stock

2022-04-24 15:25 | Report Abuse

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The abuse of MOF machinery saw the Rakyat suffer, not only minority shareholders.

EPF, PNB, LTH, Amanahraya, KWAP disposed SD shares since the fiasco. Apart from the now 10% being held right now by all of them, you are looking at nearly RM1 billion ringgit of losses.

That's 20% of what PNB lost in Sapura Energy.

Get rid of the abusers.

Macc take action swiftly. Having political interference and involvement in the financial regulatory body is downright alarming.
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Stock

2022-04-24 12:28 | Report Abuse

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Not many people knew that the 26 March 2022 article by a certain media company was the result of having full knowledge of the AGC's decision to offer the compound and requested SD to make a representation, even before the end of April.

Furthermore when you charge SD using sub-standard investigative work and acquisition of information from "streetwalker investors", SC ended up losing its own credibility.

Its no wonder Bursa contempt proceedings against Serba Dinamik knowing apart from the RM16million fines, they don't have to disclose the FFU anymore.

**Serba Dinamik, in the “interests of producing finality”, further claimed that the offer of the compound should be accompanied by the discontinuation of any insistence by Bursa that the factual findings update (FFU) is to be announced.**

More to come.
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Stock

2022-04-24 08:52 | Report Abuse

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Waiting patiently for a short trailer (video clip) to prove this to emerge......

Who would be so kind? Its exciting! More exciting than Avengers : Endgame!!

https://www.malaymail.com/news/malaysia/2022/04/23/source-securities-commission-lodges-police-report-against-serba-dinamik/2055244
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Stock

2022-04-24 08:49 | Report Abuse

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Oh I didnt realise that. So, does it mean at 500 million shares are only available up for grabs? Are you sure sharks hold 100 million only? Last I estimated, its around 200 million (which would make 400 million shares available for grabs).

Still, if sharks are planning to offload at the 1st TP of RM1, (RM 1 is the figure being quoted in the whole of the investors/speculators market worldwide), that makes you, coldeyesifu, KYY and Speedmart99 work even harder.

I wish you and your team all the best. It would be great to see KYY emerge as a top 30 shareholder in SD.
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InvestorKING

This pearl white is nonsense,clearly know that he is seducing shorties to short. 600mil shares to grab? The last trading volume which is around 100mil shares, and these shares are actually shorties shares and being collected by big shark behind.

Stock

2022-04-23 21:08 | Report Abuse

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InvestorKING

All in for the long term? Are you, Coldeyesifu, KYY and speedmart99 going to slug it all out?

I did a detailed analysis and ONLY 600 million SD shares are only available up for grabs based on the latest shareholding structures @ Dec 2021.

Sure you and your team can cut queue?

Hopefully, those who intend to sell could make up the difference, but max is 600 million shares on offer from market talk.

See here for shareholding breakdown.
https://imgur.com/a/3rJg50L
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Stock

2022-04-22 13:30 | Report Abuse

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The time to move is now.

https://focusmalaysia.my/how-serba-has-to-fence-off-3-opponents-sc-bursa-and-the-edge/?fbclid=IwAR0HUXUoWhmWY60WwJEY99jefH8ZEAH1QyOM0rJAhjrOh42OVvzwBbP4sAw

With the henchman (who instructed various person(s) to abuse the government machinery and institutions to act against SD, being currently embroiled with the mysejahtera closed door wheeling and dealing and his impending expulsion from the Rembau seat), it is time to reveal and unmask the truth mastermind(s) of this whole fiasco.

The intent of the mastermind, who are able to infiltrate various government machineries and institutions (including audit firms) is one of financial gain.

Exploiting the mental weakness, naivety ignorance of the "minority" shareholders to fall hook line and sinker to the narrative.

SD was a company that had great potential especially in the IT and Aerospace segment and was slated to do great things for Malaysia, greater than the impact of 5G in Malaysia being done by DNB's RM30 billion project.

- Will MACC take action against the perpetrators who planned and executed this atrocious act against SD?

- Will MACC to take action against person/(s) in SC, Bursa and a particular media company?
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Stock

2022-04-22 10:37 | Report Abuse

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This has been going on for far too long. Since August 2021, the perpetrators, their malicious plans and actions were known to many, except for the "minority" shareholders.

Creating "unsubstantiated" aka fake audit issues with SD by way of abusing the MOF institutions to get SD on its knees? Utilising the financial institutions systems and processes to freeze SD's liquidity?

Furthermore, a particular media has been complicit in the attempts to put SD in bad light. Being directed to do so in conjunction with SC and Bursa.

Clearly an abuse of the government machinery and its institutions to enrich those in the corridors of power at the expenses of Malaysians.

Will MACC take action against the perpetrators who planned and executed this atrocious act against SD?
Will MACC to take action against person/(s) in SC, Bursa and a particular media company?

Pity those "minority" shareholders who fell hook line and sinker into the fake narrative expunged by those who abused the system.

It is now time to end this.

They are now pushed into a corner, and them making amends wouldn't help. Justice must be meted out.

Expose them, in conjunction with Mysejahtera issue, and remove them from all offices of government.

More to come.

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Stock

2022-04-21 08:47 | Report Abuse

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How convenient for a particular media company not to report this.

https://codeblue.galencentre.org/2022/04/05/khairy-i-have-nothing-to-hide-on-mysejahtera/

When the current Rembau incumbent loses his seat, will we see a restructuring at SC and Bursa for the SD fiasco? Will MACC take action against the officers of SC and Bursa?

More to come.
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Stock

2022-04-11 17:03 | Report Abuse

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InvestorKING, Coldeye, KYY and Speedmart is going to compete with Rinani Capital Sdn Bhd?
Luckily, Speedmart already in 50 million shares.
Let you all fight among yourselves to buy up all those that were scammed into selling.

What a waste of MOF ministry resources. Just because some group whats to have Serba IT and Serba Space for themselves. Look at the mess with MySj and Edtomo. Tsk Tsk Tsk. All fighting over billions of Ringgit, even bigger than DNB $.

They created fake issues to put SD into bad light. Now AGC also know real falsehood.

Even AGC have to put up a show to bail out SC/Bursa. Really memalukan.

Anyway, more to come and will reveal more.
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The head of MOF really do this kinda things to help himself and his political group to the $.
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Stock

2022-04-11 09:02 | Report Abuse

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The hit piece didn't highlight Rinani Capital Sdn Bhd.

Why not someone do a SSM search on how big this company is? Does it have funds larger than AceGroup ( https://www.acegroup.com.my/ )?

https://www.theedgemarkets.com/article/director-four-listed-companies-23-who-azri-azerai
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Stock

2022-04-11 08:56 | Report Abuse

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Since mysejahtera issue has come to light, the person(s) inflicting the issues with Serba Dinamik are the same person(s) connected with mysejahtera.

At stake is way larger in amount than the RM300+ million over 5 years.

https://www.youtube.com/watch?v=7nwkMHQOB2s
https://codeblue.galencentre.org/2022/03/26/pac-report-mysejahtera-developed-without-contract-apps-ownership-unclear-with-new-company/

Serba IT and Serba Space has big things slated for it.....
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Stock

2022-04-07 18:50 | Report Abuse

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Comparing the details of the FFU vs. Cover Story: What Serba Dinamik didn’t want you to know, seems like a lot of it have been cleared by EY.

I hope they continue with part 2 of Cover Story: What Serba Dinamik didn’t want you to know. Out of RM4.5 billion, RM3+ billion resolved.

Congratulations to SD to resolved this much, however, the balance is now suspended with EY stop work and refuse to sign off.
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2022-03-30 16:09 | Report Abuse

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The "rubber stamp" allegation can be considered an abuse of qualified priviledge and defamation.

There are many companies that have their vendor/partner stamp in their companies as these vendor/partner have full time representatives sitting in those companies. Very typical in OnG companies.

As I have been saying all along, using Bursa's affidavits to make sensational headlines will get you into trouble sooner or later.
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2022-03-24 19:29 | Report Abuse

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Atok and gang wash hands ady and old government let PNB suffer.

Government already know that Saprng will be lost given the circumstance (with vendors and banks). Its not a matter of "if or when". Its a fact.

Since the current government has the will for Petronas to take over PNB shares with no loss to PNB, I believe Petronas would provide the guarantees for working capital for it to continue.

As a business, consider it a mid-term solution, maybe 3-5 years to be back to its heyday.

At least rather than being an anchovie, someone actually come up with constructive solutions.

All the price targets being harped now are based off if Petronas didn't not become major shareholder.
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