.
That's normal.

Do you know what they seized? You know why it cannot be obtain from SD (as claimed by TheEdge with difficulty)?

Share your experience.
.

.
A Statement of Action from the Supporters of CEO Karim and Serba Dinamik Berhad.

We have been aware and would officially state that we will deny and prevent the hostile takeover of Serba Dinamik Berhad through guerilla tactics.

We the mutual and institutional funds and retail investors in support of CEO Karim and Serba Dinamik Berhad would ensure that the current Board and Management and great team at Serba Dinamik Berhad would continue in the foreseeable future.

We will maintain more than 2/3 of overall share support for CEO Karim and Serba Dinamik Berhad.

Thank you.

PS : Using the regulatory bodies to force Serba Dinamik Berhad into a checkmate position for takeover will also be denied by us.

.
SC breaks it silence (and that is according to TheEdge). Bursa's mouthpiece MSWG is quiet this time around?

Any of you been to SC's surveillance unit? You seen the screen? Its huge and contains lots of information.

Anyway, about time. SC ought put its foot down to stop all these clowning for one and get to work for once.

Remember, truth works both ways. Transgressions works both ways.
.

.
Note : Status the same @1st November 2021. Key focus is to disclose items before 30th November 2021.

@8th November 2021
Details of Key Action Indicators. Lets run the show for the better of SD.

COMPLETED ACTIONS FROM DETAILS BELOW
- Restructure company to greater heights - more contracts/projects, focus on customer.
- Founder's legacy 1 - removed margin call risks till 10 sen and before completion of SIR.
- Manage cash flow and forecasts.
- New financing initiatives will not involve Private Placement. and Rights Issue.
- EY will provide finalised SIR to Bursa.
- Bursa to request SD to announce SIR findings.
- Complete 2020 audit and annual report as planned.
- Complete 30/9/2020 QR within time frame or earlier (1st draft out by 21/10/2021).
- Group meetings with asset / fund managers together with re-rating agencies. Initiate re-rating process..
- Meeting with current financiers. Initiate re-rating process.

=====================================================================
OUTSTANDING / ON-GOING

Shareholders' Mandate
- Founder's legacy 2 - restructure founder shareholdings to focus on future strategy, finance, legal - in progress

Business Development
- Re-engage lost and new customers and continue to win more contract/projects - in progress
- Provide more innovative and new products and services to customers world wide. - In progress

Operations / Project Management / Procurement
- Continue focus on delivering continue safety, operational efficiency and cost effectiveness - in progress
- Continue to delivery on projects within customers expectations and satisfaction on time.

Finance
- Manage collections and expenditures - In progress

Governance
- Issues highlighted in forum will be dealt by SC/Bursa directly with forummers. SD will have no part in time wasting activities. - In progress.
- To deliberate offer by KPMG to resolve legal issue. - In progress.
.

.
Beck and call to me. How wonderful. On demand slave. Half a century already, still like a child. A child to children.

Guys, I appreciate the countless DMs and support. However, I believe that you should make your stand in this forum here against the child.

I mean, no offence, let it be known that you do not stand up to tyranny to those who bring nothing to the table.

I don't agree that you report this child in i3 because that is below the belt. If you have something to say, say it to the child. Straight in the face.

Watching "it" throw a tantrum is fun.

Yes, it will run into hiding soon.

.

.
Looks like the over half century old egg, which still not yet make it in the real world, cannot fathom higher process management skill.

Maybe glossed over my post earlier due to the onset of selective dementia.

.

Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD
Nov 11, 2021 12:12 PM | Report Abuse
.
How many here have done special independent reviews before? Or special audits?

Can share your experience rather than quoting sections of the Act (which is of no use btw).

Question 1

Can a non-registered AOB company/person(s) review and give judgement on matters that pertain to accounting standards/processes;

and/or

to non accounting issues/processes.

Answer to 1 is ................

Question 2

Can the special independent review/special audit's conclusion be decided upon and concluded at the discretion of Bursa/SC?

Answer to 2 is ....................


Please fill in the blanks.

.

.

Read books.
Quote latin.
Quote case law.
Internet search.

Verified against Directors' meeting register?

The very least if they turned you away, I can accept.
.

.
Read properly. Attention to details.

With this, the court has fixed Dec 8 to hear both applications at 2.15pm that day.
.

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Oh, big statement. Sure ka? Our 4 heavenly kings and 2 followers seem to let this slip by...

https://www.theedgemarkets.com/article/airasia-receives-approval-danajamin-club-facility-rm500m

sharewiz118 PN 17, delist and goes to Holland
11/11/2021 4:35 PM

.
It has come to the point where as the days progress (for me since more than 1 month ago with the key action plans of SD) and so-called new events happen, all I need to do is to look into my history comments and just cut and paste the comments given in the past.

The responses fit the current and future affairs that happen to SD, Bursa, SC or other stakeholders.

As anticipated and planned.
.

.
Again, never spend the time and read and look at details. Need to be spoon fed?

Look up why I changed my stance in SD. Its in the comments.

28th October 2021 Post
As for [Case:SC2021-23643] - RE : Serba Dinamik Klse i3investor - Reports of Fraud accounting, I will post SC's response later when SIR is out.

Suffice to say, it will definately break the hearts of leno and psai3alert. So much efforts put in.

I wish to state that despite pressing for more explanations from SC, I was denied to SC's findings.
.

Read my last line, it should be clear I haven't got to that point yet.

But, at least, you are not denying you are (now) an SD employee

.
Good news article.

Hey by the way, did you know how many times did SD miss the payment on the day before the KPMG fiasco?

Didn't you all realise that it happen more than once?

Ooopsss.....but did they pay? Was it in the CF statement? Oh, wait, its fake.

https://www.theedgemarkets.com/article/serba-dinamik-misses-coupon-pay...
.

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Some shoddy cut and paste work.

Why did you leave out the comment on why I changed my stance on SD?

Dont tell me you didn't do the balancing act 1st before deciding.

No balance, no piss straight. And you know, you splatter yourself.


bobvic96 A trip down memory lane from a time before ǷearlꙌhite became a SerbaDK employee.
Some of ǷearlꙌhite's previous posts - you can view yourself: https://klse.i3investor.com/servlets/cube/post/pearlwhite.jsp?fp=20

Still looking for the inflexion point where he started to get paid by SD - a similar event happened with Unsteady ConPeepee
.

.
How many here have done special independent reviews before? Or special audits?

Can share your experience rather than quoting sections of the Act (which is of no use btw).

Question 1

Can a non-registered AOB company/person(s) review and give judgement on matters that pertain to accounting standards/processes;

and/or

to non accounting issues/processes.

Answer to 1 is ................

Question 2

Can the special independent review/special audit's conclusion be decided upon and concluded at the discretion of Bursa/SC?

Answer to 2 is ....................


Please fill in the blanks.

.

.
Kudos for the TheEdge to be on top of SD when it matters.

Serba Dinamik unable to complete RM24 mil office building buy; deposit forfeited

https://www.theedgemarkets.com/article/serba-dinamik-unable-complete-rm24-mil-office-building-buy-deposit-forfeited
.

.
To be honest, the SIR doesn't really matter anymore. Because, SD can release the Annual Report 2020 now if they want.

What this means is that Nexia has given their opinion on the FS for 2020.

The only saving grace for Bursa/EY, is for them to make sure that all their findings are correct and is consistent with the Nexia's opinion.

The so-called updated on 30th September 2021 strongly suggests that the conclusions are consistent with Nexia's opinion.

However, asking more clarifications from SD is very prudent of them, just in case if anyone questions and does not accept the conclusions of the SIR in future (which I am sure will be many and represents 80% of the participants here) and decides to make complaints to the authorities and/or take legal action.


Markable Yes, EY also mentioned there is few more "issue" need further clarify and surely it need more time, and SD boss wanted to uplift the suspension asap to avoid further "market untrust" of SD share.

Personally thinking, releasing SIR much much more important and gain back the trust from market. I no want everyday guessing this and that, tired.

.
Today is 9th November 2021. SD has to issue AR 2020 latest on 30th November 2021.

In reality, by now, the AR 2021 have been completed and copy-writed. Registrars have to start preparing to send out the AGM/EGM mailers and also rush to complete the CDs to be sent out together.

Which means, Nexia's opinion has been given to the SD's FS 2020.

Of course, there will be those who would refer to the Chairman's press conference in June 2021, and would claim that Nexia was induced by SD (since SD pays for the audit) to issue an unqualified report which is true and fair and a SD being a going concern entity.
.

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It is a pity that SD's shares were suspended. A lot of foreign funds were buying in to support SD and CEO Karim. Well, one's loss is another one's gain.

https://www.bursamarketplace.com/mkt/themarket/stock/SERB/ownership

As can be seen (as what I disclosed on 25th October 2021), Public Mutual has sold off and in place was Blackrock buying in again.

Just as a reminder, as confirmed from research houses, the following hold the % in SD.

PNB - 6.2%
EPF 5.0%

https://klse.i3investor.com/servlets/staticfile/438915.jsp - Kenanga Research
https://klse.i3investor.com/servlets/staticfile/438945.jsp - PB Invest

Accordingly, the shareholding persons/entities in SD updated @ COB 31/10/2021

Name % Shareholdings

Mohd Abdul Karim bin Abdullah 21.2
Abdul Kadier bin Sahib 16.25
Unknown Shareholder 1 * 8.80
Unknown Shareholder 2 * 4.62
Employees Provident Fund Board 4.97
Kumpulan Wang Persaraan (Diperbadankan) 4.53
Permodalan Nasional Berhad (PNB) 6.20
State Financial Secretary, Sarawak 3.38
SBB Dana Al-lhsan 1.45
Lembaga Tabung Haji 1.39
Other Institutional Funds (Minimum 2m shares) 3.50
Other Mutual Funds (More than 2m shares holdings) 7.92
Estimated Intitutional & Mutual Funds (Less than 2m shares holdings) 0.50
Retail Investors (Balance) 15.29
Total Shareholdings 100.00

* Suspected Person, Group, Provident Fund
Note : Retail Investors (Balance) holds about (‘billion) 0.5

Summary

Founder Shares - 37.45%
Government Related Funds - 32.5%
Institutional & Mutual Funds - 14.76%
Retail Investors (Balance) - 15.29%
.

.
So nice to have TheEdge as Bursa's beck and call newsreader.

Seah Eu Hen
theedgemarkets.com
November 09, 2021 00:15 am +08

The stock exchange is entitled to exercise its power, says Bursa in response to Serba Dinamik lawsuit

https://www.theedgemarkets.com/article/stock-exchange-entitled-exercise-its-power-says-bursa-response-serba-dinamik-lawsuit

.
Cut and paste.

SIR is either completed or almost completed and EY briefed both Bursa and Serba on October on their findings.

If the SIR is good, means no fraud or hanky panky, Serba would have released it immediately. But Bursa knew the SIR is good and shows KPMG was wrong, so they now sue Bursa saying the "factual finding update" is not required or was forced upon them.

Those that stood with Serba has money vested in Serba.

Serba rather get delisted than to see factual finding update made public.

.
Good, so why did Bursa ask for "Factual Findings Update" not "Special Independent Review"?


Nikmon I believe Bursar do the same and ensure Karim release SIR by either penalty or suspend until SIR release.

If the SIR is good Karim will not hesitate to release SIR before due date according the regulation.


ǷearlꙌhite quoted
Cut and paste job.

If Bursar saw the super extreme good SIR and aware Karim bought 1 million share in next single day....

What should Bursar do? Investigation is under SC not bursar, if bursar don't act MACC will looking for bursar

What should bursar do?
09/11/2021 3:24 PM

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Look like "shop" related words the trending thing in M'sia now.

1MDB was run like a 'Petaling Street coffee shop', court hears

https://www.thestar.com.my/news/nation/2021/11/09/1mdb-was-run-like-a-039petaling-street-coffee-shop039-court-hears

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Cut and paste job.

If Bursar saw the super extreme good SIR and aware Karim bought 1 million share in next single day....

What should Bursar do? Investigation is under SC not bursar, if bursar don't act MACC will looking for bursar

What should bursar do?

.
Note : Status the same @1st November 2021. Key focus is to disclose items before 30th November 2021.

@8th November 2021
Details of Key Action Indicators. Lets run the show for the better of SD.

COMPLETED ACTIONS FROM DETAILS BELOW
- Restructure company to greater heights - more contracts/projects, focus on customer.
- Founder's legacy 1 - removed margin call risks till 10 sen and before completion of SIR.
- Manage cash flow and forecasts.
- New financing initiatives will not involve Private Placement. and Rights Issue.
- EY will provide finalised SIR to Bursa.
- Bursa to request SD to announce SIR findings.
- Complete 2020 audit and annual report as planned.
- Complete 30/9/2020 QR within time frame or earlier (1st draft out by 21/10/2021).
- Group meetings with asset / fund managers together with re-rating agencies. Initiate re-rating process..
- Meeting with current financiers. Initiate re-rating process.

=====================================================================
OUTSTANDING / ON-GOING

Shareholders' Mandate
- Founder's legacy 2 - restructure founder shareholdings to focus on future strategy, finance, legal - in progress

Business Development
- Re-engage lost and new customers and continue to win more contract/projects - in progress
- Provide more innovative and new products and services to customers world wide. - In progress

Operations / Project Management / Procurement
- Continue focus on delivering continue safety, operational efficiency and cost effectiveness - in progress
- Continue to delivery on projects within customers expectations and satisfaction on time.

Finance
- Manage collections and expenditures - In progress

Governance
- Issues highlighted in forum will be dealt by SC/Bursa directly with forummers. SD will have no part in time wasting activities. - In progress.
- To deliberate offer by KPMG to resolve legal issue. - In progress.
.

.
Apparently, someone here feels intimidated with my experience in the O&G. But what this person doesn't realise too, is that my experience also extends into FMCG market, notably the food and logistics sector.

Notably some of my achievements (in my very young ciku days) was on the following: -

1) Strategising and executing MacDonalds's manufacturing and supply chain hub in Malaysia years ago

2) Helped grow this food, enzyme, meat and fruit business in Malaysia. Many of you take for granted the lamb chops, salads, fruits, that you consume here in Malaysia and also helped the frozen food suppliers (tho, I am not involved with the fake label frozen meat company in Johore).

www.dpointernational.com

3) Grew the food packaging business in M'sia, SEA and Europe. You may have heard of TAGE (tah ke) brand.

https://www.tycoplas.com/

4) Helped expand the presence of barry callebaut from their small factory in PJ to what it is today. However, due to circumstances, it didn't grow as what we anticipated.

https://www.barry-callebaut.com/en

Some small personal achievement and satisfaction from very ciku days.
.

.
Today is 9th November 2021. SD has to issue AR 2020 latest on 30th November 2021.

In reality, by now, the AR 2021 have been completed and copy-writed. Registrars have to start preparing to send out the AGM/EGM mailers and also rush to complete the CDs to be sent out together.

Which means, Nexia's opinion has been given to the SD's FS 2020.

Of course, there will be those who would refer to the Chairman's press conference in June 2021, and would claim that Nexia was induced by SD (since SD pays for the audit) to issue an unqualified report which is true and fair and a SD being a going concern entity.
.

.
Time to go to the attic and dig out historical comments. This has all been played out as anticipated....

Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD
Oct 30, 2021 8:37 AM | Report Abuse
.
To be honest, the SIR doesn't really matter anymore. Because, SD can release the Annual Report 2020 now if they want.

What this means is that Nexia has given their opinion on the FS for 2020.

The only saving grace for Bursa/EY, is for them to make sure that all their findings are correct and is consistent with the Nexia's opinion.

The so-called updated on 30th September 2021 strongly suggests that the conclusions are consistent with Nexia's opinion.

However, asking more clarifications from SD is very prudent of them, just in case if anyone questions and does not accept the conclusions of the SIR in future (which I am sure will be many and represents 80% of the participants here) and decides to make complaints to the authorities and/or take legal action.


Markable Yes, EY also mentioned there is few more "issue" need further clarify and surely it need more time, and SD boss wanted to uplift the suspension asap to avoid further "market untrust" of SD share.

Personally thinking, releasing SIR much much more important and gain back the trust from market. I no want everyday guessing this and that, tired.
30/10/2021 8:14 AM

.
The next big news should be coming from the professional opinion of the CEO of MSWG.

Let's wait for it to hit the stands.
.

.
It good to see TheEdge working hard at publishing articles about SD and how it negatively portrays SD in the light of the situation.

Having TheEdge is a blessing.
.

.
That won't happen so soon as there are more pressing matters at hand.

The klsei3 investor activism from our 4 heavenly kings have so many unfinished business with TF (aka ineffective) that a special request for DSNR to intervene into AAX issue.

The priority is to have the RM1.4 billion of ticket proceeds to be returned to the passengers.

By all accounts, the 4 heavenly kings actions is always -100% correlated to the share price.

i.e. to say,

- positive review, low share price (eg. their own promoted counter)
- negative review, high share price (eg. their own hated counters)



izoklse Bursa SABO SD and Najib Lawyer now come and hunt bursa. Later Najib will push Ismail to take further action against bursa as bursa now look like an ah long or gengster. Let what happen to top bursa leader.

.
Note : Status the same @1st November 2021. Key focus is to disclose items before 30th November 2021.

@8th November 2021
Details of Key Action Indicators. Lets run the show for the better of SD.

COMPLETED ACTIONS FROM DETAILS BELOW
- Restructure company to greater heights - more contracts/projects, focus on customer.
- Founder's legacy 1 - removed margin call risks till 10 sen and before completion of SIR.
- Manage cash flow and forecasts.
- New financing initiatives will not involve Private Placement. and Rights Issue.
- EY will provide finalised SIR to Bursa.
- Bursa to request SD to announce SIR findings.
- Complete 2020 audit and annual report as planned.
- Complete 30/9/2020 QR within time frame or earlier (1st draft out by 21/10/2021).
- Group meetings with asset / fund managers together with re-rating agencies. Initiate re-rating process..
- Meeting with current financiers. Initiate re-rating process.

=====================================================================
OUTSTANDING / ON-GOING

Shareholders' Mandate
- Founder's legacy 2 - restructure founder shareholdings to focus on future strategy, finance, legal - in progress

Business Development
- Re-engage lost and new customers and continue to win more contract/projects - in progress
- Provide more innovative and new products and services to customers world wide. - In progress

Operations / Project Management / Procurement
- Continue focus on delivering continue safety, operational efficiency and cost effectiveness - in progress
- Continue to delivery on projects within customers expectations and satisfaction on time.

Finance
- Manage collections and expenditures - In progress

Governance
- Issues highlighted in forum will be dealt by SC/Bursa directly with forummers. SD will have no part in time wasting activities. - In progress.
- To deliberate offer by KPMG to resolve legal issue. - In progress.
.

.
Actually you can. If you can have access to non-financial information, then you would be able to access the situation.

Can you tell when someone is lying?


While the drama plays on, Serba Dinamik’s minority shareholders are bound to be an anxious lot as they have no way to assess the true situation at the company.

https://www.theedgemarkets.com/article/serba-dinamik-and-bursa-malaysia-lock-horns.

.
Best quote ever. When someone says trust us, its a lie.

"In a WhatsApp message to The Edge last week, one executive says, “Trust us. We have done nothing wrong.”

https://www.theedgemarkets.com/article/serba-dinamik-and-bursa-malaysia-lock-horns
.

.
Indeed it is!! People never beg the question why Bursa used the phrase

"Factual Findings Update" not "Special Independent Review" which they have so often used.

Was it deliberate from Bursa? Or Was it EY (now there's the question who actually did the finding).

The suspense is killing everyone!


Shadow Fiend more interesting than korean drama =)

.
Its great to see a continued participation from the 80% who vanish all the time. It is a very rare event when all eyes are on SD.

Especially so with the latest NST news aptly named "Serba Dinamik challenges Bursa in court".

Don't worry, worrisome ones, it will be published this evening.

As repeatedly highlighted, this is hardly surprising and is really old news. But as a refresher for dementia like grey matters, a re-post of the following response. Read it well and you'll find that the path forward has been set by SD.

===============

A Statement of Action from the Supporters of CEO Karim and Serba Dinamik Berhad.

We have been aware and would officially state that we will deny and prevent the hostile takeover of Serba Dinamik Berhad through guerilla tactics.

We the mutual and institutional funds and retail investors in support of CEO Karim and Serba Dinamik Berhad would ensure that the current Board and Management and great team at Serba Dinamik Berhad would continue in the foreseeable future.

We will maintain more than 2/3 of overall share support for CEO Karim and Serba Dinamik Berhad.

Thank you.

PS : Using the regulatory bodies to force Serba Dinamik Berhad into a checkmate position for takeover will also be denied by us.

.
Officially announced by SD which bought it in June 2020, it took TheEdge 1+ year to write about it when SD was busy wih the KPMG's issue.

Talk about timing to try take over SD.

https://www.theedgemarkets.com/article/cover-story-jinx-teluk-ramunia-yard
.

.
Everybody knows TheEdge is good news to this SD investors. TheEdge is quick to media blast the negatives while supressing positive news or playing semantics.

Who would not have forgotten their spin on SD buying over Brooke Dockyards (to which TheEdge have been acting on behalf of parties intending to take over SD), only to have Alex Goh, of Ambank on behalf of SD, to politely decline the offer.

As one ex-BusinessTimes reporter once said, if you wish to make news, piss straight, otherwise you get bitten in the rear by your target.

Bursa have rather honestly stated they wanted SD to disclose the “Factual Findings Update”, not the report of “Special Independent Review” as directed previously in all their directives.

When it come to semantics, fairness always work both ways.

TheEdge was also very prompt in reporting the recent downgrade of SD’s rating to CCC- based on results for the period ending 30th June 2021, knowing full well, SD had just concluded their press conference a few days earlier on taking KPMG to court.

If you wish to create history, you do not create bad ones while under your watch. And if your watch is based off events happening 3 months ago, then you are as good as a history teacher. A history maker looks at the current and future. There is no value because the past cannot be changed but the future can be created.

News of the future is what matters.
.

.
A monumental and morale boosting achievement by SD. Re-rating agencies together with the consortium of financiers / fund managers / assets managers, have agreed that re-rating process can proceed. Well done SD!

@1st November 2021
Details of Key Action Indicators. Lets run the show for the better of SD.

COMPLETED ACTIONS FROM DETAILS BELOW
- Restructure company to greater heights - more contracts/projects, focus on customer.
- Founder's legacy 1 - removed margin call risks till 10 sen and before completion of SIR.
- Manage cash flow and forecasts.
- New financing initiatives will not involve Private Placement. and Rights Issue.
- EY will provide finalised SIR to Bursa.
- Bursa to request SD to announce SIR findings.
- Complete 2020 audit and annual report as planned.
- Complete 30/9/2020 QR within time frame or earlier (1st draft out by 21/10/2021).
- Group meetings with asset / fund managers together with re-rating agencies. Initiate re-rating process..
- Meeting with current financiers. Initiate re-rating process.

=====================================================================
OUTSTANDING / ON-GOING

Shareholders' Mandate
- Founder's legacy 2 - restructure founder shareholdings to focus on future strategy, finance, legal - in progress

Business Development
- Re-engage lost and new customers and continue to win more contract/projects - in progress
- Provide more innovative and new products and services to customers world wide. - In progress

Operations / Project Management / Procurement
- Continue focus on delivering continue safety, operational efficiency and cost effectiveness - in progress
- Continue to delivery on projects within customers expectations and satisfaction on time.

Finance
- Manage collections and expenditures - In progress

Governance
- Issues highlighted in forum will be dealt by SC/Bursa directly with forummers. SD will have no part in time wasting activities. - In progress.
- To deliberate offer by KPMG to resolve legal issue. - In progress.
.

.
This downgrade in rating was long ago determined with QR 30/6/2021 . Fitch is very backward looking. They have to go by the book anyway.

Anyhow, this is old news and what is monumental and morale boosting is what did happen after that.

Refer to SD key action plans for more information.

Note: Bursa and Fitch will not dictate what needs to be done, not even with suspension.
.

.
With reference to be below mentioned article, I wish to inform that SD will decline the generous offer in Budget 2022 unless Khazanah abides by the statement below (in substance and in form).

https://www.theedgemarkets.com/article/which-companies-need-khazanahs-rm3bil-help


A Statement of Action from the Supporters of CEO Karim and Serba Dinamik Berhad.

We have been aware and would officially state that we will deny and prevent the hostile takeover of Serba Dinamik Berhad through guerilla tactics.

We the mutual and institutional funds and retail investors in support of CEO Karim and Serba Dinamik Berhad would ensure that the current Board and Management and great team at Serba Dinamik Berhad would continue in the foreseeable future.

We will maintain more than 2/3 of overall share support for CEO Karim and Serba Dinamik Berhad.

Thank you.

PS : Using the regulatory bodies to force Serba Dinamik Berhad into a checkmate position for takeover will also be denied by us.

.
Social media is a blessing because it is an open diary to the minds of individuals screwed up nature. Some people think that they are on a pedestal of worship, when in fact, they carry the value of dirt, not salt. Time and time again they get rejected.

They cannot accept the fact they bring nothing to the table and gets emotional and bitter when they are not the gatekeepers of investor activism.

How naive to think that, when SD doesn't give a thought to the i3 forumers here, that any reports to Bursa/SC will be about them.

When in reality, their burner activism has yielded no results in investor activism.
.

.
Looks like AA/AAX will be the major beneficiaries of the G initiative.

Even cowdung prata gets the thumbsup from G.

Well, more burner action from AA activists.
.

.
A monumental and morale boosting achievement by SD. Re-rating agencies together with the consortium of financiers / fund managers / assets managers, have agreed that re-rating process can proceed. Well done SD!

@1st November 2021
Details of Key Action Indicators. Lets run the show for the better of SD.

COMPLETED ACTIONS FROM DETAILS BELOW
- Restructure company to greater heights - more contracts/projects, focus on customer.
- Founder's legacy 1 - removed margin call risks till 10 sen and before completion of SIR.
- Manage cash flow and forecasts.
- New financing initiatives will not involve Private Placement. and Rights Issue.
- EY will provide finalised SIR to Bursa.
- Bursa to request SD to announce SIR findings.
- Complete 2020 audit and annual report as planned.
- Complete 30/9/2020 QR within time frame or earlier (1st draft out by 21/10/2021).
- Group meetings with asset / fund managers together with re-rating agencies. Initiate re-rating process..
- Meeting with current financiers. Initiate re-rating process.

=====================================================================
OUTSTANDING / ON-GOING

Shareholders' Mandate
- Founder's legacy 2 - restructure founder shareholdings to focus on future strategy, finance, legal - in progress

Business Development
- Re-engage lost and new customers and continue to win more contract/projects - in progress
- Provide more innovative and new products and services to customers world wide. - In progress

Operations / Project Management / Procurement
- Continue focus on delivering continue safety, operational efficiency and cost effectiveness - in progress
- Continue to delivery on projects within customers expectations and satisfaction on time.

Finance
- Manage collections and expenditures - In progress

Governance
- Issues highlighted in forum will be dealt by SC/Bursa directly with forummers. SD will have no part in time wasting activities. - In progress.
- To deliberate offer by KPMG to resolve legal issue. - In progress.
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Nobody decides when the SIR is going to be released. Even Bursa.

Being stuck at a point in time, had detrimental effects on your personality and ultimately your work career, which again has been accurately predicted as uninspiring, un-motivational, panicky, lapses in rational judgement and blaming others

There are always those who want to power but have the accountability of a baby.

Being additionally doxxed in the process, only exemplifies the in-competence in real life.
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The worst move a company can make is by "doing nothing".

TF made a mistake, by playing management re-structuring and financial re-structuring without finding a way to move top line.

He chose to stay put by analysing all the time (which is a key feature of i3 forummers here too). What good are you if you have all the analyses but no execution? Zero. Na da.

Top line is very important, even in times of crisis. Had he volunteered to do logistics big time at a competitive price to keep things going, he wouldn't be in this predicament.

Unlike TF, CEO Karim has sought to move forward and not sit still, hence the SD key action plans. BAU.

After all, managements' role is to manage and strategise for the future. Analyses represent 1% of the real work. 99% is execution, which sadly, isn't addressed adequately in this forum.
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You should thank covid for it, otherwise, never in a million years, this will happen.

i3lurker example

Suiyee Sucker Bilis bought "living dead company" AAX at 10 sen now cut loss at 6.5 sen

soon AAX all sellers at 0.005 and zero buyers

thats a very good excellent example
02/11/2021 10:01 AM

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Please continue the good work. More help is needed in AA which seems to be getting a way with it.

02/11/2021 9:56 AM
Sslee For your information I was invited to two joint meeting with SC and Bursa at SC office to discuss my cases.

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Pearlwhite doesn't complain above i3 investors. Pearlwhite complains about BOD, hidden hands.

i3 investors are a waste of time, according to SD's key action plans.


Mon 11/10/2021 11:38 AM
[Case:SC2021-23xxx] Serba Dinamik Section 176 of CMSA - Stock Market Manipulation
Dear Sir,

Reference is made to the above matter.

Please be informed that your complaint has been reviewed by Securities Commission Malaysia (SC).

The matter has been escalated for further action, consideration was given to a range of factors, and action will be taken accordingly.

Please quote the above reference number in any future communications. In the meantime, you may contact us at 03-6204 8999.

Thank you.

Case Officer

Consumer & Investor Office
Securities Commission Malaysia

/rm
==============
[Case:SC2021-23xxx] Serba Dinamik Section 176 of CMSA - Stock Market Manipulation
Dear Sir,

We acknowledge receipt of your email dated 13 September 2021.

Your case has been registered as Case Reference SC2021-23xxx. Please quote this number for future communications. We will review the issue raised and will take appropriate action should it discloses any breaches of our laws or guidelines.

In the meanwhile, you may contact us at 03-6204 8999.

Thank you

Kind regards,

Consumer & Investor Office
Securities Commission Malaysia
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Here is some motivation for those 80% who have suddenly vanished. A little therapy to get things going.

Must keep up with SD who keeps moving forward........

A feel a little...
A little bit like I failed...
I am watching all my friends move on with their lives...
And they are all moving forward...
And it's like I'm stuck here...
Standing still...

https://www.tiktok.com/@_kbaybayy_/video/7014220266830056710?lang=en&a....=&is_copy_url=1&is_from_webapp=v1
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Oct 28, 2021 2:42 PM | Report Abuse

As for [Case:SC2021-23643] - RE : Serba Dinamik Klse i3investor - Reports of Fraud accounting, I will post SC's response later when SIR is out.

Suffice to say, it will definately break the hearts of leno and psai3alert. So much efforts put in.

I wish to state that despite pressing for more explanations from SC, I was denied to SC's findings.
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