If serbak wan 2nd chance , then bring the price back up to rm 1. Investor also deserved a 2nd chance. Karim hear this.

Agreed

https://www.theedgemarkets.com/article/ag-says-decision-compound-serba-dinamik-executives-based-circumstantial-evidence-against?type=malaysia

Just to pin SD down , need until to condem the world by war meh .

Chnage of management is inevitable . That's the compromised with the Agc . Eagerly waiting for the announcement.

We are here because we owned SB shares . If that's what it takes to lift the suspension and to prevent a nose dive when it does ..so be it. No doubt this is a crook ship..but we are on it.

Protecting interests of aggrieved investors the way forward

https://www.freemalaysiatoday.com/category/opinion/2022/04/13/protecting-interests-of-aggrieved-investors-the-way-forward/

Totally agreed with miao maio7 comments . Karim did it with the whole intention to burn all of us until the very last minute . God will judge him .

Well said neohts . Agreed . This is definitely not the time to show how smart you are and be a hero . As if all your investment were 100% wins before .

neohts For those does not have any share, you won't understand. For those still holding, they are still hoping for the best which you all don't understand. The one without brain is the one keep writing thing that doesn't help anymore.
10/01/2022 1:46 PM

Karim the conman . You have been using or rather abusing the word 'rest assured' very often on your address to the pubic recently . Well , let me tell you something, we are not assured of anything and you have lost that moral ground to assure us . Tell it to your childrens if you have any . They may be gullible to take your assurance . So stop all your role play with the market. Admit defeat , resign and let a new righteous management to do the clean up .

#"Painful and tedious as it seems, rest assured that we are not going to lie face down to admit defeat. History has proven that turbulence times do bring the best out of people - the way Japan rose from the ashes of the Hiroshima and Nagasaki atomic bombing to be a developed economy in such a short time span has inspired us to emulate such feat." - Mohd Abdul Karim Bin Abdullah
06/01/2022 10:55 PM#
07/01/2022 7:46 AM

Serbak wan us to eat dinner peacefully first . Scared later see report terus x mau makan 2 hari. AR after dinner la

If pak Karim has a way , he would have used it 6 months back lah Kawan .is it exactly this thinking that supporters in the past kept averaging down thinking he has a way. The only way he has now is an expressway to sg buloh and rot in there .
Stay cool. Pak Karim has a way. Sit tight
30/12/2021 10:31 PM

By The same bangsat who also claimed that 'we didn't do anything wrong', AR will be ready by Oct though they have the option to extend it to Nov , now agm ? Karim , SB .. stop the spin . We wan a Date on the proposed agm.

Now , let's all SD holders look for Karim and hand him over to the authorities . He needs to be punished for having the real agenda of cheating until the very last moment just right up to suspension

Totally agreed with you insider shark . 100% spot on . That's why someone needs to go to jail because of this .

InsiderShark @dimmubroker

Coz misleading people to average down, like how Karim is so positive on the outcome of the SIR and kept on saying 'done nothing wrong' and BAU, what happened is many retailers went and average down thinking it is some misunderstanding, when in fact Karim cooked the books.

That's what I've been saying. In biz no one can blame you if and when you lose money cause thats part and parcel of biz risk. But to deliberately lie , trap investors which supported and believe in the management in particular Karim until the very last moment is really over the line of scumbag that must be punished to the max .

Muhfiq asked qustion like reading from a book. Macam Shok sendiri kadang kadang . Kelakar.

Tangkapkarim

josephn Bumiputera company too many corruption, bribe among employee, and money laundering from Islamic country
27/11/2021 6:43 PM

Couldn't agree more . The states run by them , the politicians among them. All doesn't have substance but want easy money ..a big disgrace . Memalukan !

Tangkapkarim !

Tangkap Karim

Tangkap Karim

As investors we can accept when a company make loses . Because that biz. But to intentionally trying to trap , cheat , lie and con by saying in oct that the AR is ready but SB has the option to extend to Nov that is deliberately lying to the highest order . And then just before suspension he tried to trap more until the very last minute by buying a mere rm 350k SB shares hence creating an impression that he is supporting. This is a blantant con job to the highest level to trap more. I say bring Karim and his goons to Justice.

risingstar21 But i don't think Johor Sultanate want to involve with SD.

They have many more good businesses in hand
24/11/2021 7:33 PM

I seriously don think their meeting today is to say hi over a cup of tea only . HRH Sultan is a very up-to-date guy and smell opportunities easily .

If there is 1 person that can save SB now , That person will be the most powerful man and richest Sultan in Malaysia ..HRH Sultan of Johor. Lets see

Could it be serbak's biz and current account is with public bank ?

Tomorrow right ?

onator drag so long time...sure bad news...
10/11/2021 3:42 PM.

To me they drag so long sure got issue to settle BUT in the end might not be bad news . There is a diffence. Anyway we all can only now wait for SB to open it's last card . Not like trading is allowed .:)

I take it as positive news in scib . In order to start with the right sentiment , cleaning process ought to start and mistake acknowledged. Investor appreciate certainly and transparency. Serbak your turn now.

Majority want suspension uplifted with SIR. Cause only a reasonable SiR can give SB a good opening price. No SIR by court order won't help . We wan good solid uptrend momentum upon opening

KUALA LUMPUR: Serba Dinamik Holdings Bhd has no intention to delay the release of its special independent review's actual findings update as per the impression painted by Bursa Malaysia last Friday (Oct 22).

Serba Dinamik said what really transpired was that three of its independent non-executive directors had attended the presentation by the special independent reviewer Ernst & Young Consulting Sdn Bhd (EY) on Oct 21 in the presence of representatives from Bursa.

However, with the briefing being "a preliminary finding which was inconclusive", the directors said EY had not reached any conclusion, hence certainly not for them or anyone else to second guess them.

"At the moment, everything is very much work-in-progress and in piece-meal basis, hence it's very inappropriate to release the findings which otherwise would further cloud the achievement of our target rather than to resolve the problem at hand," they said today.

"As this was only a preliminary findings, there was no copies of handouts or materials being circulated during the presentation ... moreover, it was meant to be that way.

"The task of the SIR is to arrive at a conclusion as to what should be on the financial statements and what value could fairly be stated on the financial statements. On Oct 21, EY did not suggest that they were in a position do so."

The trio were shedding more light into Serba Dinamik's response to Bursa yesterday that there were no documents or copy of any documents that fit the description of "Factual Findings Update as at Sept 30, 2021" given to the independent directors as of Oct 22

In its statement on Oct 22, Bursa claimed that findings from the special review as of Sept 30 had been communicated to three out of four of Serba Dinamik's independent non-executive directors on Oct 21.

This led to the market regulator issuing a directive to Serba Dinamik to, among others, make an announcement on the findings from the factual findings update by today (Oct 26).

Bursa also ruled that Serba Dinamik's stock trading suspension from Friday's afternoon session would remain indefinitely until the company revealed the findings from the factual findings update.

In its letter to Bursa yesterday, Serba Dinamik further justified that its terms of engagement with EY dated July 2:

* Has provided that no work products will be distributed to any parties including the regulators before and/or after the status update; and prohibits any quoting or references to any report, any portion, summary or abstract thereof; and

* any documents or report from EY does not fall within paragraph 9.03 and 9.35A of the Main Market Listing Requirements.

In essence, Serba Dinamik contended that "EY is still in the midst of performing the special independent review".

Very broadly, Serba Dinamik's stance in its letter to Bursa yesterday suggested that there appeared to be a significant gap as to what the latter had understood and what the directors had comprehended with regard to the event of Oct 21.

In a related development, Serba Dinamik noted that Bursa had via its letter dated Oct 25 approved its application for a one-month extension from Oct 31 to Nov 30 to issue its Annual Report 2020.

The report comprises its annual audited financial statements together with the auditors' and directors' report for the financial period ended June 30, 2021.

Serba Dinamik was last traded at 35 sen at the close of Friday's midday trading prior to the trading suspension of its shares and warrants. This gave the company a market capitalisation of RM1.31 billion.

https://www.klsescreener.com/v2/news/view/899851

Totally agree with you unclefollower . It was confusing even reading the 4th time. Bursa really need to forward us some clarification as they are partly to blame in round . As I understand it eventually ..as at 30/9 means the report/ investigation only covers up till this date . It can also imply that it is not a completed one and the investigation is ongoing .

Nobody expected this coming from SB. We all talked about either good , bad or they might not response hence a delay . But ..a what report ? We didn't receive any report hit most of us like an incoming train. Let's see how far can SD play on .

Serba Dinamik presses on despite suspension of trading on Bursa Malaysia

https://www.freemalaysiatoday.com/category/highlight/2021/10/23/serba-dinamik-presses-on-despite-suspension-of-trading-on-bursa-malaysia/

Yes. Hle down

Cleaning up starting it seems to try to regain back some market confidence

https://www.theedgemarkets.com/article/serba-dinamik-restructures-appoints-mohamed-ackiel-new-deputy-ceo?type=malaysia

Some sengaja cari pasal by saying it's weird , something not right . Today's price is 0.335 la and not 1.60 . The question is has the current price Already factored in all these weird and something not right.? If yes... Tomorrow green lor . Investor only wan some form of closure and certainties . Not 100% but ateast it's heading that way haha.

Kurang Asam punya Anson ! Give us rollercoaster ride

I heard among the audit circle friends that the report is not perfect for serbak but at the same time not damaging enough to justify current price below 40 sen. .

SD or Karim might have made some mistakes or maybe not . Regardless , we expect SD to clean up the mess and move forward. We are not interested whether they got play dirty or not . Which com dare to claim they are 100% straight ? So what we want and hope they are able to clean it up especially is already a 'Soalan bocor' what ey will check.