Heavy buying volume and price down & vice versa... Same pattern.. Hahaha

看起來還不錯。我最壞的打算是整個MPA的項目會註銷一次過的虧損.

MPA 這個項目已經延遲了兩三年. 如果明年能正式開始營運就已經算不錯了.

Heavy buying volume and price down & vice versa... Same pattern.. Hahaha

Habis cuci?

Thoroughly cleaning... soaking, rinse out, and removing.

Agreed with Calvin 882. Uptrend remains intact.

Luckyboy88. Not the first time bickering with him judging from the way of his responses in this forum. I know who he is. Hahaha

SD has replied to Bursa queries today and nothing to update SIR status since EY hasn't completed yet... So SD share resume trading tomorrow?

Today, SD replied to Bursa queries only. SD has not issued any status update in its announcement like the heading of the announcement:

Serba Dinamik Holdings Berhad - Status Update on the Special Independent Reviewer

Bursa Bursa...lol

All parties are playing 'tai zhi' drag more time for Karem. Lol

Bursa and SC don't have any details SIR from EY yet...the SIR is solely provided to SD's independent directors. Status Update is done by SD in announcing to the public according to the listing requirements. Bursa and SC know nuts. Hahaha

a) has provided that no work products will be distributed to any parties including the regulators before and/or after the status update;

What is 'after the status update? Very very deep...

a) has provided that no work products will be distributed to any parties including the regulators before and/or after the status update;

We refer to the announcement dated 22 October 2021 with regards to the notice given by Bursa Malaysia Securities Berhad ("Bursa Securities") to the Company.



The Company had on 25 October 2021 written a reply to Bursa Securities. Below are the salient points from our letter to Bursa Securities:



1) There were no documents or copy of any documents that fit the description of “Factual Findings Update as at 30 September 2021” given to the Independent Non-Executive Directors as at 22 October 2021.

2) The terms of engagement between Ernst & Young Consulting Sdn. Bhd. and the Company dated 2 July 2021:-

a) has provided that no work products will be distributed to any parties including the regulators before and/or after the status update;

b) prohibits any quoting or references to any report, any portion, summary or abstract thereof.

3) Any documents or report from Ernst & Young Consulting Sdn. Bhd. does not fall within paragraph 9.03 and 9.35A of the MMLR.



Ernst & Young Consulting Sdn. Bhd. is still in the midst of performing the Special Independent Review.



This announcement is dated 25 October 2021

Ernst & Young Consulting Sdn. Bhd. is still in the midst of performing the Special Independent Review.

LOL

Announcement of unfavourable SIR would cause all stakeholders of SD diarrhea. Suspension at closing market price 35 cents is much better option.

Slow slow motion and give Karem more time to cover the hole before a forensics audit is carried out.

SC and Bursa can do nothing to SD other than suspending share trading activities. SIR is not a forensics audit looking for evidence for charging people in the court. You can't say the management did something wrong illegal without the evidence from the independent forensic audit. It's merely an independent audit. Not really a big deal.

No legal investigations is carried out in SD.

Negotiate with them to find out the best reasons of delaying for the sake of stakeholders. They know already the real situation la.

If the unfavourable SIR is announced, it would checkmate Karem...

The best solution is suspension of trading for few years...more time is needed for Karem to sort out the problems.

If the unfavourable SIR is announced, everyone lousai.. Very scary...

As mentioned, there are many stakeholders of SD would be seriously affected. It is not only impacted shareholders.

If i were Karem, i would delay as long as possible...May be few years. It takes time to sort out all these problems and restructuring the group to rescue the situation. If not, every stakeholders of SD would be heading Holland.

If SD does not announce the unfavourable SIR, at least the bankers won't force SD to repay borrowings early... There is a chain effects.. Very headache one.

What are the reasons can be used for delaying the announcement? BOD meetings, covid cases, time to sort out the issues internally...

If the unfavourable results is announced, every existing shareholders of SD will go Holland... Stakeholders (Bond holders, banks, suppliers...) will be suffering...it would prompt the minority to go for court cases and seeking forensic audits.. No ending.

What would you do if you were Karem? Announce fast for favorable investigations results. If the situation is unfavourable, look for all sort of reasons to delay the announcement as long as possible.

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CAHYA MATA SARAWAK BERHAD

Date of change 07 Aug 2021
Name DATO ISAAC LUGUN
Age 64
Gender Male
Nationality Malaysia
Designation Non Executive Director
Directorate Non Independent and Non Executive
Type of change Retirement


CAHYA MATA SARAWAK BERHAD

Date of change 08 Jul 2021
Name DATO ISAAC LUGUN
Age 64
Gender Male
Nationality Malaysia
Designation Non Executive Director
Directorate Non Independent and Non Executive
Type of change Others
Description Retired as Group Managing Director and redesignated as Non-Independent Non-Executive Director with effect from 8 July 2021.
Qualifications

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We refer to the Company's announcements on 5 May 2021, 3 June 2021, 8 June 2021 and 2 August 2021 on the suspension of Mr Syed Hizam Alsagoff, the Group Chief Financial Officer of the Company and appointment of KPMG Management & Risk Consulting Sdn Bhd ("KPMG MRC") as the independent consultant to review the financial management of certain investment and contracts. Whilst KPMG MRC has completed its reports, the legal investigations of the said investments and contracts are still ongoing. The Company expects the complete results of the review to be announced by the end of October 2021.



Noting that the contract of Mr Syed Hizam Alsagoff as the Group Chief Financial Officer of the Company ends tomorrow (31 August 2021), the Board has today decided for the Company's General Manager, Group Finance, Madam Tan Mei Fung to continue as Head of Finance pending the recruitment of a new Group Chief Financial Officer.

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SPM guys also understand the Bursa announcements news... You don't understand ah? Boy boy.

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If you are handsome enough, people might get closer to measure and counting. If your look is so so...i don't know what would they do. Hahaha

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OM Materials Sarawak contributed almost of the entire PBT in OMH's Smelting segment starts at 1:32:20

OMH interview... Information about OM Materials Sarawak starts at 25.4

https://youtu.be/jR23hdYt-ao

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