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5 comment(s). Last comment by observatory 2022-01-22 02:09
Posted by DonLee > 2022-01-21 13:52 | Report Abuse
promoter make up a lot of story. the fact recently trade receivable impairment few hundred of millions tell the fact that the account is manipulated.
Posted by Trader2 > 2022-01-21 19:23 | Report Abuse
Conman company with falsified accounts...
Posted by observatory > 2022-01-22 02:04 | Report Abuse
A story to give the impression that a national conspiracy is going on.
A conspiracy that involves Bursa, KPMG, EY, EPF, KWAP, PNB and many more.
A conspiracy to wrest control of Serba Dinamik, a company that was worth just a few billions even before the current saga.
A company that is probably in negative equity by now, after defaulting on a mere USD6.5 million debt interest payment.
A national conspiracy to wrest control of a company that probably does not even have enough to repay its creditors?
Posted by observatory > 2022-01-22 02:09 | Report Abuse
Anyone who still find the story believable may also enjoy this other story
https://www.amazon.com/LBJ-Mastermind-Assassination-Phillip-Nelson/dp/1620876108
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Good Articles to Share
The 'Fast Money' traders share the stocks they are thankful for this holiday season
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Good Articles to Share
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
fattydad
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Posted by fattydad > 2022-01-21 13:41 | Report Abuse
There is no need to spend so much effort to analysis. Serba missed coupon payment of $7m. This tell a lot.