Posted by Benhobenhobenho > 2021-11-24 21:41 | Report Abuse

@Hotstuff, never say things which did not happen n may not happen. No good bro. This can be a slander n cause u to be in trouble.

Posted by kfbusjd > 2021-11-24 22:30 | Report Abuse

see the news at serba. this time the independent directors resigned because not agreed with bursa not karim.. anyhow its not a good news..

Posted by Legend > 2021-11-24 23:11 | Report Abuse

Abdul Karim sells 4.6% stake in KPower at below market price for RM10.38m
KUALA LUMPUR (Nov 24): Serba Dinamik Holdings Bhd group managing director and chief executive officer Datuk Dr Mohd Abdul Karim Abdullah has sold 25 million shares representing a 4.606% stake in KPower Bhd, formerly known as Kumpulan Powernet Bhd, at below market value.

According to the company's bourse filing, the shares were sold via a direct business transaction. The purchaser was not specified.

The 25 million shares were sold in two separate occasions, with the first tranche of 21.25 million shares sold on Tuesday (Nov 23) at 40.9 sen per share. The remaining 3.75 million shares were sold on Wednesday at 45 sen per share. KPower shares settled at 56.5 sen on both days.

The sale of those shares for about RM10.38 million in total has trimmed Mohd Abdul Karim's stake in KPower to 15.226% comprising 82.65 million shares from 19.832% or 107.65 million shares previously.

At the closing price of 56.5 sen apiece on Wednesday, Mohd Abdul Karim's stake in the renewable energy contractor is worth around RM46.7 million. The group now has a market capitalisation of RM307 million.

Just about a month ago on Oct 21, Mohd Abdul Karim sold his entire 55.9 million warrant holdings in Serba Dinamik, which represented about 6.34% of the group's total warrants, at near record low prices, only to purchase one million shares in Serba Dinamik a day later.

The share trades of Serba Dinamik, together with Sarawak Consolidated Industries Bhd (SCIB) — two companies that Mohd Abdul Karim is actively involved in — have been suspended recently. Serba Dinamik's suspension, since Oct 22, was due to its failure to provide an update on its ongoing special independent review regarding some accounting issues, while SCIB was suspended from Nov 9 due to its inability to issue its annual report within the stipulated time frame.

Year-to-date, KPower has declined by 69.06% from its Dec 31, 2020 price of RM1.81 per share.

Posted by bojed > 2021-11-24 23:51 | Report Abuse

Does this mean the new chairman, who was also one of Serba's INEDs before this, agrees with bursa?

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kfbusjd see the news at serba. this time the independent directors resigned because not agreed with bursa not karim.. anyhow its not a good news..
24/11/2021 10:30 PM

Posted by linheng > 2021-11-25 04:10 | Report Abuse

23
NOV
DYMM Sultan Ibrahim Ibni Almarhum Sultan Iskandar berkenan menerima menghadap Dato’ Dr. Ir. Ts. Mohd Abdul Karim di Kuala Lumpur
SERBADINAMIKNEWS

Posted by linheng > 2021-11-25 04:10 | Report Abuse

New Share holder?

Posted by Sneakpeek > 2021-11-25 06:27 | Report Abuse

why suddenly sales jump from RM 14mil+ in 2019 to RM386m in 2021..same pattern like SCIB ..are all the sales legit?

Posted by newtrader1989 > 2021-11-25 09:13 | Report Abuse

Will Go to fair value as determined by Dato Konrim.

Posted by Karlos > 2021-11-25 10:08 | Report Abuse

@Sneakpeek. Just look back at previous comments and use your own wise judgement!

Posted by shpg22 > 2021-11-25 11:09 | Report Abuse

Tak lari mampus

Posted by Trader258 > 2021-11-25 11:57 | Report Abuse

You're not invited to to this BS meeting..??

.....................................................................
linheng 23
NOV
DYMM Sultan Ibrahim Ibni Almarhum Sultan Iskandar berkenan menerima menghadap Dato’ Dr. Ir. Ts. Mohd Abdul Karim di Kuala Lumpur
SERBADINAMIKNEWS

Posted by yingzhe17 > 2021-11-25 15:08 | Report Abuse

Sell before suspension

Posted by newtrader1989 > 2021-11-25 15:09 | Report Abuse

Pity those trapped despite several times warning

Posted by izoklse > 2021-11-25 15:11 | Report Abuse

why his meeting the most powerful ruler in Malaysia ? DYMM Sultan Ibrahim Ibni Almarhum Sultan Iskandar.

Posted by josephn > 2021-11-25 15:37 |

Post removed.Why?

Posted by yingzhe17 > 2021-11-25 16:28 | Report Abuse

Another karim owned company going to karam

Posted by CUTLOST > 2021-11-25 16:43 | Report Abuse

Wow..Kpow,scib,SD will be the Next....? Genetec or Fintec

Posted by izoklse > 2021-11-25 17:22 | Report Abuse

Is Johor royal coming in ? wow ....very interesting to see karim meeting the sultan which regarded as one of the most powerful and influential ruler in Malaysia.

Posted by Flying Fox > 2021-11-25 18:57 | Report Abuse

Karim was willing to sell his shares @ 0.409, way below current market price of 53c, very bad sign

Posted by Leoleo > 2021-11-25 21:30 | Report Abuse

Shop lot company

Posted by shpg22 > 2021-11-25 22:26 | Report Abuse

Tin kosong company

Posted by izoklse > 2021-11-26 00:59 | Report Abuse

Personally i hope he sell everything so that KPOWER can move forward without Karim.

Posted by Legend > 2021-11-26 07:53 |

Post removed.Why?

Posted by newtrader1989 > 2021-11-26 09:40 | Report Abuse

I hope today break into 40s and below 30s by next week until reach fair Value 20c

Posted by newtrader1989 > 2021-11-26 09:50 | Report Abuse

Pity those trapped at 0.58. fair value is only below 20c

Posted by Trader258 > 2021-11-26 10:39 | Report Abuse

It's no surprise if Karam is cashing out before he loses his pants...

Posted by shpg22 > 2021-11-26 10:43 | Report Abuse

Once a thief, always a thief

Posted by alenac > 2021-11-26 10:46 | Report Abuse

At this juncture, I don't think the transfer of shares are for ownership transfer but rather safe keeping for the Chef before banks go after him for suspended Serbak shareholdings loans. Will another fast one be done on Sardines here?

Posted by newtrader1989 > Nov 26, 2021 9:50 AM | Report Abuse

Pity those trapped at 0.58. fair value is only below 20c

Posted by Yu_and_Mee > 2021-11-26 10:47 | Report Abuse

start to drop. Beware.
if decision made to hold, then be firm.

Posted by yingzhe17 > 2021-11-26 11:58 | Report Abuse

Another counter that will be suspended soon

Posted by WongCapital > 2021-11-26 12:43 | Report Abuse

Kencing power

Posted by newtrader1989 > 2021-11-26 12:44 | Report Abuse

The most goreng quarter of all time is about to be released

Posted by newtrader1989 > 2021-11-26 15:02 | Report Abuse

Haha I already warned, when konrim selling at 40c, there is no way the price can sustain above 50c. He already knows the actual fair value is 20c. He already sell at 100% profit

Posted by leno > 2021-11-26 15:31 | Report Abuse

Karam Power

Posted by newtrader1989 > 2021-11-26 15:38 | Report Abuse

Very overvalued at current price. Konrim already out with 100% premiumk

Posted by Raiz368 > 2021-11-27 14:48 | Report Abuse

Based on bad sentimen on Karim Grp Company, current covid situation and trumble on regional mkt so the price will fall below 40 cent

Posted by OldWiseMan100 > 2021-11-27 15:11 | Report Abuse

Today's TheEdge
EY's findings are the same as KPMG,
there are frauds.
Fake invoice, fake accounts, fake companies, fake projects, fake people, fake profit, fake revenue....

GG to those that averaged down and believed in Karim.

https://ibb.co/6r4zGRV

Posted by Legend > 2021-11-27 15:27 | Report Abuse

Tutup kedai saja la...kasi susah semua orang!

Posted by NatsukoMishima > 2021-11-27 17:12 | Report Abuse

Kpower sure will be same fate like sd,scib ! Delisting is the only way !

Posted by Ccf2020 > 2021-11-27 17:38 | Report Abuse

Why Kpower wil delist? External auditor n ined alr ok wil d AR.
Maybe later u Wil receive news that Mr K resign as chairman to avoid bad influence on Kpower.
Haha
Why influence pt to sell in v bad condition rather than sell after d panicsell is over

Posted by Jenny > 2021-11-27 17:57 | Report Abuse

哼！ Karim 大骗子！原来真是假账！废物一个。之前还一直给假希望散户，相信他的人已经被他害惨了

Posted by Eastern686 > 2021-11-27 18:24 | Report Abuse

控它上法庭!

Posted by josephn > 2021-11-27 19:23 | Report Abuse

Better run now before too late, Karim bad reputation will affect this company as well

Posted by newtrader1989 > 2021-11-27 23:23 | Report Abuse

I already advised on the fair value long long time ago

Posted by izoklse > 2021-11-27 23:34 | Report Abuse

aper la ko mengarut ni. semua kaunter jatuh last friday because new variants c19. monday pun akan jatuh. yang ko cakap pusing2 fair value ni aper ni ngarut ni.adeh.

Posted by KL1900 > 2021-11-28 11:31 | Report Abuse

:D

Posted by hantamking > 2021-11-28 20:08 |

Post removed.Why?

Posted by yingzhe17 > 2021-11-29 08:58 | Report Abuse

Karim lari, you tak lari ke ?

Posted by newtrader1989 > 2021-11-29 09:22 | Report Abuse

On the way to fair value fast and furious haha. Aaaw trapped at 0.58???

Posted by Yu_and_Mee > 2021-11-29 18:13 | Report Abuse

where it came, where it goes