The creditors are pissed off with the arrogant and uncooperative attitudes towards external auditors and market regulators etc to create such a mess as at to date. SD 's reputation has been severely tarnished to the maximum in the eyes of investors local and abroad . The Creditors are of the view that it is going to be very difficult for SD to revive in a million years
Given that scenario, the Creditors are unlikely to accept the scheme , which is reflected in the market now
Is he professing Buddhism or any other religion apart from Islam? According to Bosskuku in one of the UMNO AGM, any race which professes Islam is a Malay and a Bumi. It doesn't matter Chinese, Iban, Murut, bugis, India, Bangla, Paki or Turkey or Mat Salleh.
If MOF bail up serba-dick, I think the whole world will laugh at Malaysia.. because this will give a perception that Malaysia is encouraging company to falsifying their company account to cheat shareholders..
Promoters used to defend sd from fake accounts, now no more, comes what may as long as they can dance, thats how we do it boys...it is halalan toyyiba. Or was it haram from cheating? Shameful promoters. Kah kah well a classic bees vs flies.
Only solution to save serba is to changed Karim and his con-man gang. This is only way to give confident to investors and bankers. No matter what sort of scheme from Karim and his con-man gang, would you still believe the person who cheating in the account?
Serba-dick already identify Assets that could be disposal or sell which enough to cover for loans ? If serba-dick really have such assets, why have to wait until bankers asked? I think mostly likey is another scam from Karim and his con-man gang to entertain bankers.
In this urgent situation, still have time to say I have this and that..haha.. just sell those assets immediately and repay loan defaults to bank. Karim should stop talking and do action.. Only fools will still believe Karim. Only solution is Karim let go his control over serba.
Serba Dinamik MD Abdul Karim shaves stake to 20.83% after force selling of 5.15 million shares. KUALA LUMPUR (May 23): Serba Dinamik Holdings Bhd group managing director (MD) Datuk Dr Mohd Abdul Karim Abdullah's stake in the oil and gas service provider has slipped to 20.826% — 772.57 million shares — after the forced selling of 5.15 million hares.
A bourse filing on Monday (May 23) showed that Mohd Abdul Karim was forced to sell 5.15 million shares — 0.139% equity interest — at 15 sen a share on May 20.
On May 18, he was forced to sell 9.66 million shares or a 0.26% stake in the group at 15.8 sen apiece, according to a filing on May 19. Prior to the latest forced disposals, his stake in the company stood at 21.225%.
Calculations done on the back of an envelope showed that the forced selling of the two blocks of shares translated into RM2.3 million.
This latest round brought the total number of shares he has been forced to sell to nearly 250 million, since he was first forced to pare his stake in the group on June 28 last year.
not sure future of SERBADK. sp been drifting and no ending. on the other hand, Dayang slowly climbing back up. share price been depressed for so long, despite rising oil price. been adding some mother shares. looking at cheap warrant, Dayang C19 warrant also looks very cheap and bargain !!
Noted into Diary of sucker bilis..... Monday - bought at Green 145c, closed at 11c.........buy, buy more tomorrow Tuesday - Buy, buy, buy...and use EPF 10K Wednesday - Buy again, still buying.......huh?.........Tahi !!!
Every sucker bilis deserve similar fate.........buying and pouring in free money from gobermen.
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....