SERBA DINAMIK HOLDINGS BERHAD

KLSE (MYR): SERBADK (5279)

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Last Price

0.02

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

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0


29 people like this.

108,949 comment(s). Last comment by Vicky 3 weeks ago

topan

4 posts

Posted by topan > 2021-10-22 21:27 | Report Abuse

Limit up

powerup89

1,694 posts

Posted by powerup89 > 2021-10-22 21:27 | Report Abuse

Macam meriah je sini..hohoho...apo cerita.....open big fly?open small die?hohoho

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-10-22 21:28 | Report Abuse

Once show the bad report on the false account, the bank will throw the director mobage share like shit to take back their money, the share price mostly will open trade below 0.20.

topan

4 posts

Posted by topan > 2021-10-22 21:28 | Report Abuse

Bursa asked serba to release sir this tuesday

Honesty

1,020 posts

Posted by Honesty > 2021-10-22 21:30 | Report Abuse

Orang utan ni got angry~~ Nvm, i belanja you banana so that you feel a bit better !! LOL
Bandar bukan utk org utan mcm kau, you not used to the sophistication of city!! We understand

investorbat

1,431 posts

Posted by investorbat > 2021-10-22 21:30 | Report Abuse

@Interfund,he will not lari la,just spent 350k for nothing meh.Even if the SIR is bed,i guess SERBA still worth some money,their order book still in billions excluding those in doubt.Just my 2 cents

shybutter

624 posts

Posted by shybutter > 2021-10-22 21:31 | Report Abuse

So just wait at the end of this month.

Posted by izoklse > Oct 22, 2021 8:45 PM | Report Abuse

Thursday, September 23rd, 2021

https://themalaysianreserve.com/2021/09/23/serba-dinamik-looking-at-fa...

Mohd Karim said the independent review by Ernst & Young

Consulting Sdn Bhd (EY) into the issues raised by its former external auditors, KPMG Ltd, is ongoing and expected to be completed by October 2021.

“The report will be submitted to Bursa Malaysia,” he added.

The integrated oil and gas service provider appointed EY in July as its independent reviewer to assess the veracity of the audit issues raised by KPMG.

Its independent non-Eds have been receiving progress updates from EY on a biweekly basis, Mohd Karim said.



The above is taken from the news 1 month ago. Of course Karim told everybody already report will be submitted to bursa by end of Oct 2021 and that is why bursa released that directive. Aiyo.

kfbusjd

665 posts

Posted by kfbusjd > 2021-10-22 21:31 | Report Abuse

everything clear before next tuesday

Legend

4,119 posts

Posted by Legend > 2021-10-22 21:32 | Report Abuse

Saya faham apa yg leno katakan...haha

Honesty

1,020 posts

Posted by Honesty > 2021-10-22 21:33 | Report Abuse

The perfect plan of getting $$ from warrant to top up at mother bit by bit until end of the month before positive SIR result!!
But unfortunately, the authorities saw the intention and suspend!!
Why la !! now my fund no where to go and cannot capitalise on the good news!!

Gerrardo

630 posts

Posted by Gerrardo > 2021-10-22 21:33 | Report Abuse

Really?

Also insider news?

Posted by topan > Oct 22, 2021 9:28 PM | Report Abuse

Bursa asked serba to release sir this tuesday

kfbusjd

665 posts

Posted by kfbusjd > 2021-10-22 21:34 | Report Abuse

the only thing can do now is wait. cant buy or sell during this period until SIR come out. Goodluck everyone. Hope can come out with good result

Honesty

1,020 posts

Posted by Honesty > 2021-10-22 21:37 | Report Abuse

Let simplify, if good then buy and if bad then sell!!!
Ceo buy or sell mothershare ??

Posted by dianatrader > 2021-10-22 21:37 | Report Abuse

SD always meriah. Hihi

Posted by powerup89 > Oct 22, 2021 9:27 PM | Report Abuse

Macam meriah je sini..hohoho...apo cerita.....open big fly?open small die?hohoho

Honesty

1,020 posts

Posted by Honesty > 2021-10-22 21:38 | Report Abuse

dont complicate things ~~ be simple

Ppmaster

4,431 posts

Posted by Ppmaster > 2021-10-22 21:38 | Report Abuse

Kfbusjd, if investigation report is good, company direct no need to hold so long, so now is 99.99% bad report, 0.01% is good report. The first kpmg report is bad, kpmg is big 4 ,wont make mistake.

Posted by alieyasmart > 2021-10-22 21:39 | Report Abuse

Yes. This is the right one
Just wait for the SIR

Posted by kfbusjd > Oct 22, 2021 9:34 PM | Report Abuse

the only thing can do now is wait. cant buy or sell during this period until SIR come out. Goodluck everyone. Hope can come out with good result

amircesc4

335 posts

Posted by amircesc4 > 2021-10-22 21:39 | Report Abuse

Pelik betul. Yang bukan shareholders, menyalak kat sini kenapa? Kalau semua shareholders, aku faham lah.

Legend

4,119 posts

Posted by Legend > 2021-10-22 21:39 | Report Abuse

Masih ingat kisah Transmile...

taco89

202 posts

Posted by taco89 > 2021-10-22 21:40 | Report Abuse

Why bursa suspended the trading? From the market movement this morning it dumped all the way down after the negative impact of Karim disposal of all his warrants, then stabilize after strong support from 0.34 to 0.345, ended up Karim acquired 1m of shares at 0.35. Then trading suspended, and will be suspended until announcement out.

Honesty

1,020 posts

Posted by Honesty > 2021-10-22 21:41 | Report Abuse

Semua ni cheap skate trying to buat panic so they can come in with cheap ticket!!
To me, kalau u no interested then u dont even bother to comment!!
Tapi kenapa mereka comment lagi!! Memang pelik sangat atau maybe the best joker in disguise

Legend

4,119 posts

Posted by Legend > 2021-10-22 21:43 | Report Abuse

nak buy cheap ticket apa...counter pun sudah suspended...haha

DJThong

480 posts

Posted by DJThong > 2021-10-22 21:44 | Report Abuse

If it’s bad news why did he buy 1 mln shares still ?
Not a lot but why blow it if bad ?

solomolo

1,329 posts

Posted by solomolo > 2021-10-22 21:44 | Report Abuse

Jangan layan orang gila..beli saham serbadk pun tidak..meroyan jer lebih..LOL

leno

6,127 posts

Posted by leno > 2021-10-22 21:45 | Report Abuse

kesian,
dah nampak 2-3 ekor mula berfikiran celaru
cakap pun dah tak betul sudah.
Ini semua SALAH abang karem.
Abang karem tak mau umum hasil siasatan.

KArem oh KAREM !!
Ko sorok kat mana ni KAREM oiii !!
Hari Isnin umum ke tak umum ?

Legend

4,119 posts

Posted by Legend > 2021-10-22 21:46 | Report Abuse

kesian..sudah sangkut kat pucuk...otak celaru...haha

Posted by shortinvestor77 > 2021-10-22 21:46 | Report Abuse

Kindly be advised that Bursa Securities had today issued a directive to SERBADK to:

(a) make an announcement on the findings from the Factual Findings Update on the Special Independent Review by 26 October 2021;

(b) announce Bursa Securities’ directive immediately; and

(c) impose a suspension of trading on SERABDK’s securities on the next market day after the directive deadline, in the event of non–compliance to the directive.



Please refer to the media release by Bursa Securities dated 22 October 2021.

hiddenJ

113 posts

Posted by hiddenJ > 2021-10-22 21:47 | Report Abuse

someone is tricking karrrrrem to replace him

Honesty

1,020 posts

Posted by Honesty > 2021-10-22 21:47 | Report Abuse

mungkin ada orang suka tengok orang suffering because they are suffering too!! So it make them feel better because lain pun sama!!
Kesian nya

Posted by shortinvestor77 > 2021-10-22 21:48 | Report Abuse

交易所也意识到,该公司没有依据上市条例第9.03条文公布相关调查结果。

Posted by shortinvestor77 > 2021-10-22 21:48 | Report Abuse

吉隆坡22日讯)大马交易所提醒投资者,留意斯巴活力(SERBADK,5279,主板能源股)9月6日公所公布的特别独立调查结果。

大马交易所意识到,独立调查报告截至9月30日的最新结果,在10月21日只传达给4名独立非执行董事的其中3人。

交易所也意识到,该公司没有依据上市条例第9.03条文公布相关调查结果。因此,交易所已经指示该公司 在10月26日之前公布最新的调查结果、立即公布交易所下达的指示,以及若没有在限期内公布调查结果,便得继续暂停交易。

同时,交易所补充,斯巴活力在完成上述指示之前将继续暂停交易。上述指示是为了确保上市公司及时公布讯息,让市场透明地掌握资讯。

Posted by shortinvestor77 > 2021-10-22 21:49 | Report Abuse

Gone case.

Posted by OpporturnityHunter > 2021-10-22 21:49 | Report Abuse

lai lai lai, let me tell tell the story leh. First first, SIR is planned to release on next Friday. The, Pak Karem sold wa yesterday and today buy sikit, next monday sikit, next tuesday sikit, next wednesday sikit, sikit demi sikit, then can escape Bursa eye mah, buy sikit demi sikit mah. That is the reason didnt release SIR report early mah. Siapa know,, Bursa baca teknik Karem , terus kata, tak boleh trading, faham keh

risekita8

534 posts

Posted by risekita8 > 2021-10-22 21:50 | Report Abuse

Maybe can wait for next Sarawak's election

Posted by Yu_and_Mee > Oct 22, 2021 8:48 PM | Report Abuse

What will happen to SCIB and Kpower? I just share a thought, may be wrong. You need to decide for your own money.
If Serbadk really continue to suspend and end up delisting, SCIB will also soon become 0.050 because no more back mountain to give contracts and inject cash.
Kpower, I think will not be far away facing selling pressure. Many people say, Kpower is drive by another driver. But never forget, the basic engine of the vehicle was DK. Driver can seat in to drive but without the engine, how the vehicle move? Using legs walking method or asking you all to push from behind?
I mentioned few times, don't take this risk until result out. It's ok to buy expensive if a company can continue growing. Low price not mean cheap.
Moreover, PP and RIght issue will dilute the EPS. Please be smart

abang_misai

2,550 posts

Posted by abang_misai > 2021-10-22 21:50 | Report Abuse

Bursa sudah “sound” Karim. Don’t play play

Honesty

1,020 posts

Posted by Honesty > 2021-10-22 21:51 | Report Abuse

https://www.theedgemarkets.com/article/bursa-orders-serba-dinamik-reveal-factual-findings-special-independent-review-tuesday

KUALA LUMPUR (Oct 22): Bursa Malaysia has set Tuesday (Oct 26) as the deadline for Serba Dinamik Holdings Bhd to announce the findings of the special independent review, which addresses the audit issues flagged by its former external auditor, KPMG.

In a statement, the stock exchange noted that the findings from the factual findings update as at Sept 30, 2021 on the special independent review were communicated to three out of four independent non-executive directors on Thursday (Oct 21).

Following the statement, Serba Dinamik made an announcement to the local bourse on the directive issued by Bursa Malaysia.

Bursa suspended the trading of Serba Dinamik shares and warrants on Friday afternoon, and said the trading suspension will remain until Serba Dinamik makes an announcement in compliance with the directive.

Bursa Securities said the directive is given to ensure the audit issues highlighted by KPMG are addressed in a "timely manner and provide clarity to the market".

Serba Dinamik's former auditor KPMG had flagged some accounting issues relating to transactions involving more than RM3.5 billion. The audit dispute between Serba Dinamik and KPMG was made known to the investing public in May when the group announced that it wanted to commence an independent review on the audit issues pertaining to its statutory audit flagged by the auditor.

Its group managing director (MD) Datuk Dr Mohd Abdul Karim Abdullah has repeatedly stated that Serba Dinamik's management had done nothing wrong with regard to the audit issues flagged.

KPMG later resigned as the external auditor on June 24, following a suit by Serba Dinamik. The audit firm said that the suit had compromised its ability to independently continue to audit the company and discharge its professional duties.

Serba Dinamik then in July appointed Ernst & Young Consulting Sdn Bhd (EY) as the independent reviewer to assess the veracity of the audit issues raised by KPMG.

The group said the decision to appoint EY was on the back of discussions with the regulator.

The scope of works calls for EY to assess the validity and veracity of the transactions and balances on sales, trade receivables and materials on sites with respect to 11 identified customers, and to quantify any possible financial impact.

In August, Serba Dinamik appointed Nexia SSY PLT as its new external auditor.

Since the appointment, Serba Dinamik has yet to reveal any findings on the special audit.

At 12.30pm on Friday, Bursa Securities announced the trading suspension of Serba Dinamik shares and all structured warrants, effective from 2.30pm until further notice.

Prior to the suspension, Serba Dinamik fell two sen or 5.41% to 35 sen, valuing the company at RM1.31 billion. The counter was traded between 33.5 sen and 36 sen.

Despite the stock being traded for half a day only, it was the most-actively traded counter on local bourse with 105.18 million shares traded.

Notably, Mohd Abdul Karim had sold all of his warrant holdings although the derivative price was near record low before the trading suspension of the company shares was announced.

Based on the closing prices on the transaction dates, Mohd Abdul Karim is expected to have netted RM4.3 million from the divestment of the warrants he owned.

However, Mohd Abdul Karim bought one million shares or a 0.03% stake on Friday, bringing his stake in the oil and gas outfit to 21.225% or 787.38 million shares.

leno

6,127 posts

Posted by leno > 2021-10-22 21:51 | Report Abuse

Abang Karem, cepat lah keluar.
Kurang kurang, suaplah sikit harapan,
ucap ucap sikit kat media sosial,

Saya, abang karem,
sumpah atas nama taik kucing,
akan mengumumkan hasil siasatan,
pada hari Selasa, tepat jam 4 petang,
tahun depan.

Sekian,
yang menyumpah.
Abang karem ting tong.

Honesty

1,020 posts

Posted by Honesty > 2021-10-22 21:51 | Report Abuse

Judging time!!

hiddenJ

113 posts

Posted by hiddenJ > 2021-10-22 21:51 | Report Abuse

fights among ownership

madmatts

425 posts

Posted by madmatts > 2021-10-22 21:52 | Report Abuse

KUALA LUMPUR (Oct 22): In an interesting twist to the event, Serba Dinamik Holdings Bhd managing director (MD) and chief executive officer Datuk Dr Mohd Abdul Karim Abdullah bought one million shares or a 0.03% stake on Friday.

The filing with Bursa Malaysia did not reveal the transaction price.

The share purchase would have cost him RM350,000 based on the closing price of 35 sen.

Posted by kamirise360 > 2021-10-22 21:53 | Report Abuse

What is the confirm news?

Posted by armadatuah2017 > Oct 22, 2021 6:08 PM | Report Abuse

no need to speculate more...everything is confirmed. wait for these 2 days....

Posted by shortinvestor77 > 2021-10-22 21:54 | Report Abuse

No trading is allowed till SIR is published in Bursa announcement.

madmatts

425 posts

Posted by madmatts > 2021-10-22 21:54 | Report Abuse

Mohd Abdul Karim's stake in the oil and gas outfit increased to 21.225% or 787.38 million shares, according to the bourse filing.

Mohd Abdul Karim's stake is worth RM275.58 million based on the last closing price of 35 sen per share.

Posted by OpporturnityHunter > 2021-10-22 21:54 | Report Abuse

aiyoyo, siapa support not penting leh, hehehe. Yang penting, ada orang yang beli, siapa yang beli tak penting leh

--------------------------------------------------------------------------------------
Huatexpert IF CEO cant give confident to the market.... who can do it...
it he can fully cash out all warrant totally not left single unit, who will support ?
22/10/2021 9:51 PM

madmatts

425 posts

Posted by madmatts > 2021-10-22 21:56 | Report Abuse

Seem like something good @OpporturnityHunter

Posted by OpporturnityHunter > 2021-10-22 21:56 | Report Abuse

lai lai lai, if bursa didnt stop him, afternoon will be more. next monday, more more, a day after next monday, more more more leh
-------------------------------------------------------------------------------------------------------
Mohd Abdul Karim's stake in the oil and gas outfit increased to 21.225% or 787.38 million shares, according to the bourse filing.

Mohd Abdul Karim's stake is worth RM275.58 million based on the last closing price of 35 sen per share.

Just88

490 posts

Posted by Just88 > 2021-10-22 21:57 | Report Abuse

Think logically .....

If I have knowledge of the SIR.......

If it is good news, I will not hesitate to buy because I know the stock will limit up when the SIR is made public.

If it is bad news, there are few possibilities,

1) I can't do anything because I don't own any shares to sell.
2) I won't sell because I do not know the financial impact because the SIR does not quantify the impact.
3) I think the price is already low enough and have already reflected all the bad news.
4) I have lose so much that I m unwilling to cut loss.
5) The boss is still buying, so it can't be any worst. So, I stay with the boss.

And so on and so on.

The fact is that the SIR was ready on 21/10, but the price did not move up.

madmatts

425 posts

Posted by madmatts > 2021-10-22 21:57 | Report Abuse

Based on the closing prices on the transaction dates, Mohd Abdul Karim is expected to have netted RM4.3 million from the divestment of the warrants he owned.

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