Go on and dream, only 2% possibility of privatization at 35 sen. Billions to buy over and billions require for working capital unless Chef blew hot air over 18 billion contracts on hand.
Posted by Mabel > Oct 24, 2021 8:06 AM | Report Abuse
What is the duty and resposibility of independant non-executive directors? Is become company spokeperson and disclose "as seven other local contracts that have not been disclosed yet, amounting to over RM286.3 million" part of the job?
Truth is stranger than fiction, but it is because fiction is obliged to stick to possibilities; Truth isn’t
Serba Dinamik presses on despite suspension of trading on Bursa Malaysia
Lydia Nathan-October 23, 2021 3:14 PM
Meanwhile, one of Serba Dinamik’s newly-elected independent non-executive directors Johan Mohamed Ishak said the company’s priorities have been revised and right now, the welfare of stakeholders and employees must be looked after.
“Directors, independent ED’s and the audit committee need to be dynamic in looking into this, as well as other aspects of the firm. The ongoing business of the company has more importance than the audit issues themselves,” he said.
He added that Serba Dinamik has been actively securing contracts.
The company announced in August that through its Malaysian and Indonesian subsidiaries, it had secured 15 operations and maintenance (O&M), engineering, procurement, construction, and commissioning (EPCC) contracts.
It also had secured a contract from Hydro Village Private Ltd for a hydropower project in Nepal as well as seven other local contracts that have not been disclosed yet, amounting to over RM286.3 million.
“We have also bagged an EPCC contract via our wholly-owned subsidiary, Serba Dinamik International Ltd, involving the 57.3-megawatt (MW) Myagdi Khola Hydropower project in Nepal’s Gandaki Province, alongside other contracts from Gas Malaysia Distribution Sdn Bhd,” the company said.
While the auditing issues may have slowed down its business this year, Serba Dinamik has certainly not taken it lying down and is determined to get things back on track to greater success.
. The 1st half of the journey has been completed. On Tuesday, it will be known to all and there will definately be a tremendous amount of disbelief to many and vindication to a few.
CEO Karim is not out to prove that he is a winner, but what he wants is justice and fairness. Hence, please be patient.
However, the work is not complete and is far from over. Some of the key actions (you can refer to my chat history) remains unchecked, so we can look forward for greater times ahead. All will be sorted in due course.
. Ah! At last, someone noticed this!!! Finally. The wait was excruciating.
Another complaint to SC/Bursa perhaps?
Sslee What is the duty and resposibility of independant non-executive directors? Is become company spokeperson and disclose "as seven other local contracts that have not been disclosed yet, amounting to over RM286.3 million" part of the job?
The reason sebak REFUSE to release the SIR is obvious. The SIR will show that Sebak is INSOLVENT. Meaning BANCRUPT already.
With MASSIVE DEBT and Sub-ZERO cash Sebak is Dead.
Sebak will not release the SIR tomorrow. Sebak will not release the SIR on Tuesday, Wednesday, Thursday or Friday.
MARK MY WORDS.
U ALL BETTER GO viral these in E-MAIL, the edge, focus, malaymail, the star, the moon, facebook, twitter. U all MUST FORCE Karem to release the SIR , or else u will become the JOKE for leno to LAUGH at ... FOREVER, ......and EVER.
Sc should work hand on hand together with Bursa to detect any irregular trading activity and able to defence from syndicated fraud And corruption to their inner.
See, There are still over 64 suspicious counters which gorenged up to sky and thereon plunged deep in hell, and nonstop right issue.
Why bursa still no alert with this kind of super abnormal, why there is no collaborative approach from both Sc and Bursa.
Sc shud be able to act in lightning strikes not huha to the syndicated HQ office with the sydicators has all left already .
THERE IS NO FOLLOW THROUGH THEN ? WHY , BY TIME SC ARRIVED ONLY EMPTY OFFICE ? YYY
If u know the independent directors email or facebook, go scold them, maki them, or persuade them, by hook or crook, make them release the SIR. Go to their other companies website and ask about Sebak SIR. Let their other company staff aware of their directors are sebak directors.
Hang memang gigih la leno kondem dato..kegigihan anda tanpa ada rasa putus asa..pi bukak kompeni la bro..pandai sgt...ko ni kalo cari projek renovate tandas rumah orang pun belum tentu dapat.
The auditor’s objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes the auditor’s opinion.
Can SD challenge the SIR ? _______________________________
SD cannot challenge EY bcos there is No legal bidding....SIR release to Bursa And Bursa "didnT" release to Public. Instead Forced SB to release itself thereby excluding ANY legal issue....Madman can sue anybody
Hahaha.....leno, why r u hating Dato Karim that much....relax and chill la...Serbadk is still business as usual and Bursa Malaysia already gave their directive to Serbadk to announce the SIR result by Tuesday 26/10....so why huha huha....don't waste your energy so much....just wait for the date lol..
#leno The reason sebak REFUSE to release the SIR is obvious. The SIR will show that Sebak is INSOLVENT. Meaning BANCRUPT already.
With MASSIVE DEBT and Sub-ZERO cash Sebak is Dead.
Sebak will not release the SIR tomorrow. Sebak will not release the SIR on Tuesday, Wednesday, Thursday or Friday.
MARK MY WORDS.
U ALL BETTER GO viral these in E-MAIL, the edge, focus, malaymail, the star, the moon, facebook, twitter. U all MUST FORCE Karem to release the SIR , or else u will become the JOKE for leno to LAUGH at ... FOREVER, ......and EVER. 24/10/2021 9:03 AM
leno Will u voluntarily release a report saying and proving u are doing fraud accounting ? __________________________________________
Karim can Delay release ( nobody can force Him to release ) Bursa do has "standing Order"--- stop Trading and Delisting as last resort......Now, Political interfering is really Hard to come by, I see Karim shadow Boxing All by Himself
If u release the report tomorrow, everyone will hentam leno non-stop. Leno name will become BUSUK forever.
But leno know u cannot release tomorrow or tuesday, wednesday, thursday or even friday.
Like leno said, will anyone dare to release a report that will prove himself are doing FRAUD accounting ?
Can u tell us how much sarawak state money invested in ? What is the consequences ? Sarawak election coming, and politician need back the money they have put in. They will be coming KNOCKING on your door and your head soon.
aiyoyo, you know DAP hate Sarawak a lot lah, said sarawak government will go bankrupt lah few years ago Kerusi pun belum duduk panas, cari cari hal Sarawak pula. siapa tahu, cepat pun step down, hehehehehehe. cheers
Stocksafeplayer Why bring Dap into this ah? Focus on real issue la… of Dap so capable, Bersatu would hve no chance to betray PH la… agree? 24/10/2021 10:40 AM
hehehehe, when SD become good, financial institutions will come back leh, all these financial institution always see wind drive boat one lah unless SD boat tenggelam di laut Cina selatan loh, heheh ---------------------------------------------------------------------------------------- investor2021trading worries, dilemma, frustration... guessed how many institutional funds (locals n foreign) n retailers hv invested in SD? 24/10/2021 10:47 AM
What will happen to Serbadk share prices if audition results is not good, I just spend millions to buy last Thursday when I heard the CEO is buying one million shares, is there something will surprise the market next week...
I dont know the outcome of the SIR report. Bt i knw there is a big winner here. I assume he draw 5 million annually frm day 1 x 20 years = 100 million Modest dividen of share = 50 million Recently 3.9 million free profit So the winner is who everyone sud knw.
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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....
Mabel
23,582 posts
Posted by Mabel > 2021-10-24 08:13 | Report Abuse
Cheers everyone !
Meow