SC and Bursa can do nothing to SD other than suspending share trading activities. SIR is not a forensics audit looking for evidence for charging people in the court. You can't say the management did something wrong illegal without the evidence from the independent forensic audit. It's merely an independent audit. Not really a big deal.
He no need join jolo ship. He can even walk around infront of anything. U guys get what I mean. We are not his level. He win. I bow him to be honest. Everything is under his control.
Outrageous response from the BOD. Unless the documents are aligned with the BOD expectations then they are not "Factual Findings Update". I sure like to hear what PearlWhite and Mabel think of such a response.
if SIR got problem EY must tell the boss first before sent to Bursa...the problem is...who report direct to Bursa got Factual finding update?..if not EY..who is it....haha
sSerba Dinamik Holdings Berhad said the stock exchange operator has approved its request to delay the issuance of its annual report and annual audited financial statement by a month until Nov 30. The annual report and the annual financial statement were supposed to be submitted by end of this month. Separately, the oil and gas service company also said that Ernst & Young Consulting Sdn Bhd was still in the midst of performing the special independent review on audit issues raised in May by its former external auditors. On Friday, Bursa Malaysia has directed Serba Dinamik to announce the findings from the "Factual Findings Update on the Special Independent Review" by Oct 26. Trading of securities in Serba Dinamik have been suspended since Friday. Serba Dinamik, in its reply to the exchange today, said there were no documents or copy of any documents that fit the description of “Factual Findings Update" as at Sept 30 given to its independent non-executive directors as at Oct 22. -- The Star, 7.13 pm
Beside the SIR, we learned that Serba had won 8 contracts worth more the 268 mils and that Bursa had over reacted !! It is certainly a blessing in disguise as the suspension stopped the panic sell off from the warrant and now, people are optimistic because of the new contracts won !!
This is why entertaining here, so many smart investor, CEO not trader like you la, he need to run the company, how to run If counter suspender, which lender willing to give loan, cash flow is big issue now.
Really smart investor.
Gash19 quoted SC: Cepat bagi SIR report ke public SB: Saya tak ada SC: Kau ada SB: Saya tak ada SC: Ada! SB: Tak ada lah! SC: Aku suspense kau! SB: Lagi bagus!
****This is fiction written to be performed**** 25/10/2021 7:36 PM
Why worry about the debt ?? We got KPM5 settlement free to free us from any existing debts !! Trust the settlement will come soon after the positive SIR announcement ~~ Thanks to the god of fortune for their negligence!! Wakaka
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treasurehunt
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Posted by treasurehunt > 2021-10-25 19:25 | Report Abuse
SC and Bursa can do nothing to SD other than suspending share trading activities. SIR is not a forensics audit looking for evidence for charging people in the court. You can't say the management did something wrong illegal without the evidence from the independent forensic audit. It's merely an independent audit. Not really a big deal.
No legal investigations is carried out in SD.