Posted by Buylowandrun > 2021-10-26 09:17 | Report Abuse

LDLD

Posted by Ppmaster > 2021-10-26 09:18 | Report Abuse

This company problem maybe is all the project gain because they do below the cost, so the company will gain many huge project and good profile but when the project is 8b , after finish the project company will lose RM 1-2b, so the more project they gain than the much money the lose, than how to running the company operation cost? Thats why karim morrgage his share to bank borrow money to running the company operation..

Posted by solomolo > 2021-10-26 09:18 | Report Abuse

actually naysayer also wanna to buy today...if SIR out end of this month...hehe

Posted by Supermodel > 2021-10-26 09:19 | Report Abuse

Thought suspension being lifted today?

Posted by 654321aaa > 2021-10-26 09:20 | Report Abuse

Lu , Ld.....one year suspension..

Posted by jimnizar > 2021-10-26 09:20 | Report Abuse

After lunch maybe

Posted by solomolo > 2021-10-26 09:21 | Report Abuse

Supermodel...just wait 10am..if not open...SIR must out end of this month...i think it a good strategy...

Posted by solomolo > 2021-10-26 09:23 | Report Abuse

yup...maybe after lunch

Posted by OpporturnityHunter > 2021-10-26 09:23 | Report Abuse

@supermodel, you go to walk walk on the stage, earn more leh than coming here, kena suspend till no date


Supermodel Thought suspension being lifted today?
26/10/2021 9:19 AM

Posted by Ppmaster > 2021-10-26 09:24 | Report Abuse

654321, false account company will delisted very fast, not same like under pn17 and gn3 company can stay few years time.

Posted by Riaz1954 > 2021-10-26 09:24 | Report Abuse

Load of bull on this forum SD finished contracts business is dependent on trust and sound reputation. All destroyed. Corporate due diligence is fundamental in doing trade unless the other parties are similarly suspect. That’s is why SD should be listed should be privatised if it wants to survive.

Posted by Huangbk72 > 2021-10-26 09:24 | Report Abuse

In summary

Bursa appointed EY as SIR = Special Independent Reviewer.

Roles clearly defined.

EY reports to both Bursa and SD

Refer to Bursa announcement below

https://www.bursamalaysia.com/cn/about_bursa/media_centre/bursa-malaysia-issues-a-directive-to-serba-dinamik-holdings-berhad-in-relation-to-the-appointment-of-the-independent-reviewer


Regardless of summary report as at 30th Sept, the fact is SIR is completed in the eyes of EY and Bursa.

SD dont agree with SIR findings. ( this is my interpretation when Bursa says SIR is done while SD says its not)

This stalemate will take a long long long time to resolve. So be prepared to have your money stuck in SD a long long long time.

Today hopefully will see a response from Bursa over SD claims yesterday.

The saga continues..... ( things can be resolved so much earlier between KPMG and SD, now drag into months and maybe years).... totally irresponsible management style.

Posted by iversonkb > 2021-10-26 09:24 | Report Abuse

trying to be honest with myself, this doesn't look good for SD. probability of bad SIR is high. :(

Posted by dompeilee > 2021-10-26 09:24 | Report Abuse

FSX123 When the following people start to be active in a certain stock forum. You know its time to sell

1. Interfund
2. Mabel
3. Pearlwhite
4. Janetan
5. Trader sampah
6. Gloveisgreat

These operators AKA Penipu dan pembohong saham kutip untung DI ATAS KERUGIAN KAMU
26/10/2021 7:35 AM

You forgot wanking empty-vessels-make-the-most-noise pang72(sai) lol

Posted by 654321aaa > 2021-10-26 09:25 | Report Abuse

Why make it so troublesome to have many styles many situations of prediction, guessing... haha

Posted by Ppmaster > 2021-10-26 09:25 | Report Abuse

You all jus hope this counter can resume trading before delisting. Pray more.

Posted by OpporturnityHunter > 2021-10-26 09:26 | Report Abuse

go to where to pray leh, tell tell leh
-------------------------------------------------------------------------------------------

Ppmaster You all jus hope this counter can resume trading before delisting. Pray more.
26/10/2021 9:25 AM

Posted by 654321aaa > 2021-10-26 09:27 | Report Abuse

Might as well go to kadooom office ask to understand....hahaha

Posted by OpporturnityHunter > 2021-10-26 09:28 | Report Abuse

aiyoyo, kesiannya , have to try all way to make Kpower and scib green for these few days, if not drop like hell. but , how many days you can make these 2 counters green leh leh

Posted by solomolo > 2021-10-26 09:31 | Report Abuse

very funny dont trust serbadk but still want buy Kpower and Scib counter?....LOL..

Posted by 654321aaa > 2021-10-26 09:32 |

Post removed.Why?

Posted by WongCapital > 2021-10-26 09:33 | Report Abuse

Sell sell..The promoters in this forum are all fake. They keep telling nonsense rumours and none facts. You buy later you die

Posted by muhfiq > 2021-10-26 09:35 | Report Abuse

What's hot today?
Got discussion for further plan?

Posted by muhfiq > 2021-10-26 09:35 | Report Abuse

How will it be in the next few days?
Will it become more hotly debated?

Posted by 654321aaa > 2021-10-26 09:35 | Report Abuse

He promoted Sapnry buycalled from 1.00 plunged to below 0.10 and many others counters as well
then always disappeared later....

Posted by TanSriLim > 2021-10-26 09:36 | Report Abuse

0.65

Posted by Layman2020 > 2021-10-26 09:36 | Report Abuse

When the storyline goes like this, i bet there will be accept one result as it is too big to fail.

Posted by ǷearlꙌhite > 2021-10-26 09:37 | Report Abuse

.
People here don't realise that when SD asked for 1 month extension from Bursa, it did so in the same response letter to Bursa to not to comply with the Directive. Yet Bursa gave approval!

It shows that Bursa, they will have to conduct an internal review and fish bone study on this matter and take immediate remedial actions for the way SD's SIR was handled and subsequently executed.

Perhaps a SIR on Bursa in this case? Well, that is not for me to judge.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3203294

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3203295

Posted by solomolo > 2021-10-26 09:37 | Report Abuse

TanSriLim is coming...haha

Posted by Pinky > 2021-10-26 09:39 | Report Abuse

Trading suspended also so many c0ck to talk? hahahahaha

Posted by ǷearlꙌhite > 2021-10-26 09:39 | Report Abuse

.
Since the cat is already out of the bag and wearing a tie, and information already out,

I am pleased to to announce that EY's SIR on SD has found no evidence nor implications of audit issues from the KPMG's management letter to SD BOD in May 2021.

It is henceforth, Business As Usual at SD.

As for Bursa, they will have to conduct an internal review and fish bone study on this matter and take immediate remedial actions for the way SD's SIR was handled and subsequently executed.

Perhaps a SIR on Bursa in this case? Well, that is not for me to judge.
.

Posted by 654321aaa > 2021-10-26 09:39 | Report Abuse

where is soichai lim ?

Posted by wongchin > 2021-10-26 09:42 | Report Abuse

If by tomorrow 9.00 am still suspended. It might got suspended till end of Nov. Or wait for bursa to give announcement. If no announcement than not a good sign.

Posted by ǷearlꙌhite > 2021-10-26 09:45 | Report Abuse

.
Upfront I tell you now. THERE WILL BE NO ANNOUNCEMENT until BURSA gets its act together.

wongchin If by tomorrow 9.00 am still suspended. It might got suspended till end of Nov. Or wait for bursa to give announcement. If no announcement than not a good sign.
26/10/2021 9:42 AM
.

Posted by josephn > 2021-10-26 09:48 | Report Abuse

SD don't want announced, bursa sendiri announced la, Bursa have the report anyway.

Posted by ǷearlꙌhite > 2021-10-26 09:52 | Report Abuse

.
Bursa cannot announce the official and final report since that report found no evidence nor implications of audit issues from the KPMG's management letter to SD BOD in May 2021.

What they want is the 30th September 2021 "update" report because that update will show the problems and issues when the work not yet wrapped up and agreement with all parties done to conclude that no evidence nor implications of audit issues from KPMG.

They want to update everyone with un-finished and un-concluded and un-agreed work.

josephn SD don't want announced, bursa sendiri announced la, Bursa have the report anyway.

Posted by BearBear6115 > 2021-10-26 09:56 | Report Abuse

Eating popcorn watching all these promoter asking holder to sell. lol. get a life

Posted by BennyWhittman > 2021-10-26 09:56 | Report Abuse

Don't twist. SIR is from EY, and brought about by issues found by KPMG.

Posted by muhfiq > 2021-10-26 09:56 | Report Abuse

Time to make wise decision

Don't be influenced by others too easily

Posted by ǷearlꙌhite > 2021-10-26 09:57 | Report Abuse

.
That has been known for a long time. Maybe this time there will be an impetus.

Grapevine and (internet now starting) to ask for MSWG CEO and BURSA Management to resign.

Gtrade bursa has become pariah capital mkt.Now it has become the workers telling the boss what to do or not to do. no more orderly mkt place.

Posted by muhfiq > 2021-10-26 09:57 | Report Abuse

Better to have a proper plans ahead

Some may need to be a bit patient

Also need to explore other options

Posted by josephn > 2021-10-26 09:58 | Report Abuse

EY announced la, CEO SD management don't even allowed to participate in this, how they know?

Posted by muhfiq > 2021-10-26 09:59 | Report Abuse

Hopefully the report will come out quickly

That would be a huge shift

Happy time

Posted by muhfiq > 2021-10-26 10:00 | Report Abuse

Interesting to see in near soon

This should be a good move

Fighting

Posted by investor2021trading > 2021-10-26 10:00 | Report Abuse

SD stubborn attitudes n non cooperativeness with SC n Bursa has resulted in a dropped of confidence with d investors n share price of its sisters' companies KPower n SCIB! soon d banks n customers will b watching!

Posted by absalom > 2021-10-26 10:01 | Report Abuse

Bursa has to buck up, act fast, maintain credibility and integrity, otherwise the locals continue to lose faith and the foreigners run away taking their money elsewhere. Nowadays lots of options.

Posted by angelo > 2021-10-26 10:02 | Report Abuse

Huangbk72 Fully agree with you. Bursa has received the SIR from EY. SD has also received the same SIR. Why did Bursa came out of the blue to suspend trading on SD shares and directed SD to furnish the updates on SIR? Your guess is as good as mind. EY's findings are similiar to KPMG's audit findings. SD disagreed (again) on this. The saga goes on....... and the truth shall prevail!

Posted by chimchim2828 > 2021-10-26 10:03 | Report Abuse

I wonder.... can EY announce SIR report?? stated in serba letter to Bursa that "no work products will be distributed to any parties before/ after the status update".

The Company had on 25 October 2021 written a reply to Bursa Securities. Below are the salient points from our letter to Bursa Securities:



1) There were no documents or copy of any documents that fit the description of “Factual Findings Update as at 30 September 2021” given to the Independent Non-Executive Directors as at 22 October 2021.

2) The terms of engagement between Ernst & Young Consulting Sdn. Bhd. and the Company dated 2 July 2021:-

a) has provided that no work products will be distributed to any parties including the regulators before and/or after the status update;

b) prohibits any quoting or references to any report, any portion, summary or abstract thereof.

3) Any documents or report from Ernst & Young Consulting Sdn. Bhd. does not fall within paragraph 9.03 and 9.35A of the MMLR.



Ernst & Young Consulting Sdn. Bhd. is still in the midst of performing the Special Independent Review.

Posted by josephn > 2021-10-26 10:03 | Report Abuse

Just Fine SD Karim if SD don't announced today, take away his sales proceed from warrant

Posted by Huangbk72 > 2021-10-26 10:05 | Report Abuse

EY as a professional body do not report publicly their findings. Just like KPMG doesn’t reply publicly to legal suit by SD.

Onus is on SD to publish the findings