Intention to deal in "closed period" is to deal in the period 30days before Q out.So most probably SIR will come out before Q .They inform bursa in advance so they can buy(SIR good),or lari kuat if SIR bad.Some director informed to deal during closed period but nothing done,very common .For SD ,i dont know what they r going to do,good luck
Looks like inter companies transactions hanky panky has gone fart?
getingreal Karim who must be in possession of the reasons SCIB has not been able to get its accounts audited dumped another 12,817 shares in SCIB today, this is in addition to the over 14 mil shares he sold on Friday. We can only wonder at Bersa inaction on Insider trading again! 01/11/2021 7:11 PM
investorbat Intention to deal in "closed period" is to deal in the period 30days before Q out.So most probably SIR will come out before Q .They inform bursa in advance so they can buy(SIR good),or lari kuat if SIR bad.Some director informed to deal during closed period but nothing done,very common .For SD ,i dont know what they r going to do,good luck
99.99% bad, if not why they dump others company share omg, once open, i can get back 30% also good.
We need a few "Eagle Eye analysis " at forefront to give us a sharp details of SIR before trading starts....DonT be manipulated by Karim & Co saying they want to Deal.... Volunteer(s) are greatly appreciated
gloveisgreat @Gash19 not disposed via open market, is DBT.
Ya, my typo. Correction.
Hello, scib and kpower will up also if SIR good. And these companies directors will take all K shares if that happen, but nothing happen so far! I'm Doomed!
DBT also can be used top-Up margin account collateral of another Bank....someone here may be correct...margin Call Or bankers getting nervous ( need more collateral )
Posted by Mabel > Nov 1, 2021 3:47 PM | Report Abuse
As usual our Snow White is sharp as a needle..
As mentioned earlier One of Mabel Jet Fighter, Air Asia reward their loyal shareholders with 90 and 40 sen Special Dividend plus two 12 sen Dividend before pandemic..
Which ever options Serba proceed, Mabel think Serba can do much better than AA with this KPGG law suits plus other potential upside repeating like what happened to Icon Double Limit up early last year..
Today Bursa drop to 1530.920 = 31 mata Volume = 3.471,673.400 = 3.229 billion traded 178 Counters Green ...996 Counters Red Unchanged Counter = 337 Untraded Counter = 773 .................
#stingray_ea klci drop 30 points today, Only 85 counters categorized strong pullback counter . 01/11/2021 9:20 PM
Good info stingray. You are always a GEM...
Today all Mabel Biofuel Plantation are down. Thanks to our Finance Minister Cukai Makmur. The only Mabel Plantation that are GREEN are Non Malaysian Plantation i.e Singapore Wilmar Plantation and Indonesia Bumitama Agri
KUALA LUMPUR, Nov 1 -- Bursa Malaysia ended sharply lower with selling pressure seen across the board as investors reacted negatively to the one-off Prosperity
At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 31.39 points, or 2.01 per cent, to 1,530.92 from Friday's close of 1,562.31.
On the broader market, losers thumped gainers 996 to 178, while 327 counters were unchanged, 773 untraded and 14 others suspended.
Turnover rose to 3.47 billion units valued at RM3.23 billion
Still a long way to go before suspension will be lifted...................... SUMATEC has been suspended for 2 years now....................................... Expect SERBADK to follow suit..............................
Serba, Bursa and EY in constant touch to resolve suspension ‘impasse’ - save malaysia! | I3investor
Serba, Bursa and EY in constant touch to resolve suspension ‘impasse’ Author: savemalaysia Publish date: Sat, 30 Oct 2021, 8:59 AM
SERBA Dinamik Holdings Bhd has reassured all its stakeholders that the company is communicating closely with Bursa Malaysia Securities Bhd, Ernst & Young Consulting Sdn Bhd (EY) and other relevant authorities to resolve the issue pertaining to its indefinite trading suspension of its shares/warrants.
In a letter to stakeholders, the global integrated oil & gas (O&G) service provider shared its concern, assuring that the company’s board – together with key senior management – are doing their utmost best in all their ongoing engagements.
In fact, today marked one week since Serba Dinamik was indefinitely suspended by Bursa Malaysia Securities (since Oct 22) due to failure to provide status update of its special independent review (SIR).
Serba Dinamik has argued that although EY (its special independent reviewer) had staged a PowerPoint presentation on Oct 21 to three of its independent non-executive directors (INEDs), the so-called preliminary finding was inconclusive with EY not reaching any definite conclusion on the status of its review.
“We guarantee our commitment to provide impeccable service as we always have and will continue to do our best in fulfilling all our contracts, agreements and/or arrangements as agreed respectively,” read the letter issued by the company’s corporate communications department.
“Serba Dinamik and its subsidiaries would like to extend our gratitude for your patience and diligence in this matter. The board will make a further announcement on progress updates and related matters accordingly.”
For any queries, stakeholders can get in touch with the company via e-mail at serbadk@e-serbadk.com or +603-5516 6100.
“Rest assured, Serba Dinamik prioritises the well-being of its shareholders, clients and partners and are looking to put the arduous matters to bed,” added the company.
Serba Dinamik was last transacted at 35 sen at the close of last Friday’s (Oct 22) mid-day trading prior to the trading suspension of its shares/warrants, hence giving the company a market capitalisation of RM1.31 bil. – Oct 28, 2021
SERBADK - DIRECTIVE BY BURSA MALAYSIA SECURITIES BERHAD (BURSA SECURITIES) SERBA DINAMIK HOLDINGS BERHAD
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.
OTHERS Serba Dinamik Holdings Berhad ("the Company'") - Reply to the Directive to disclose findings of the Special Independent Review pursuant to Paragraph 2.23(1) of the Main Market Listing Requirements ("MMLR") of Bursa Malaysia Securities Berhad SERBA DINAMIK HOLDINGS BERHAD
Type Announcement Subject OTHERS Description Serba Dinamik Holdings Berhad ("the Company'") - Reply to the Directive to disclose findings of the Special Independent Review pursuant to Paragraph 2.23(1) of the Main Market Listing Requirements ("MMLR") of Bursa Malaysia Securities Berhad We refer to the announcement dated 22 October 2021 with regards to the notice given by Bursa Malaysia Securities Berhad ("Bursa Securities") to the Company.
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.
This announcement is dated 25 October 2021.
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Posted by investorbat > 2021-11-01 20:05 | Report Abuse
Intention to deal in "closed period" is to deal in the period 30days before Q out.So most probably SIR will come out before Q .They inform bursa in advance so they can buy(SIR good),or lari kuat if SIR bad.Some director informed to deal during closed period but nothing done,very common .For SD ,i dont know what they r going to do,good luck