SERBA DINAMIK HOLDINGS BERHAD

KLSE (MYR): SERBADK (5279)

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29 people like this.

108,949 comment(s). Last comment by Vicky 2 weeks ago

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-11-08 13:26 | Report Abuse

As I mentioned earlier, they expect to collect the trade receivables soon.

4bil from kpmg
4bil from EY
4bil from nexia
4bil from bursa

Next qtr profit 16bil

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-11-08 13:35 | Report Abuse

The interim injunctive seeks to restrain Bursa from publishing the "Factual Findings Update" prepared by EY and exercising any power to do anything or to instruct any directive or issuing any notice against Serba Dinamik.

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-11-08 13:36 | Report Abuse

Hahahaa what SIR?? Lolz. Told long time ago already there will be no SIR

investorbat

1,431 posts

Posted by investorbat > 2021-11-08 13:39 | Report Abuse

How to resume trading if u want to sue Bursa?

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-11-08 13:40 | Report Abuse

There will be no SIR Indeed. No announce then no bad or good SIR. Smart move haha

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-11-08 13:41 | Report Abuse

Scib will also Sue bursa for not allowing the extension lolz.

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-11-08 13:46 | Report Abuse

Nst article taken down? Link not working. Can sue NST also 4bil?

investorbat

1,431 posts

Posted by investorbat > 2021-11-08 13:46 | Report Abuse

Hahaha,NST scare get sue also

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-11-08 13:48 | Report Abuse

We have revised the next qtr profit projection

trade receivables soon.

4bil from kpmg
4bil from EY
4bil from nexia
4bil from bursa
4bil from NST

Next qtr profit 20bil

InterFund®

1,777 posts

Posted by InterFund® > 2021-11-08 13:55 | Report Abuse

Come back 2031...............................

Hop333

148 posts

Posted by Hop333 > 2021-11-08 13:57 | Report Abuse

Boss having big balls... Lol!

Nikmon

2,995 posts

Posted by Nikmon > 2021-11-08 14:05 | Report Abuse

Haha, as per expected, SD sue Bursar.....lol

They will fight so that SIR never see the light....lol

Nikmon

2,995 posts

Posted by Nikmon > 2021-11-08 14:06 | Report Abuse

As per my comment earlier, next let see how SC react....

The edge has new cover story.....lol

Posted by NatsukoMishima > 2021-11-08 14:10 | Report Abuse

From bad to worse , challenge bursa ! The only way is delisting faster !

amateurJR

2,366 posts

Posted by amateurJR > 2021-11-08 14:13 | Report Abuse

mabel dun talk crap here.

tradersampah

1,081 posts

Posted by tradersampah > 2021-11-08 14:13 | Report Abuse

pak karim, xyh la layan sgt apa org kata, ang bwk kluaq ajela SiR tu...aiyoyo

amateurJR

2,366 posts

Posted by amateurJR > 2021-11-08 14:13 | Report Abuse

serba now supend bursa pula. haha!

Yu_and_Mee

3,452 posts

Posted by Yu_and_Mee > 2021-11-08 14:14 | Report Abuse

wow, big news today.

Huangbk72

4,944 posts

Posted by Huangbk72 > 2021-11-08 14:18 | Report Abuse

Haha..

Foregone conclusion.. SD holders can start counting their losses...

For the rest of us.. pls buy more popcorn for new chapters in SD drama. Sit back and enjoy the ride.

I hope those promoters since 60c will reflect on themselves. You drown is ok... dont pull in others with you. Karma will get you back sooner or later.

Jenny

522 posts

Posted by Jenny > 2021-11-08 14:20 | Report Abuse

傻逼serbadk 一直拖时间。公布报告不就好了吗?搞这么多小动作做什么?很明显身有屎,哈哈。可怜那些散户们。

sue bursa 我投资股票这么久还是头一次遇到,哈哈

investorbat

1,431 posts

Posted by investorbat > 2021-11-08 14:23 | Report Abuse

If really go to court,legal process will drag for years.

Profit77

359 posts

Posted by Profit77 > 2021-11-08 14:25 | Report Abuse

You are brave, Serba. You are a freedom fighter breaking chains for liberation on behalf of all.

newbie8080

2,751 posts

Posted by newbie8080 > 2021-11-08 14:26 | Report Abuse

Wow.

SD sues Bursa Malaysia.

Who's next ?

SC, BNM or MASB.

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-11-08 14:28 | Report Abuse

Serba Dinamik contests Bursa's power, purportedly pursuant to MMLR, in directing it to appoint EY as a special auditor, on top of challenging EY's status as an auditor under the MMLR and Companies Act 2016.

Posted by yappenghung > 2021-11-08 14:28 | Report Abuse

Latest.
SD has taken legal action against Bursa and also injunction to disclose EY finding.
So you can deduct what the finding will be.
Habis

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-11-08 14:28 | Report Abuse

EY is a shoplot auditor

Jenny

522 posts

Posted by Jenny > 2021-11-08 14:30 | Report Abuse

跟着bursa 的指令公布不久可以咯,人家就不会停你牌嘛,干嘛Sue人家?哈哈哈哈
很简单,sir 如果没事一早公布了,还拖什么?很明显e&y 找到了东西而serbadk 又不认同,所以不接受。迟点又换e&y 了。哈哈哈哈哈

Huangbk72

4,944 posts

Posted by Huangbk72 > 2021-11-08 14:31 | Report Abuse

Just to bury SIR

1) Sue Bursa for suspension
2) Sue Bursa for SIR appointment


LOL.. epic!!!!!

Bursa is market regulator la... can sue when you agree to the rules when SD goes public??

Just because banks lose currency exchange rate, banks can sue BNM??

Desperate measures.. ..

tradersampah

1,081 posts

Posted by tradersampah > 2021-11-08 14:34 | Report Abuse

Why original article not exists?

NatsukoMishima https://www.klsescreener.com/v2/news/view/905791
08/11/2021 2:14 PM

Posted by straightarrow > 2021-11-08 14:35 | Report Abuse

OMG....sue auditor now Bursa....so geng...watz next????

solomolo

1,329 posts

Posted by solomolo > 2021-11-08 14:35 | Report Abuse

........

yup...why in NST not have the source... real or fake?

https://www.nst.com.my/business/2021/11/743475/serba-dinamik-challenges-bursa-court

.........

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-11-08 14:37 | Report Abuse

Hmm might be fake news. Anyway, doesn't seem suprise for Serbadk. They have been keep mentioning sue who who but at the end no update whatsoever

Posted by yappenghung > 2021-11-08 14:54 | Report Abuse

How nice.
Karim cash out warrant.
Now take legal case.
Will drag on for years.
Meanwhile all directors still collect salaries and benefits.
All partially paid by minority shareholders who cannot do anything for years

Depeche

4,451 posts

Posted by Depeche > 2021-11-08 14:56 | Report Abuse

U guys better stop spreading fake news. . Don't end up in jail.

Yu_and_Mee

3,452 posts

Posted by Yu_and_Mee > 2021-11-08 15:00 | Report Abuse

yes, please don't spread any news, later get jail, hahahaha. Check the IP address can detect already. No way to escape.
Seat back and watch movie better

Yu_and_Mee

3,452 posts

Posted by Yu_and_Mee > 2021-11-08 15:05 | Report Abuse

I guess, this sue may aim for sky high amount, like last time mentioned to KPMG

i3lurker

13,771 posts

Posted by i3lurker > 2021-11-08 15:06 | Report Abuse

Original News been deleted

Nikmon

2,995 posts

Posted by Nikmon > 2021-11-08 15:11 | Report Abuse

This is to protect our shareholders' interest as most of them are losing money and margin call," one independent non-executive director said in the statement.

SD just confirm that the SIR is really really bad....lol...haha

The local rich Hero just sue Bursar, it is interesting to see how smart investor react ...

Posted by Shadow Fiend > 2021-11-08 15:16 | Report Abuse

more interesting than korean drama =)

Nikmon

2,995 posts

Posted by Nikmon > 2021-11-08 15:24 | Report Abuse

Serba Dinamik also seeks for an order that Bursa be restrained from taking any action and all actions to announce the whole or any part of the "Factual Findings Update" and from issuing any instructions to Serba Dinamik to appoint any person to act as its special auditor to review or investigate its affairs together with an order for the removal of the trading suspension.

Haha, hope SC take stance as early as possible, where is the watchdog....

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-11-08 15:27 | Report Abuse

Even Serbadk want to sue bursa also can't either. Is true bursa can't demand of the early release of findings before the audit.

But did he forgot the Serbadk was suspended not because of not releasing the findings? Is because of suspecting insider trading prior the release of findings. At this point, bursa doesn't violate any SOP.

The whole suspension come aftee karim sold his shares. What's to blame/sue then?

ǷearlꙌhite

1,652 posts

Posted by ǷearlꙌhite > 2021-11-08 15:36 | Report Abuse

.
Its great to see a continued participation from the 80% who vanish all the time. It is a very rare event when all eyes are on SD.

Especially so with the latest NST news aptly named "Serba Dinamik challenges Bursa in court".

Don't worry, worrisome ones, it will be published this evening.

As repeatedly highlighted, this is hardly surprising and is really old news. But as a refresher for dementia like grey matters, a re-post of the following response. Read it well and you'll find that the path forward has been set by SD.

===============

A Statement of Action from the Supporters of CEO Karim and Serba Dinamik Berhad.

We have been aware and would officially state that we will deny and prevent the hostile takeover of Serba Dinamik Berhad through guerilla tactics.

We the mutual and institutional funds and retail investors in support of CEO Karim and Serba Dinamik Berhad would ensure that the current Board and Management and great team at Serba Dinamik Berhad would continue in the foreseeable future.

We will maintain more than 2/3 of overall share support for CEO Karim and Serba Dinamik Berhad.

Thank you.

PS : Using the regulatory bodies to force Serba Dinamik Berhad into a checkmate position for takeover will also be denied by us.

Nikmon

2,995 posts

Posted by Nikmon > 2021-11-08 15:39 | Report Abuse

Haha,. Can't demand....lol....are you sure? This will be doom for investor if listed company hide material information by classify as inconclusive...

Actually SD does commit that piece of information will impact SD stock price movement, this material information no need disclose....M&A discussion no need to announce until conclude....?what a joke smart investor.

Stockisnotfun quoted Even Serbadk want to sue bursa also can't either. Is true bursa can't demand of the early release of findings before the audit

Posted by SharehlderOppression > 2021-11-08 15:40 | Report Abuse

Serbadk blaming everyone but themselves
Sue KPMG, now sue Bursa
Why not sue S&P & Fitch too for downgrading their credit ratings

ǷearlꙌhite

1,652 posts

Posted by ǷearlꙌhite > 2021-11-08 15:43 | Report Abuse

.
Indeed it is!! People never beg the question why Bursa used the phrase

"Factual Findings Update" not "Special Independent Review" which they have so often used.

Was it deliberate from Bursa? Or Was it EY (now there's the question who actually did the finding).

The suspense is killing everyone!


Shadow Fiend more interesting than korean drama =)

Wirajati

610 posts

Posted by Wirajati > 2021-11-08 15:44 | Report Abuse

instead of SIR release, SD chooses a different path. what a day

Posted by straightarrow > 2021-11-08 15:48 | Report Abuse

Posted by SharehlderOppression > Nov 8, 2021 3:40 PM | Report Abuse

Serbadk blaming everyone but themselves
Sue KPMG, now sue Bursa
Why not sue S&P & Fitch too for downgrading their credit ratings

Using the infamous "bully" best legal firm in Malaysia, some say in Singapore and also in Batam....lol

moneySIFU

5,862 posts

Posted by moneySIFU > 2021-11-08 15:55 | Report Abuse

Anything can happen, nothing new in this crazy world.

It is so unpredictable & full of uncertainties.

When someone's creditability & integrity is in doubt and all eyes are on him for him to clear the clouds, he instead choose to take action to those regulators & independent auditors, then the common business sense will tell you something not right.

Markable

34 posts

Posted by Markable > 2021-11-08 15:56 | Report Abuse

Damn, this counter really roller coaster... cant take it anymore

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