Posted by newtrader1989 > 2021-11-09 01:09 | Report Abuse

Better if Bursa exercise its power and release the factual report presented to them

Posted by newtrader1989 > 2021-11-09 01:16 | Report Abuse

SERBA Dinamik Holdings Bhd has probably created history in corporate Malaysia vis-à-vis its filing of a legal action against Bursa Malaysia Securities Bhd in the Kuala Lumpur High Court in response to actions taken by the latter against the company.

Posted by newtrader1989 > 2021-11-09 01:25 | Report Abuse

BAU lah

Posted by Ppmaster > 2021-11-09 01:29 | Report Abuse

This sb boss is funny, they cant provided the sir repprt to bursa so they sue bursa hope no need to give the sir to bursa and can resume trading. Is very clear sb got huge problem on thier account. Release the sir report is the simple way but dun want , want to play court case.

Posted by Ppmaster > 2021-11-09 01:31 | Report Abuse

How to give sb this kind of counter continue listed? Must delisted it ASAP.

Posted by i3lurker > 2021-11-09 01:34 | Report Abuse

only 1 legal point

=> whether the Factual Findings Update is "material" or not


My personal forecast =>
BURSA will just hammer and hammer and hammer and hammer on the "materiality" of the Factual Findings Update.


so of course Factual Findings Update will be released out to "Court"

Option A
Will Court determine whether Factual Findings Update is material?

or

Option B
Will Court leave the determination of materiality of Factual Findings Update to Bursa?

or

Option C
Will Court leave the determination of materiality of Factual Findings Update to Serba?


.....of course the Injunction will prevent "leakage" of Factual Findings Update to the general public.



kakakakakakakakakakkakakakakakakakakakakakakakakakakakakakakakakakaka

Posted by Ppmaster > 2021-11-09 01:35 | Report Abuse

This sb boss after cheating still want to talk loud, his power are bigger than bursa power. Maybe he only got one issue, he want this news to give him the chance to sell his scib and kpower share, if not no body willing to buy, you see he push up the price abit today to attract retail to buy than you know.

Posted by izoklse > 2021-11-09 02:01 | Report Abuse

Sorry i being ask to delete my comment immediately.

Posted by newtrader1989 > 2021-11-09 02:23 | Report Abuse

Which comment hsha

Posted by Gash19 > 2021-11-09 07:18 | Report Abuse

Business as usual, i think SD business is sueing people.

Posted by maf1964 > 2021-11-09 07:34 | Report Abuse

Huang bk72 is Raiz368 one of the so called promoters ?
If yes how can we trace him down so that we can report him to the authorities ?

Posted by PSAi3alert > 2021-11-09 07:34 | Report Abuse

Even before the determination on the "materiality" of the Factual Findings Update (FFU), Serba need to provide evidence that:

- Bursa instructed Serba to appoint Ernst & Young Consulting Sdn Bhd as a special auditor to conduct a “Special Independent Review”

- Bursa cannot exercise a purported power to direct Serba to appoint a person (Ernst & Young Consulting Sdn Bhd) who is not an auditor

- An independent review has to be done by an auditor only i.e. the person performing the independent review should be Ernst & Young Auditor Qualified to Perform Independent Review Person Sdn Bhd and not Ernst & Young Consulting Sdn Bhd

The Court will not be able to determine the "materiality" of the FFU.

A person has to be appointed to conduct an 'Even More Special Review' on the 'Special Independent Review' to determine the "materiality" of the FFU.



i3lurker only 1 legal point

=> whether the Factual Findings Update is "material" or not


My personal forecast =>
BURSA will just hammer and hammer and hammer and hammer on the "materiality" of the Factual Findings Update.


so of course Factual Findings Update will be released out to "Court"

Option A
Will Court determine whether Factual Findings Update is material?

or

Option B
Will Court leave the determination of materiality of Factual Findings Update to Bursa?

or

Option C
Will Court leave the determination of materiality of Factual Findings Update to Serba?


.....of course the Injunction will prevent "leakage" of Factual Findings Update to the general public.



kakakakakakakakakakkakakakakakakakakakakakakakakakakakakakakakakakaka
09/11/2021 1:34 AM

Posted by maf1964 > 2021-11-09 07:39 | Report Abuse

is mable wearing read panties ?

Posted by gemfinder > 2021-11-09 07:45 |

Post removed.Why?

Posted by dompeilee > 2021-11-09 07:47 | Report Abuse

Point fingers @ everyone(KPMG, ponzi-scheme accuser, public, Bursa) except himself

Posted by hijau belalang > 2021-11-09 07:48 | Report Abuse

morning
any definite date when suspension will be over?

Posted by hijau belalang > 2021-11-09 07:49 | Report Abuse

looking at the possible scenario
got some things to explore
waiting for the right call

Posted by 8dragon > 2021-11-09 07:55 | Report Abuse

SD sueing everyone.... Seems that DK is very desperate now and don't even care about the company and the welfare of the investors already.. it's gone case for SD... RIP

Posted by paulthesotong > 2021-11-09 07:56 | Report Abuse

MrK your SD is Messy than Lionel Messi .time to go!!!

Posted by paulthesotong > 2021-11-09 08:02 | Report Abuse

https://focusmalaysia.my/serba-to-challenge-bursa-in-court-over-trading-suspension-impasse/

Posted by 8dragon > 2021-11-09 08:08 | Report Abuse

No doubt is another Transmile....

Posted by paulthesotong > 2021-11-09 08:12 | Report Abuse

Even its cronies cursing him all the ways to the Banks bcos of ' margin calls' time to sack yourself!!!

Posted by Huangbk72 > 2021-11-09 08:15 | Report Abuse

Change in my mantra:

1) EY will confirm KPMG findings
2) Dont be in the same room when shit hits the fan
3) SD will be delisted
4) Start getting used to losing 100% of your investment in SD.

Relax and sleep like a baby.....

Posted by bojed > 2021-11-09 08:19 | Report Abuse

This OS looks more like finding a way to be discharged due to technicality rather than upholding the truth.

Posted by Mabel > 2021-11-09 08:21 |

Post removed.Why?

Posted by Legend > 2021-11-09 08:27 | Report Abuse

SD vs Bursa in court....harap 3 tahun baru selesai..apa macam?haha

Posted by Mabel > 2021-11-09 08:28 |

Post removed.Why?

Posted by Sslee > 2021-11-09 08:31 | Report Abuse

Haha the best chairman and lawyer in town can only come out with following to null and void the SIR done by attemp to classified Ernst & Young Consulting Sdn Bhd is not an auditor within the meaning of the “auditor” in the MMLR.

SDHB further contend that Bursa cannot exercise a purported power to:
a. direct SDHB to appoint a person who is not an auditor;
b. direct SDHB to announce any material prepared by a person who is not an auditor;
c. to direct an announcement on any material prepared by a person who is not obliged to follow any Auditing Standards or other Engagement Standards issued by the accounting and audit profession;
d. to direct an announcement on any material that is unlikely to satisfy paragraphs 9.03 and 9.35A of the Main Market Listing Requirement;
e. to direct an announcement of any “Factual Findings Update” which may or may not be used by the auditor of SDHB to form an audit opinion at the conclusion of the audit of SDHB’s financial statements.

Should the other independent directors resigned en bloc to disagree with the chairman action?
Should the company secretary (qualified and registered company secretary) should also resigned for falling to provide client with advice on rule and regulation of MMLR and the fiduciary duty of directors under Companies Act 2016?

Posted by paulthesotong > 2021-11-09 08:33 | Report Abuse

Still think as a Gulf Super Oil Tanker no its only a sampan.

Posted by Ppmaster > 2021-11-09 08:39 | Report Abuse

After botg sb and scib ship sink suspended, the last ship kpower will sink suspend too?

Posted by Depeche > 2021-11-09 08:46 | Report Abuse

I think SD just put the arduous matter to an ICU bed.

Posted by hijau belalang > 2021-11-09 09:19 | Report Abuse

wait for a bit
see the updates
may have different outcomes

Posted by leno > 2021-11-09 09:21 | Report Abuse

Yup
we are waiting a bit more
to see Sebak close shop
this month.

Posted by Mabel > 2021-11-09 09:25 | Report Abuse

Let the Serba Team work for us after all we paid them to do all these work. Mabel will just wait until Nov 30...

(Quote)
KUALA LUMPUR: Serba Dinamik Holdings Bhd 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.
(UnQuote)

When it is raining, just look at the brighter side as there's rainbow everywhere. Chin up all Serba Dinamik Supporters. Don't be intimidated by all these Noises..Focus on the End Game

Summing up on Serba Dinamik...

1. Low PE. PE Ratio (2.3x) compared to the MY Energy Services industry average (15.5x).

2. Continuous Dividend yield every Quarter since 2017..

3. Fantastic List of Contract with Diversified Business. EPCC continues to dominate total order book mix at 50%, with the remainder for O&M and ICT solutions at ~39% and 10% respectively.

4. 21 Consecutive Profits since 2016. Serba is healthy with 18 Billion Contracts with more than RM 6 Billion annual revenue with more than 1 Billion in profits. Expecting 22nd Consecutive Profits coming soon..

5. Expecting Good SIR. Very Proud to be the shareholders of this great company. Just be patience.

6. Serba gave charity to Malaysian. So happy that we are part of the Giver too.

7. Go for Snow While Option b).Enter into discussions for a financial settlement favourable to SD. This is Fast and Furious but Efficient. They have engaged the Best Lawyer!. Potential capital gain and Special Dividend once this KPGG thingy is resolved..

8. Based on Budget 2022, most likely scenario, many companies will do all sort of credit provisioning, impairment in FY22 to make sure profit cap at 100 Million. So, Dato Karim, if you are reading this, do take this opportunity to clean up the necessary so that our Serba Interceptor Battleship will come clean as we move into 2023...

9. Serba’s IT arm is one step closer to becoming a non-bank e-money issuer.

10. Serba Dinamik will benefit from Budget 2022- Matching grant of RM100 million for Bumiputera SMEs to explore aerospace industry. This definitely something for Serba to go to the moon.

So nice Goodies for upcoming Serba Future Millionaires...

To all Future Serba Millionaires,

We are going to space in 2022..

https://www.youtube.com/watch?v=JkK8g6FMEXE


Have a Great Week Guys and Gals!


To Our Success !


Meow

Posted by Wirajati > 2021-11-09 09:30 | Report Abuse

Sleep like a baby becaoz i own zero SD...ekeke

Posted by MiaoMiao7 > 2021-11-09 09:32 | Report Abuse

Mabel, you are delusional.

1. Low PE does not mean good or value
2. Every quarter? Like the previous 2 quarters?
3 & 4. Nobody knows until it is proven the books are not cooked.
5. If SIR is good, why sue Bursa and stopping Bursa from forcing them to release it?
6. Charity? With other peoples money via PP and Loan?
7. KPMG thing resolved? Looks like EY report also the same, which is why they sue Bursa to stop it from being public.
8. Impariment? No profit do what?
9. Serba IT? You ever use their apps? Try then come back to me.
10. Serba space? Wtf, elon karim?

Posted by solomolo > 2021-11-09 09:34 | Report Abuse

just wait bursa announce..see what happen next loh...

Posted by superrr > 2021-11-09 09:34 | Report Abuse

Sue Bursa ? now scib also suspended...totally gone case, Habis wayang...

Posted by InterFund® > 2021-11-09 09:35 | Report Abuse

Let's see who is at fault..................... hahahaha....................... https://www.theedgemarkets.com/article/stock-exchange-entitled-exercise-its-power-says-bursa-response-serba-dinamik-lawsuit ..........................

Posted by ǷearlꙌhite > 2021-11-09 09:38 | Report Abuse

.
It good to see TheEdge working hard at publishing articles about SD and how it negatively portrays SD in the light of the situation.

Having TheEdge is a blessing.
.

Posted by MiaoMiao7 > 2021-11-09 09:40 | Report Abuse

Gila gila

Posted by superrr > 2021-11-09 09:40 | Report Abuse

If able to sue Bursa so next time if you can't report you a/c to income tax then u sue income tax department ??? sb drama non stop...

Posted by leno > 2021-11-09 09:42 | Report Abuse

Wah ! Today everyone is working hard.
The Star
Malay Mail
Focus
The Edge

Every media post same thing
And reading the Comments - 99% say Karim doing FRAUD accounting.

Posted by solomolo > 2021-11-09 09:43 | Report Abuse

okey now we just wait court order...haha

Posted by leno > 2021-11-09 09:45 | Report Abuse

closing shop this month
no need to wait for court order.

Posted by ǷearlꙌhite > 2021-11-09 09:46 | Report Abuse

.
The next big news should be coming from the professional opinion of the CEO of MSWG.

Let's wait for it to hit the stands.
.

Posted by Wirajati > 2021-11-09 09:47 | Report Abuse

Why need court order? Just sue the court la ekeke

Posted by leno > 2021-11-09 09:49 | Report Abuse

MSWG can only talk outside
nothing will change.

No EGM, no AGM, no AR, no SIR

Closing shop this month some more.

Posted by superrr > 2021-11-09 09:49 | Report Abuse

Sue judge as well...haha

Posted by leno > 2021-11-09 09:50 | Report Abuse

Joke of the day :

IF sebak not happy with court ruling then how leh ?

HAHAHAHAHAHAHAHHAH !!