the court only accepts what is true and must be contained in the act outlined...so Bursa does not have to worry..if it follows the prescribed act..that's all
. Time to go to the attic and dig out historical comments. This has all been played out as anticipated....
Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD Oct 30, 2021 8:37 AM | Report Abuse . To be honest, the SIR doesn't really matter anymore. Because, SD can release the Annual Report 2020 now if they want.
What this means is that Nexia has given their opinion on the FS for 2020.
The only saving grace for Bursa/EY, is for them to make sure that all their findings are correct and is consistent with the Nexia's opinion.
The so-called updated on 30th September 2021 strongly suggests that the conclusions are consistent with Nexia's opinion.
However, asking more clarifications from SD is very prudent of them, just in case if anyone questions and does not accept the conclusions of the SIR in future (which I am sure will be many and represents 80% of the participants here) and decides to make complaints to the authorities and/or take legal action.
Markable Yes, EY also mentioned there is few more "issue" need further clarify and surely it need more time, and SD boss wanted to uplift the suspension asap to avoid further "market untrust" of SD share.
Personally thinking, releasing SIR much much more important and gain back the trust from market. I no want everyday guessing this and that, tired. 30/10/2021 8:14 AM
Its not him suing, its SD, he is using Shareholders remaining in cash on lawyers, not a cent of his own money. He is scared of having to spend time in an unpleasant place as guest of the taxpayer's for many years and of loosing his expensive titles. SCIB now also suspended. No doubt he will now waste SCIBs remaining cash on lawyers also. Hopeless. Absolutely pointless waste of shareholders money. He should just crawl off to Bukit Aman and turn himself in.
correct lor. Sebak is forcing Bursa to voluntarily delist sebak from share market. Once delisted, half their problem solved. Bursa will delist sebak, to save money and energy.
But don't worry, delist or not, Sebak will close shop this month.
As long as sebak shareholder no make police report Abdul Karim anak pariah is free and rich.
This is REALITY.
That is why, ikan bilis should not play with FRAUD counter.
People who keep on financial reportd delayed are not abusive too? Funny. Ekeke. Well SD is suitable for punters, all they need is speculation and promoting non stop. So they can liquidate,nice try though.
Perhaps his professional promoters who have been endlessly trying to convince unsuspecting old ladies to buy his rotten shares will go visit him in prison. But I doubt it coz they will not be paid for that, and even old ladies will wake up that they have been conned and will be after them.
#ǷearlꙌhite . Time to go to the attic and dig out historical comments. This has all been played out as anticipated....
Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD Oct 30, 2021 8:37 AM | Report Abuse . To be honest, the SIR doesn't really matter anymore. Because, SD can release the Annual Report 2020 now if they want.
What this means is that Nexia has given their opinion on the FS for 2020.
The only saving grace for Bursa/EY, is for them to make sure that all their findings are correct and is consistent with the Nexia's opinion.
The so-called updated on 30th September 2021 strongly suggests that the conclusions are consistent with Nexia's opinion.
However, asking more clarifications from SD is very prudent of them, just in case if anyone questions and does not accept the conclusions of the SIR in future (which I am sure will be many and represents 80% of the participants here) and decides to make complaints to the authorities and/or take legal action.
Markable Yes, EY also mentioned there is few more "issue" need further clarify and surely it need more time, and SD boss wanted to uplift the suspension asap to avoid further "market untrust" of SD share.
Personally thinking, releasing SIR much much more important and gain back the trust from market. I no want everyday guessing this and that, tired. 30/10/2021 8:14 AM 09/11/2021 10:00 AM
Yup, leno say many time since july that Sebak will close shop in "November" Leno also say Sebak will not release SIR Leno also say Sebak will not release AR Leno also say there will be no EGM or AGM.
. Today is 9th November 2021. SD has to issue AR 2020 latest on 30th November 2021.
In reality, by now, the AR 2021 have been completed and copy-writed. Registrars have to start preparing to send out the AGM/EGM mailers and also rush to complete the CDs to be sent out together.
Which means, Nexia's opinion has been given to the SD's FS 2020.
Of course, there will be those who would refer to the Chairman's press conference in June 2021, and would claim that Nexia was induced by SD (since SD pays for the audit) to issue an unqualified report which is true and fair and a SD being a going concern entity. .
No body should have been caught by surprise. Busa made very public warnings, and gave a deadline for SD to publish the report. SD failed to do so and Bursa then had no choice but to suspend SDs shares. The problem may be that there may be very damming things in the report that would send someone to jail! Better not to release and to be suspend, and sooner or later delisted. Sue everyone to build smoke screen and hope no one makes a report which will allow the mafia in blue to raid his pockets. Malaysia Boleh!
It seems that The Bear in now in control. KLCI is already down by 9 points at 1526...
Fortunately Serba is full protection from this Thunderstorm
Thanks God Mabel's collection at Wall Street's does not experience the same fate. Last night Dow Jones and Nasdaq continue to hit all times at 36,500 and and 15,991 respectively.
As of last week, the S&P 500 gained 2%, pushing its year-to-date gains to 25%, the Dow added 1.4%, and the Nasdaq rallied 3.1% for its best weekly showing since April.
. Apparently, someone here feels intimidated with my experience in the O&G. But what this person doesn't realise too, is that my experience also extends into FMCG market, notably the food and logistics sector.
Notably some of my achievements (in my very young ciku days) was on the following: -
1) Strategising and executing MacDonalds's manufacturing and supply chain hub in Malaysia years ago
2) Helped grow this food, enzyme, meat and fruit business in Malaysia. Many of you take for granted the lamb chops, salads, fruits, that you consume here in Malaysia and also helped the frozen food suppliers (tho, I am not involved with the fake label frozen meat company in Johore).
4) Helped expand the presence of barry callebaut from their small factory in PJ to what it is today. However, due to circumstances, it didn't grow as what we anticipated.
Prepare for the worst case lor.. Looks like somebody lost badly everyday come here to vent out frustration. Remember your mental health is more important than money. Don't torture yourself, be positive and move on.
. Note : Status the same @1st November 2021. Key focus is to disclose items before 30th November 2021.
@8th November 2021 Details of Key Action Indicators. Lets run the show for the better of SD.
COMPLETED ACTIONS FROM DETAILS BELOW - Restructure company to greater heights - more contracts/projects, focus on customer. - Founder's legacy 1 - removed margin call risks till 10 sen and before completion of SIR. - Manage cash flow and forecasts. - New financing initiatives will not involve Private Placement. and Rights Issue. - EY will provide finalised SIR to Bursa. - Bursa to request SD to announce SIR findings. - Complete 2020 audit and annual report as planned. - Complete 30/9/2020 QR within time frame or earlier (1st draft out by 21/10/2021). - Group meetings with asset / fund managers together with re-rating agencies. Initiate re-rating process.. - Meeting with current financiers. Initiate re-rating process.
Shareholders' Mandate - Founder's legacy 2 - restructure founder shareholdings to focus on future strategy, finance, legal - in progress
Business Development - Re-engage lost and new customers and continue to win more contract/projects - in progress - Provide more innovative and new products and services to customers world wide. - In progress
Operations / Project Management / Procurement - Continue focus on delivering continue safety, operational efficiency and cost effectiveness - in progress - Continue to delivery on projects within customers expectations and satisfaction on time.
Finance - Manage collections and expenditures - In progress
Governance - Issues highlighted in forum will be dealt by SC/Bursa directly with forummers. SD will have no part in time wasting activities. - In progress. - To deliberate offer by KPMG to resolve legal issue. - In progress. .
Use your head or common sense.. ...................................................................................... BstRspnsNnF Stucked.. Everyday more rubbish comments.. 09/11/2021 10:56 AM
Serba and its sibling are good stock to short and to play.
If you want to make good money safely on Bursa, then invest on companies that have benefit on electric cars such as Sime Darby.
You can see that smart money hired by EPF is clearing all weak holders on the stock for the past few days and it 's not surprising if the price can go more than 40% before end of this year.
Anyway, this is not buying and selling calls... Get advise from your agents.
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Posted by Huangbk72 > 2021-11-09 09:51 |
Post removed.Why?