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

Posted by UmarTaylorSwift > 2021-11-09 15:50 |

Post removed.Why?

Posted by InsiderShark > 2021-11-09 15:51 | Report Abuse

SIR is either completed or almost completed and EY briefed both Bursa and Serba on October on their findings.

If the SIR is good, means no fraud or hanky panky, Serba would have released it immediately. But Serba knew the SIR is bad and shows KPMG was right, so they now sue Bursa saying the SIR is not required or was forced upon them.

Those that stood with Serba has money vested in Serba.

Serba rather get delisted than to see SIR made public.

Nikmon

2,995 posts

Posted by Nikmon > 2021-11-09 15:56 | Report Abuse

Yeah, seem like Karim prefer delisted than publish the SIR.....E&Y may found fraud activity and VIP involved, if yes they will do everything to stop the release of SIR or delay until election finish.

SD action suing auditor and bursar, it is confirm company will GG, not possible to refinance .

bobochacha

536 posts

Posted by bobochacha > 2021-11-09 15:58 | Report Abuse

agree with insidershark. maybe suing EY also for doing the factual update for the independent director then say its against their contractual scope

bobochacha

536 posts

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

its not possible to do financing, bond ,loan ,private placement, right issue . they can sell assets only

Nikmon

2,995 posts

Posted by Nikmon > 2021-11-09 16:02 | Report Abuse

Haha, pity EY, I guess EY deliberately pull in bursar, else their job never done or never impressed SD. Now they pass the ball to bursar, if bursar don't act, is not EY problem....haha

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-11-09 16:03 | Report Abuse

Like I say lu. Who give us the idea they will publish the SIR? No publish means no good or bad SIR which left only speculation.

ǷearlꙌhite

1,652 posts

Posted by ǷearlꙌhite > 2021-11-09 16:04 | Report Abuse

.
Cut and paste.

SIR is either completed or almost completed and EY briefed both Bursa and Serba on October on their findings.

If the SIR is good, means no fraud or hanky panky, Serba would have released it immediately. But Bursa knew the SIR is good and shows KPMG was wrong, so they now sue Bursa saying the "factual finding update" is not required or was forced upon them.

Those that stood with Serba has money vested in Serba.

Serba rather get delisted than to see factual finding update made public.

Posted by value_seeker > 2021-11-09 16:04 | Report Abuse

Karim bumiputera or chinese?

solomolo

1,329 posts

Posted by solomolo > 2021-11-09 16:12 | Report Abuse

...............

KUALA LUMPUR, 25 Okt -- Serba Dinamik Holdings Bhd berkata firma audit, Ernst & Young Consulting Sdn Bhd masih dalam proses menjalankan penilaian atau Kajian Semula Khas Bebas (SIR) ke atas syarikat tersebut.

Dalam maklum balasnya terhadap notis dikemukakan oleh Bursa Malaysia berhubung hasil penilaian berkenaan sebagaimana ditetapkan oleh Keperluan

Penyenaraian Pasaran Utama (MMLR), syarikat minyak dan gas itu menyatakan “tiada sebarang dokumen atau salinan sebarang dokumen yang menepati keterangan ‘Kemas Kini Penemuan Fakta’ setakat 30 Sept, 2021, yang diberikan kepada barisan pengarah bukan eksekutif setakat Jumaat lepas.

https://www.bernama.com/bm/news.php?id=2016727

........................................

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

Still in process

Posted by solomolo > Nov 9, 2021 4:12 PM | Report Abuse

...............

KUALA LUMPUR, 25 Okt -- Serba Dinamik Holdings Bhd berkata firma audit, Ernst & Young Consulting Sdn Bhd masih dalam proses menjalankan penilaian atau Kajian Semula Khas Bebas (SIR) ke atas syarikat tersebut.

Dalam maklum balasnya terhadap notis dikemukakan oleh Bursa Malaysia berhubung hasil penilaian berkenaan sebagaimana ditetapkan oleh Keperluan

Penyenaraian Pasaran Utama (MMLR), syarikat minyak dan gas itu menyatakan “tiada sebarang dokumen atau salinan sebarang dokumen yang menepati keterangan ‘Kemas Kini Penemuan Fakta’ setakat 30 Sept, 2021, yang diberikan kepada barisan pengarah bukan eksekutif setakat Jumaat lepas.

https://www.bernama.com/bm/news.php?id=2016727

solomolo

1,329 posts

Posted by solomolo > 2021-11-09 16:17 | Report Abuse

...............

KUALA LUMPUR: Serba Dinamik Holdings Bhd. menjelaskan pihaknya tidak berhasrat menangguhkan laporan penemuan fakta terkini bagi kajian bebas khas (SIR) yang dijalankannya seperti dinyatakan Bursa Malaysia Securities Bhd. Jumaat lalu.

Sebaliknya, apa yang berlaku, tiga daripada pengarah bebas bukan eksekutif syarikat menghadiri pembentangan oleh penyemak bebas khas, Ernst & Young Consulting Sdn. bhd. (EY) pada 21 Oktober dengan kehadiran wakil daripada Bursa Malaysia.

"Bagaimanapun, hasil daripada pembentangan itu yang disifatkan 'penemuan awal yang tidak dapat disimpulkan', pengarah bebas tersebut berkata EY belum mencapai sebarang keputusan, justeru, bukan mereka atau orang lain yang boleh membuat kesimpulan.

https://www.astroawani.com/berita-bisnes/sir-masih-berjalan-serba-dinamik-tidak-berhasrat-tangguh-hasil-penemuan-327474

.............................

Posted by dianatrader > 2021-11-09 16:18 | Report Abuse

Let all settle first

Posted by Wirajati > Nov 9, 2021 3:45 PM | Report Abuse

Promoters.

Buy. Will LU ( this before suspension)
Then, will LU After suspension
Then, see warren buffett, follow him la...scare what?
If u really follow WB, SD will not be on his list. Why?

Integrity!!! Wb hates co with integrity issues.

Posted by alieyasmart > 2021-11-09 16:21 | Report Abuse

It like has become personal battle between Karim and Bursa

Posted by Ppmaster > Nov 9, 2021 1:51 PM | Report Abuse

Now karim keep disposed his kpower share before his last ship sink suspended.

Posted by dianatrader > 2021-11-09 16:22 | Report Abuse

Actually, can Bursa take the unfinish report as their reference on taking any action towards SD?

ǷearlꙌhite

1,652 posts

Posted by ǷearlꙌhite > 2021-11-09 16:23 | Report Abuse

.
So nice to have TheEdge as Bursa's beck and call newsreader.

Seah Eu Hen
theedgemarkets.com
November 09, 2021 00:15 am +08

The stock exchange is entitled to exercise its power, says Bursa in response to Serba Dinamik lawsuit

https://www.theedgemarkets.com/article/stock-exchange-entitled-exercise-its-power-says-bursa-response-serba-dinamik-lawsuit

solomolo

1,329 posts

Posted by solomolo > 2021-11-09 16:26 | Report Abuse

..............

KUALA LUMPUR: Serba Dinamik Holdings Bhd. explained that it did not intend to delay the latest fact finding report for the special independent study (SIR) that it conducted as stated by Bursa Malaysia Securities Bhd. Last Friday.

Instead, what happened was, three of the company’s independent non -executive directors attended a presentation by a special independent reviewer, Ernst & Young Consulting Sdn. bhd. (EY) on 21 October in the presence of representatives from Bursa Malaysia.

“However, as a result of the presentation which was described as‘ preliminary findings that cannot be concluded ’, the independent director said EY has not reached any decision, hence, neither they nor anyone else can draw conclusions.

https://www.astroawani.com/berita-bisnes/sir-masih-berjalan-serba-dinamik-tidak-berhasrat-tangguh-hasil-penemuan-327474

..............

solomolo

1,329 posts

Posted by solomolo > 2021-11-09 16:28 | Report Abuse

dianatrader..just wait court action i think....

Posted by OpporturnityHunter > 2021-11-09 16:31 | Report Abuse

aiyoyo, this SC, always said, we do this for the benefit of investors, very funny, every time they sudden suspend a company, who die fastest, SC use your brain yeah. If you don't have one, i can borrow you 1/10 of mine, lah lah lah lah lah

Zolan2020

449 posts

Posted by Zolan2020 > 2021-11-09 16:32 | Report Abuse

good bye serba...

InterFund®

1,777 posts

Posted by InterFund® > 2021-11-09 16:33 |

Post removed.Why?

Posted by OpporturnityHunter > 2021-11-09 16:36 | Report Abuse

hehehehehehehe, Intefund kena burn heavy heavy , must be , hehehehehe, too late to say that liao, what you can only do now is , hehehehee cry yeah

wolfbroker

537 posts

Posted by wolfbroker > 2021-11-09 16:39 | Report Abuse

Don't play racist comments in here please


Posted by InterFund® > Nov 9, 2021 4:33 PM | Report Abuse

Karim is a chinese................... His real name is Sii Chiong Wei.................... Look it up.................... Everytime cinapek business man you need to be careful.......................

wolfbroker

537 posts

Posted by wolfbroker > 2021-11-09 16:40 | Report Abuse

I never put blame that Karim is Malay, and hope others also don't simply play race issue in here.

Respect

Posted by Beautyseeker > 2021-11-09 16:43 | Report Abuse

Mabel still very confident on this counter?
Steady

Posted by Mabel > Nov 9, 2021 1:32 PM | Report Abuse

Enough said. Summing up..

Budak2 bermain gasing
Bermain dgn adik Kak Mabel
Alang2 kalau nak goreng
Biar sampai dapat tukar katil ke Stainless Steel

JR Erwing duduk di Jalan Gasing
Anak nya berambut Blonde bernama Mabel
Confirm Serba tidak akan asing
Kali ini Serba pilihan utama Mabel

RM 35 sen Harga saham di tutup Hari Jumaat
Jangan risau sebab Auto Cruise sudah set pada RM 1.22 ringgit
Jatuh naik saham langsung tidak berbangkit
When it matters, Serba akan melepasi RM 1.22 Ringgit.

Mabel Motivation for collecting Serba Dinamik..

Posted by Beautyseeker > 2021-11-09 16:43 | Report Abuse

For me now, i will stay and see what will happened.

Only can hold and hope the best

Posted by OpporturnityHunter > 2021-11-09 16:43 | Report Abuse

@wolfbroker, useless to tell him this. He play many many times oledi. He forget, he need to use mobile number to register his interfund nick name. sekaligus, police want to catch him, easy easy lah. let him cry for deep deep in jail, then he baru know. lah lah lah lah lah

------------------------------------------------------------------------------------
wolfbroker I never put blame that Karim is Malay, and hope others also don't simply play race issue in here.

Respect
09/11/2021 4:40 PM

mych11

97 posts

Posted by mych11 > 2021-11-09 16:45 | Report Abuse

Why accounting is so difficult to explain?

InterFund®

1,777 posts

Posted by InterFund® > 2021-11-09 16:47 |

Post removed.Why?

InterFund®

1,777 posts

Posted by InterFund® > 2021-11-09 16:48 | Report Abuse

I am Singaporean chinese and I condemn fraud cinaman boss....................

Layman2020

435 posts

Posted by Layman2020 > 2021-11-09 16:50 | Report Abuse

Hi all, nothing to do with races la!!, back to the main topic.

Layman2020

435 posts

Posted by Layman2020 > 2021-11-09 16:51 | Report Abuse

Now it is still fun to argue without touching on races and religions, don't spoilt it.

tradersampah

1,081 posts

Posted by tradersampah > 2021-11-09 16:54 | Report Abuse

i respect with serbadk lawyer, come out with details why bursa should be sued

Trader258

435 posts

Posted by Trader258 > 2021-11-09 16:57 | Report Abuse

It's obvious that the conman SD is trying to throw his weight around by insisting that ' fabricated ' reports are permissible...

Posted by dimmubroker > 2021-11-09 17:03 | Report Abuse

The lawyers are good at their job

Posted by tradersampah > Nov 9, 2021 4:54 PM | Report Abuse

i respect with serbadk lawyer, come out with details why bursa should be sued

Posted by dimmubroker > 2021-11-09 17:04 | Report Abuse

But for me, the main thing is the final SIR is the one that we all want to hear now

hanna20

570 posts

Posted by hanna20 > 2021-11-09 17:11 | Report Abuse

The issue actually is on SIR or AR?

Posted by bobochacha > Nov 9, 2021 3:46 PM | Report Abuse

serba sue bursa hoping that bursa take back the SIR order? so if no SIR , annual report can come out anytime by the auditor.

hanna20

570 posts

Posted by hanna20 > 2021-11-09 17:12 | Report Abuse

I might have missed some info or stories on this.

Got a hectic morning session

Huangbk72

4,944 posts

Posted by Huangbk72 > 2021-11-09 17:16 | Report Abuse

It’s good to see so many new smarties seeing the true picture and not deceived by the promoters.

Gratz to the 10% smarties!

In a nutshell:
EY has confirmed KPMG findings
SD has to bury SIR
SD suing only to bury SIR, unfortunately they fight with He-Man. Big brother SC still hasn’t made his move yet.
No SIR = No AR come 30 Nov.
SD will be delisted after deadline

To SD holders, you pls pray for SIR to see daylight…

amateurJR

2,366 posts

Posted by amateurJR > 2021-11-09 17:26 | Report Abuse

where is pembohong mabel? hahaha

risekita8

534 posts

Posted by risekita8 > 2021-11-09 17:31 | Report Abuse

I believe that everyone want it to be settled

Posted by bobochacha > Nov 9, 2021 3:48 PM | Report Abuse

serbadk dont want SIR . they just need to fire kpmg, hired another auditor then kao dim. bursa kakaciaociao insiste serba do a SIR. so now they argue that bursa have no power to ask them do SIR. is an abuse of the power. banyak pandai.

Trader258

435 posts

Posted by Trader258 > 2021-11-09 17:32 | Report Abuse

Wondering if investment funds, banks or even substantial shareholders, EPF & KWAP can smell this latest SD legal rubbish or not..?

Honesty

1,020 posts

Posted by Honesty > 2021-11-09 17:33 | Report Abuse

If ask anyone at the beginning of the year, would SB price drop to the current level; No one would dare to confirm or agree to your speculation. But it did happen, which prove anything can happen!!
SB even have a different chairman now; So you never know what will happen in the future~~
There may be a take over by a certain consortium OR even a prominent business man!!
So just tune in ~~ the best is yet to come!!

Posted by kamirise360 > 2021-11-09 17:34 | Report Abuse

They surely cannot just simply delete the order


bobochacha
466 posts
Posted by bobochacha > Nov 9, 2021 3:49 PM | Report Abuse

if no SIR conducted, all this trouble wont be here. so they go back to the root cause, delete the SIR

solomolo

1,329 posts

Posted by solomolo > 2021-11-09 17:54 | Report Abuse

just wait court order lah...if court says no need SIR..Bursa must follow lah..hehe

amet2017

3,150 posts

Posted by amet2017 > 2021-11-09 17:57 | Report Abuse

Hehe means SIR not good lar like this.. Hehe.. Just wait lor. Dont stress2

vitac

521 posts

Posted by vitac > 2021-11-09 17:58 | Report Abuse

wait court order, so until when months or years......

solomolo

1,329 posts

Posted by solomolo > 2021-11-09 17:59 | Report Abuse

is not about good or bad loh..is about following the prescribed act ... that's all

Posted by stocksensei > 2021-11-09 18:05 | Report Abuse

Majority want suspension uplifted with SIR. Cause only a reasonable SiR can give SB a good opening price. No SIR by court order won't help . We wan good solid uptrend momentum upon opening

solomolo

1,329 posts

Posted by solomolo > 2021-11-09 18:10 | Report Abuse

maybe u need SIR... not for KWSP and not for KWAP...as long the audit good when result is out...they will buy...thats all

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