KUALA LUMPUR (Nov 10): Serba Dinamik Holdings Bhd is unable to complete its purchase of an eight-storey office building in Cyberjaya, according to the vendor Awanbiru Technology Bhd (formerly known as Prestariang Bhd).
Awanbiru said the RM24.2 million transaction was called off after Serba Dinamik failed to complete the purchase in accordance with the terms of the sale and purchase agreements (SPAs) inked in February.
KUALA LUMPUR: Bursa Malaysia saw a follow through selling pressure on Wednesday, pushing the benchmark index lower.
At 5pm, the FBM KLCI closed 3.29 points, or 0.22% lower at 1,520.74. It has risen to an intraday high of 1,526.15.
Broader market sentiment was weak, with 502 losers outpacing 428 gainers while 451 counters traded unchanged. Turnover was at 3.43 billion shares valued at RM2.31bil.
Serba Dinamik continue to close GREEN..
Meanwhile, regional markets closed broadly lower today. The Hong Kong Hang Seng did extremely well added more than 180 points, 0.74% to settle at 24,996.14..
Suing KPMG, then Bursa, and now EY...this is the greatest joke of the century...taking us all for a ride...the tragic fate is perhaps sealed now...the forum is great, keeping us all informed of stock sentiment and avoid losses...just making a great financial news to read now...
Based on the development from pass few weeks, it seems like Karim and his fren have give up SD, it is not possible for SD continue listed and cant PP, refinance to pay debt
What they have had done so far is not protect company but maybe some individual VIP.
Karim vs KPMG, shop lot auditor Karim vs ex Risk Director, imcompetitive human Karim vs Bursar, like gangster Karim vs EY, breach contract by leaking SIR to SC
Coming soon Karim vs creditor, no money how to pay Karim vs SC, who is SC to investigate SD?
Stirring up Bursa is akin to asking to be whipped.
Looks like SCIB and Kpower will undergo audit refurbishment process and keeping them Listed.
Nikmon Based on the development from pass few weeks, it seems like Karim and his fren have give up SD, it is not possible for SD continue listed and cant PP, refinance to pay debt
What they have had done so far is not protect company but maybe some individual VIP.
Do you think Karim care about retailers? If he cares, he would not have sold all of his kpower warrants and scib warrants, causing the stock price to drop from the peak.
Karim will try to do everything to stop the truth from coming out. He doesnt want to go to jail and eat free curry. Serba will get delisted eventually. Only question is when, not if.
I guess bad times is ahead for sd. So small loan with building as colateral also cant go thru. This show banker has some real TALK with sd already. Not a good sign for such a big n famous corporate.
Lol, you just too smart, even SIR release today also useless........your brain just too tiny that stock investment not suit you...lol haha. This company is confirm GG.
Depeche quoted One last saving grace left perhaps....Nexia's AR end Nov.... if no AR... then it's really end game... let's see 11/11/2021 5:33 AM
Basically, you can write off all your investments in these two companies,the biggest scam of this century.
all the negative signs now are seen as harbingers of heavy plummet of their shares price to happen after suspension is lifted ( worse scenario suspension never resumes).
DK is a man without integrity, one time saying to protect the welfare of investors and on the other hand keep sueing the auditors and the regulator...i think investors should start sueing the CO as well ..
It is too late to do anything anymore. I was kicked out of the Serba 2.0 Telegram group for telling people not to average down.... not sell ya, just dont average down. Well... I tried my best to save many lost souls that was eaten up by Karim.
Serba is now in ICU or Morgue, I dont know which.
Those that think can limit up when or if trading resumes need to wake up. Those in KPower... faster run before it is too late.
This is a slam dunk deal for Bursa. Wrong move for a cinapak. When you are talking Billion$ problem, you should have consider throwing a couple of Million$ chicken feed here and there and every thing would have KAW TIM. Ask Bossku, this is Malaysia, everything BOLEH! It would have easily go away before the blow up. Too late now just got to go through the process.
So many here badmouthing Serba and DK, telling this la that la, as they know everything and their opinion are the best interest for everybody. Actually you get what in return? just asking only... fortune teller and shaman in Bursa, can tell what will happen in future, and saying Serba case same with Transmile etc etc...hahaha, sure enough fortune teller can make a lot of money, selling 4D number also can make a lot of money..
It's a good thing you got kicked out of that group. I'm still in that group just to observe their reactions and all I can say is it is worse there than it is here.
InsiderShark It is too late to do anything anymore. I was kicked out of the Serba 2.0 Telegram group for telling people not to average down.... not sell ya, just dont average down. Well... I tried my best to save many lost souls that was eaten up by Karim.
Serba is now in ICU or Morgue, I dont know which.
Those that think can limit up when or if trading resumes need to wake up. Those in KPower... faster run before it is too late. 11/11/2021 8:08 AM
Amboi...seem like this member facing headwind due to wrongly invested...
Kesian...kesian...kesian...
Posted by musso77 > Nov 11, 2021 8:17 AM | Report Abuse
So many here badmouthing Serba and DK, telling this la that la, as they know everything and their opinion are the best interest for everybody. Actually you get what in return? just asking only... fortune teller and shaman in Bursa, can tell what will happen in future, and saying Serba case same with Transmile etc etc...hahaha, sure enough fortune teller can make a lot of money, selling 4D number also can make a lot of money..
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bojed
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Posted by bojed > 2021-11-10 23:18 | Report Abuse
KUALA LUMPUR (Nov 10): Serba Dinamik Holdings Bhd is unable to complete its purchase of an eight-storey office building in Cyberjaya, according to the vendor Awanbiru Technology Bhd (formerly known as Prestariang Bhd).
Awanbiru said the RM24.2 million transaction was called off after Serba Dinamik failed to complete the purchase in accordance with the terms of the sale and purchase agreements (SPAs) inked in February.
https://www.theedgemarkets.com/article/serba-dinamik-unable-complete-rm24-mil-office-building-buy-deposit-forfeited
I'm at a point where I'm starting to feel a little bit sorry for SD at the moment.