Civil lawsuits or Defamatory lawsuits.... It’s about Anger Management of oneself when dealing with challenges in life & at business or work.
Wise Malay saying, “Marahkan Nyamuk, Jangan Bakar Kelambu Sendiri”
Whatever reactions or actions karim wants to take, I would hope he thinks about his own reputation and business health first la. Wisdom leads to good leadership bukan?
. For those DM'ing me for further information and/or join the telegram group, I publicly state here that for information about SD, you can refer to the forum.
All that you need to know about what is happening in SD and also external of SD is here. Hence, I feel that the platform provide a balanced view.
As for the group, I would humbly decline the offer as I feel that I would be more effective in the forum (since it is public).
The false will eventually appear in reality, the dust will return to the dust, the soil will return to the soil, and all thing will return to the dust...The facts cannot be changed..
Epf had sold out all a long time ago, lari kuat kuat lol, but some ppl say that EPF still holding 5% of sb ?
Maybe they will sue their own lawyers later.
塵歸塵, 土歸土, 一切萬物化為塵....曲終人散也--....何也?
Sb take a spaceship to mars....never look back.. Sue the mars. hahaha
KPMG raise red flag - should caution SD sue KPMG - only idixt still invest Ex risk director resign - only 2 x idiox still invest SD sue exDirector - only 3x ixiot still invest SD sue Bursar - only 5x idxot still support SD SD sue EY - only 6x xdiot still support SD
Which lever are you....lol haha
InvestorKING quoted We need quality persons especially like pearl white, Mabel etc in here, not those rubbish who kept spitting the false negative news 12/11/2021 11:24 AM
Don't think too much, If A/C has no problem, things will resolved long ago, but now it's the opposite pessimistic situation, that is why so many drama sue cases..
Please read Bursa n SC’s regulations under laws of Malaysia. If found guilty, fines or jail or both maybe applicable.
If coupon payment not paid by final deadline, the last thing I want to hear is banks pulling out or if early termination of bonds occur (hopefully not la).
I think Lawsuits cannot stop other regulatory actions or stop bankers or financial institutions to demand for payments….
"Subsequently, the SC issued a Section 152 Securities Commission Malaysia Act 1993 (SCMA) notice to require EY to disclose its SIR findings for the SC’s review, according to the email reply."
Section 152 is about disclosure of information to SC.
Section 152 Securities Commission Malaysia Act 1993 (SCMA)
152. Disclosure of information to Commission.
(1) The Commission may, by notice in writing, require any person to disclose to the Commission such information as the Commission may specify in the notice as it deems expedient for the due administration of the securities laws.
(2) Where any information is required to be disclosed to the Commission under subsection (1) , the person to whom the notice is directed shall not- (a) disclose or cause to be disclosed any information that is false or misleading; (b) disclose or cause to be disclosed any information from which there is a material omission; or (c) engage in, or aid, or abet, conduct that is misleading or deceptive or is likely to mislead or deceive the Commission.
(3) Without prejudice to subsection (2) , where a person referred to in subsection (1) becomes aware that- (a) any information disclosed to the Commission under subsection (1) is false or misleading; (b) any information disclosed to the Commission under subsection (1) is information from which there is a material omission; or (c) the person's conduct is misleading or deceptive or is likely to mislead or deceive the Commission, the person shall advise the Commission of the facts and shall take such action as the Commission may require.
(4) A person who contravenes subsection (2) or (3) shall be guilty of an offence and shall on conviction be punished with a fine not exceeding one million ringgit or imprisonment for a term not exceeding ten years or both.
SC has the power to publish information under 152A.
152A. Power of Commission to publish information.
The Commission may, where it thinks necessary or expedient in the interest of the public or for the protection of investors and in such form or manner as it thinks fit, publish any information in relation to—
(a) the grant of, lapsing, revocation or suspension of an approval, licence or exemption granted under the securities laws to any person;
(b) any rulings issued under the securities laws;
(c) any action taken under section 354, 355 or 356 of the Capital Markets and Services Act 2007;
(d) an order by the court under section 360 of the Capital Markets and Services Act 2007;
(e) the compounding of any offence— (i) under the securities laws; or (ii) under any other law, whether the law of Malaysia or any territory or country outside Malaysia;
(f) any civil or criminal proceedings brought— (i) under the securities laws against any person and the outcome of such proceedings, including any settlement, whether in or out of court; or (ii) under any other law, whether the law of Malaysia or any territory or country outside Malaysia, against any person and the outcome of such proceedings, including any settlement, whether in or out of court;
(fa) any action taken under section 125 of the Capital Markets and Services Act 2007;
(fb) any action taken under section 220 of the Capital Markets and Services Act 2007; or;
Sue everyone to prevent shareholders finding out what's going on and to cloud the issues, make all sorts of claims all is well while not paying your bills, defaulting on loans and loosing deposits, Its called 'feeding chicken poo to the ikan bilis'.
If SD is actively suing here and there, shareholders should do the same. File a class action lawsuit to sue SD and its management for monetary loss, and emotional and mental distress caused by their actions and inaction so far. If there's evidence of fraud, then isn't there all the more reason do sue the company?
This one another smart investor lose until forget his mother name, irrational, frustration, sleepless....pls don't suicide, think about your family and stop playing share, you just can't, brain too small..
hijau belalang quoted sue many parties sure got confidence will see the outcome 12/11/2021 12:33 PM
Seriously, which genius advice this suing action, really interested to know the lawyer opinion on this lol or just follow orders with 0.000000% winning chance?
#BobAxelrod Cat woman cannot stand the heat here. Has gone to donate some money at Dnex.... 12/11/2021 11:36 AM
Ye ke?
You came to Dnex in October. Mabel came to Dnex when Dnex was below 50.. Few rounds oledi..
Virgil van Dijk is the World Best Defender While Cristiano and Messi are the World Best Strikers Mabel Top Glove is the World Best Defender While Serba and Dnex are currently Mabel's Two Best Strikers
What is your concern, SD not in the top 30 list of EPF holding, all these gov agency lose a lot money at oil and gas counter, PNB lose billion also no problem, pay dividend as usual.
SD is just small portion of the EPF investment portfolio....omg... EPF will lose more if foreign institute lose confident of Market, bond rate up and FDI drop...EPF will lose more...
How can a PLC stop audit finding make public.....and sue so many parties, if no penalty on the those foreign bond holder will never step invest in Malaysia.
Even china want evergrand settle foreign bond as priority, cause it has domina effect.
Stocksafeplayer Luckily going to receive EPF dividend in 3 months’ time… if below 5%, still better than nothing! 12/11/2021 1:23 PM
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....
Stocksafeplayer
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Posted by Stocksafeplayer > 2021-11-12 11:08 | Report Abuse
Civil lawsuits or Defamatory lawsuits.... It’s about Anger Management of oneself when dealing with challenges in life & at business or work.
Wise Malay saying, “Marahkan Nyamuk, Jangan Bakar Kelambu Sendiri”
Whatever reactions or actions karim wants to take, I would hope he thinks about his own reputation and business health first la. Wisdom leads to good leadership bukan?