Posted by leno > 2021-11-17 09:02 | Report Abuse

#TangkapKarim

Posted by yingzhe17 > 2021-11-17 09:11 | Report Abuse

#tangkapkarim movement

Posted by InvestorKING > 2021-11-17 09:22 | Report Abuse

Fong siling is one of the top 10 shareholders for Bumi Armada, while KYY is substantial shareholder for Dayang. Both bumi and dayang are oil and gas counter also

https://www.bursamarketplace.com/mkt/themarket/stock/BUAB/ownership

Posted by superrr > 2021-11-17 09:29 | Report Abuse

Mabel came back from Mars ? How is your sb promotion job in Mas ?

Posted by superrr > 2021-11-17 09:35 | Report Abuse

Come on , Mars will like those young ladies not the Mabel is over 60 old lady lol...........hahaha

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maf196 mabel if they send u to mars, plse bring along your red panties. match the red planet

want to copulate with mabel in mars
16/11/2021 10:45 PM

Posted by InvestorKING > 2021-11-17 09:40 | Report Abuse

Serba Dinamik Bhd’s standoff with market regulators and two major accounting firms over its delayed financial statements is becoming a joke. But it is definitely not funny.

To recap, the problem surfaced after its long-time external auditor KPMG highlighted discrepancies involving transactions worth some RM4.54 billion in the company's FY 2020 accounts to independent directors in May.

On the directive of Bursa Malaysia, the frontline regulator, Serba Dinamik appointed Ernst & Young Consulting Sdn Bhd (EY Consulting) to do a review of the work done by KPMG, which Serba Dinamik disputed, alleging that the audit firm had blown things out of proportion.

The company then sprang a surprise by filing a suit against KPMG, which then had to resign as the external auditor.

In the meantime, the shares of Serba Dinamik have plunged substantially, as institutional investors like Employee Provident Fund and Kumpulan Wang Persaraan (Diperbadankan) (KWAP) showed how they felt.

The market – the minority shareholders of Serba Dinamik, its bankers, the investing public and its bondholders – has been hoping that the review done by EY Consulting will shed light on whether KPMG or the oil & gas construction firm is right.

Instead, Serba Dinamik has also challenged the review done by EY Consulting and defied the directive of Bursa to make the findings public. The company said its independent directors (newly appointed after the previous ones resigned amidst the problem) did not agree that there was anything material to release.

It went one step further by also suing EY Consulting and Bursa to stop any disclosure of the review done by EY Consulting to anyone.

All these legal actions are nothing more than moves to distract from the core issue and delay the necessary action that has to be taken.

We say this to Serba Dinamik: If the information contained in the EY Consulting review is not “material”, meaning it is not significant, why don’t you just release them to prove that you are right and that KPMG, EY Consulting and Bursa are wrong? Wouldn’t it be very satisfying to show that you have nothing to hide?

To Bursa, we say this: If Serba Dinamik refuses to release the information, the exchange should lift the suspension in the trading of Serba Dinamik shares and warrants to let the market be the judge of what it thinks about this fiasco.

Posted by IdleMoney66 > 2021-11-17 09:41 | Report Abuse

Karim = Icon of Bumiputera entrepreneur

Posted by InvestorKING > 2021-11-17 09:42 | Report Abuse

With the below statements made by theedge, it's funny to say that it must be the directive from shorties to this writer to state all these statements


We say this to Serba Dinamik: If the information contained in the EY Consulting review is not “material”, meaning it is not significant, why don’t you just release them to prove that you are right and that KPMG, EY Consulting and Bursa are wrong? Wouldn’t it be very satisfying to show that you have nothing to hide?

To Bursa, we say this: If Serba Dinamik refuses to release the information, the exchange should lift the suspension in the trading of Serba Dinamik shares and warrants to let the market be the judge of what it thinks about this fiasco.

Posted by hijau belalang > 2021-11-17 09:45 | Report Abuse

heard that a lot
how is the progress?


Posted by yingzhe17 > Nov 17, 2021 9:11 AM | Report Abuse

#tangkapkarim movement

Posted by hijau belalang > 2021-11-17 09:46 | Report Abuse

in certain scenario SD need to execute other way
explore other things
be like before

Posted by Jkoay > 2021-11-17 09:51 | Report Abuse

Jail time for fraudulent Company directors

Posted by stockraider > 2021-11-17 09:55 | Report Abuse

The advice below by The Edge is dead wrong loh!

If Bursa lift the suspension without proper release of info from the audit findings....innocent naive parties are likely to get hurt mah!

Thus BURSA should no compromise until proper release of info b4 lifting of suspension loh!

"To Bursa, we say this: If Serba Dinamik refuses to release the information, the exchange should lift the suspension in the trading of Serba Dinamik shares and warrants to let the market be the judge of what it thinks about this fiasco."!

Posted by Huangbk72 > 2021-11-17 09:59 | Report Abuse

Typo error:

Should be I con bumiputera entrepreneur

Hahahaha


IdleMoney66 Karim = Icon of Bumiputera entrepreneur

Posted by Huangbk72 > 2021-11-17 10:01 | Report Abuse

I also heard good news, better than KYY or Fong

Warren Buffet is looking into SD.. LU LU

https://mobile.reuters.com/article/amp/idUSL4N2KN32E

Posted by Stockhunter88 > 2021-11-17 10:09 | Report Abuse

So who is the next 1 to sue?

Posted by Panorama1 > 2021-11-17 10:11 | Report Abuse

Release SIR, Annual Audited Accounts and Annual Report ASAP. Once Shareholders and investing fraternity given sufficient time to digest all the disseminate financial information, Suspension can thereafter be lifted and investment community will be the judge and jury.

Posted by nicholas99 > 2021-11-17 10:17 | Report Abuse

Serba unwilling to release the sir and put the interest of public investor at risk...

Posted by getingreal > 2021-11-17 10:18 | Report Abuse

I read the Edge article suggesting Bursa should lift the suspension on SD and in doing so allowing the massive perpetuation of a possible criminal fraud. I've no idea how the Editor allowed it to be printed and promoted in the Edge. Just goes to show these guys have no idea how the markets works and how investors rely on Bursa policing public companies to ensure fair and transparent information that can be relied upon. The Edge article is irresponsible and well, just plain dumb.

Posted by nicholas99 > 2021-11-17 10:19 | Report Abuse

kesian mabel cannot sleep.. sleepless night.

Posted by OpporturnityHunter > 2021-11-17 10:19 | Report Abuse

bumi serbadk dijatuhkan oleh bumi SC, hehehehe.That is why ppl said in front of money, there is no relative, friend, father or mother, heheheeh


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InvestorKING Fong siling is one of the top 10 shareholders for Bumi Armada, while KYY is substantial shareholder for Dayang. Both bumi and dayang are oil and gas counter also

https://www.bursamarketplace.com/mkt/themarket/stock/BUAB/ownership
17/11/2021 9:22 AM
17/11/2021 10:17 AM

Posted by AnchoviesswimwithSha > 2021-11-17 10:24 | Report Abuse

Looks like this company & its fund is linked to some political party hence they won't let the investigation report being shown to the public

Posted by kabukiman > 2021-11-17 10:26 | Report Abuse

@gettingreal

price discovery. RM 2+ now 35sen.

Why the suspension? Let market whack or buy up. Market forces.

Suspension serve no purpose.

Posted by Depeche > 2021-11-17 10:32 | Report Abuse

Mabel...u notice i3 tp for SD today is 1.73...it was 0.91 yesterday...LOL.

Posted by OpporturnityHunter > 2021-11-17 10:38 | Report Abuse

aiyoyo, boleh trading baru cakap TP leh, sekarang cakap tp lebih bagus beli toto and magnum, still got chance to win jackpot

Posted by OpporturnityHunter > 2021-11-17 10:48 | Report Abuse

i fikir, Karem degil, SC dagil, sama sama degil, now have to see who can wait longer leh, lah lah lah lah lah. If Karem cannot tahan lagi, SIR will automatically out soon. hehehehehe

Posted by tradersampah > 2021-11-17 10:49 | Report Abuse

13days to go

Posted by OpporturnityHunter > 2021-11-17 10:51 | Report Abuse

If Serbadk cannot tahan lagi, sik ada duit lagi, sure, will announce SIR cepat cepat without saying anything. Delay satu hari, rugi satu hari, delay satu bulan, rugi satu bulan, delay satu tahun, rugi satu tahun. cry cry cry. See Serbadk punya condition, I also want to know how long can Karem delay, lah lah lah lah lah lah lah lah

Posted by Depeche > 2021-11-17 10:52 | Report Abuse

Aiya ... not my tp... how to talk about tp? Talk about delisting farewell party...LOL

Posted by OpporturnityHunter > 2021-11-17 10:53 | Report Abuse

I fikir Karem dah sik ada duit, jual -SB-WB, jual Kpower punya share, kesian betul. cry cry cry. Tapi, siapa panggil you tak nak announce SIR, hehehehehehe.

Posted by Sslee > 2021-11-17 10:53 | Report Abuse

Suspension is to prevent insiders dump all their share to ikan bilis chasing high.

Posted by OpporturnityHunter > 2021-11-17 10:54 | Report Abuse

13 days or 13 bulan or 13 years, make huge different leh leh leh e

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tradersampah 13days to go
17/11/2021 10:49 AM

Posted by OpporturnityHunter > 2021-11-17 10:59 | Report Abuse

@sslee, do you think SC so good heart meh ?? you ask all the investors here, semua mati after terus suspension, no chance to run at all。 SC always use the same excuse to make many investors titik peluh gone just like that, the so called immediate suspension . I think Badan Pencegah Rasuah should investigate SC especially those directors to check if they are clean or not leh , lah lah lah laha
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Sslee Suspension is to prevent insiders dump all their share to ikan bilis chasing high.
17/11/2021 10:53 AM

Posted by OpporturnityHunter > 2021-11-17 11:01 | Report Abuse

Any one holding high position at Badan Pencegah Rasuah here, should open a file and check SC especially those directors to see if they are clean or not leh , lah lah lah lah lah

Posted by OpporturnityHunter > 2021-11-17 11:02 | Report Abuse

how to log a report to Badan Pencegah Rasuah leh, can anyone give any email , lah lah lah lah lah lah lah kah

Posted by Depeche > 2021-11-17 11:05 | Report Abuse

Seriously, u think Karim will sell all his over 700m shares at this dirt cheap price and let somebody take over his empire he took years of blood, sweat and tears to build.... moreover, he could have sold when SD still not suspended.. . But he was buying instead... some say it's a trap... but can buying few million shares jack up the price by 200-300%... LOL

Posted by OpporturnityHunter > 2021-11-17 11:07 | Report Abuse

i really suspect SC just like SC suspect SD. Many report saying that certain counters manipulate prices , not action at all from SC. so I wish to report to Badan Pencegah Rasuah leh, any email for me , lah lah lah lah lah

Posted by tradersampah > 2021-11-17 11:07 | Report Abuse

the question now when its will be release for trading?
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Depeche Seriously, u think Karim will sell all his over 700m shares at this dirt cheap price and let somebody take over his empire he took years of blood, sweat and tears to build.... moreover, he could have sold when SD still not suspended.. . But he was buying instead... some say it's a trap... but can buying few million shares jack up the price by 200-300%... LOL
17/11/2021 11:05 AM

Posted by Vicky > 2021-11-17 11:08 | Report Abuse

well it is a disgrace if Serba fails this trial as a renown Bumi company. Serba lives !!!

Posted by Huangbk72 > 2021-11-17 11:10 | Report Abuse

I see neverland

Seriously… SD is preventing trading of their counter.:

They want to bury SIR

Posted by OpporturnityHunter > 2021-11-17 11:11 | Report Abuse

aiyoyo, let Badan Pencegah Rasuah investigate SC first lah before saying when SD will be release for trading , lah lah lah lah lah

Posted by OpporturnityHunter > 2021-11-17 11:13 | Report Abuse

The best situation is Badan Pencegah Rasuah investigate SC, SC investigate SD, if all clean, all good good. if not, cry cry cry cry

Posted by Depeche > 2021-11-17 11:14 | Report Abuse

In a Malaysia Reserve article, the writer ponder about the possibility of SD going private... at what price leh if SD does so...

Posted by BobAxelrod > 2021-11-17 11:23 |

Post removed.Why?

Posted by kabukiman > 2021-11-17 11:30 | Report Abuse

my thinking like that.

suspension slam door shut. if ikan bilis can get 10% backk, still money.

if suspend to eternity how?

Posted by BobAxelrod > 2021-11-17 11:35 |

Post removed.Why?

Posted by BobAxelrod > 2021-11-17 11:44 |

Post removed.Why?

Posted by joyvest > 2021-11-17 11:44 | Report Abuse

XXX,

1. Indiscriminate lifting of suspension implies two things

2. One , SD is not guilty of withholding publicly available information

3. Second , SC is inefficient and unfair

4. Lets keep it simple, suspension can be lifted by SC provided that the factual findings done by EY can be disclosed by SD

5 Thereafter, let the market force take its course to see how far SD could go .... to the MARS of ecstasy or the Hell of agony ,like the cat womsn quotes" one man's meat and another man poison "

Posted by BobAxelrod > 2021-11-17 11:51 |

Post removed.Why?

Posted by BobAxelrod > 2021-11-17 11:56 |

Post removed.Why?

Posted by Profit77 > 2021-11-17 11:57 | Report Abuse

https://www.theedgemarkets.com/article/end-standoff-serba-dinamik-should-make-ey-review-public-prove-it-has-nothing-hide?type=malaysia

This should be fair and square to all parties.