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

Time to see any changes

Should get it done

Will be lot sooner

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

suspension later will delisted, bilis will get nothing...previously .Many bankrupcy counters situation

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

Suspension will be over

How will the market react?

Interesting to see

Posted by superrr > 2021-11-17 12:00 | Report Abuse

Totally gone case .

Posted by BobAxelrod > 2021-11-17 12:01 |

Post removed.Why?

Posted by muhfiq > 2021-11-17 12:01 | Report Abuse

Court event is interesting too

Will see how it goes

Will play huge factor

Posted by muhfiq > 2021-11-17 12:02 | Report Abuse

Huge days ahead

Notably the Bursa action

More complex situation coming in

Posted by ǷearlꙌhite > 2021-11-17 12:02 | Report Abuse

. (updated from yesterday)
The press/media has been acting up lately. What is surprising is that with so much negativity and revelations to audit issues to missed coupon payments which are hot off the press in lighting speed for the last 5 months, something has changed since last week. Never before the tone of the media been like this for Serba Dinamik.

Just as an example, it beggars belief that TheEdge reports on 16th November 2021,

Serba Dinamik develops algorithm to identify Covid-19 through cough
https://www.theedgemarkets.com/article/serba-dinamik-develops-algorith...

While, this may be a positive news for Malaysia, why report this from a company that supposedly has governance and coupon payment issues? Begs to wonder. Even the investment community were quick to put this into the furnace as utter irrelevance to the issues at hand.

And what is more interesting is the TheEdge article on 13th November 2021,

More questions raised after Serba Dinamik's lawsuit against special independent reviewer EY
https://www.theedgemarkets.com/article/more-questions-raised-after-ser...

provided a balance view on the issues at hand. Never before have I read a single piece of news from TheEdge that considers various issues from different perspectives. Its usually a piece that puts Serba Dinamik in bad light. This article was indirectly implying that "we have to study the details from every angle and come to a reasonable and fair conclusion for all parties".

But the most crucial stunner of them all is this, MSWG's CEO decides to use FocusMalaysia to air his personal opinion on 13th November 2021.

The Serba Dinamik saga: When things come to a head
https://focusmalaysia.my/the-serba-dinamik-saga-when-things-come-to-a-...

What is striking about this is a complete lack of decisive opinion from the writer. This is very unusual, since all opinions from the writer historically has always been accompanied with some highlights of issue and actions to be taken to resolve them quickly.

"MSWG is not aware of the contents of the ‘Factual Finding Update’ and as such is unable to opine on the materiality of the findings."

Shouldn't MSWG be the one to issue a statement?

The change in media tone is apparent and there are some dead giveaways as to what is really happening behind the scenes. Writing styles do tell lies.

For one, while MSWG is not aware of the contents ‘Factual Finding Update’, that doesn't mean that MSWG's CEO isn't. His use of syntax strongly suggest that he has read and understood its contents.

For two, TheEdge's writer and/or their interviewed sources may have read and understood its contents as they questioned the legitimacy of the appointment rather than the ‘Factual Finding Update. If it was illegitimate, such findings are null and void and assumed in-complete in the end.

Key Take Away

What this means, outside the realms of the meeting, 3rd parties have read and understood the contents of the ‘Factual Finding Update'.

It also means that many of the media have been misinformed as to the actual severity of the issue and perpetuated falsehoods. Who can corroborate this?

“Directors, independent ED’s and the audit committee need to be dynamic in looking into this, as well as other aspects of the firm. The ongoing business of the company has more importance than the audit issues themselves,”.

Serba Dinamik presses on despite suspension of trading on Bursa Malaysia
https://www.freemalaysiatoday.com/category/highlight/2021/10/23/serba-dinamik-presses-on-despite-suspension-of-trading-on-bursa-malaysia/

The Independent Directors' of Serba Dinamik seem to think so.
.

Note : This is another falsehood being expunged. The ultimate regulator is Securities Commission Malaysia. They have the ultimate power and makes the final decision.

End the standoff: Serba Dinamik should make EY review public to prove it has nothing to hide
https://www.theedgemarkets.com/article/end-standoff-serba-dinamik-should-make-ey-review-public-prove-it-has-nothing-hide

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.

Don’t be held to ransom. You are the regulator.
.

Posted by ǷearlꙌhite > 2021-11-17 12:03 | Report Abuse

.
Dear all,
Please disseminate the articles that I write to your Whatsapp Group or Telegram Group.
.

Posted by getingreal > 2021-11-17 12:07 | Report Abuse

1.6 Bil in Bonds due to be repaid in a few months time, no audited accounts, an overdue interest payment of millions, a default credit rate of C! Who in their right mind would take this heap of dung private?

Posted by joyvest > 2021-11-17 12:10 | Report Abuse

objective perspectives

SC will leave it to the professional audit firm to conclude if SD has been operating in an orderly manner or not. The submission of the Audited report is not due yet.

As said, the lifting of suspension is to do with disclosure of factual findings done by EY in the spirit of transparency to all parties concerned. No disclosure , no lifting by SC. It is as simple as that.

SD has yet to pass the grace period of settlement of bond so it is still premature to say if SD is in default.

Well , Time is ticking ........ the cat will be let out of the bag very soon ......

Posted by amirf1221 > 2021-11-17 12:12 | Report Abuse

Now against time
Also from the people
Many factors to consider

Posted by InterFund® > 2021-11-17 12:13 |

Post removed.Why?

Posted by amirf1221 > 2021-11-17 12:14 | Report Abuse

Prediction for this week?
Suspension will be over?
Wonder near soon what will happen

Posted by getingreal > 2021-11-17 12:14 | Report Abuse

Malaysian Newspapers are a very pitiful lot. One of the biggest scandal's since Najibs shocking theft and we have not been abele to find even one investigative journalism article on SDs accounts and declared assets, are they real or not? Only read nonsense articles I assume written by school girls n boys, like this mornings pathetic Edge article suggesting we all close eyes and let it be.

Posted by Legend > 2021-11-17 12:16 | Report Abuse

Untung sabut timbul, untung batu tenggelam.
Tapi rasanya macam batu!

Posted by Orang_Melaka > 2021-11-17 12:19 | Report Abuse

Nobody from Melaka true? PRN Melaka can vote BN?

Posted by amirf1221 > 2021-11-17 12:19 | Report Abuse

Many news
Exciting times
More possibilities ahead

Posted by amirf1221 > 2021-11-17 12:20 | Report Abuse

Once the situation become more stable, more will come
Like before
Back to the glory days

Posted by TryMakeGoodBuy > 2021-11-17 12:22 | Report Abuse

He who come and seek equity must come with clean hands.
SD appointed EY and acknowledged by Bursa and SC.
Now SD say illegitimate appointment after 5 months!

The Edge showed fairness.
When SD has other announcement The Edge also gave coverage.
If SD thinks The Edge is telling fibs, please sue them as it is in the blood of SD to do so.

Posted by newtrader1989 > 2021-11-17 12:28 | Report Abuse

5 cents max
______________________
Depeche 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 Vicky > 2021-11-17 12:38 | Report Abuse

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

Posted by Vicky > 2021-11-17 12:38 | Report Abuse

Serba endgame is coming. Pak Karim to put up his last in No Time to Die

Posted by OpporturnityHunter > 2021-11-17 12:43 | Report Abuse

exactly leh

---------------------------------------------------------------------------------
kabukiman my thinking like that.

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

if suspend to eternity how?
17/11/2021 11:30 AM

Posted by PSAi3alert > 2021-11-17 12:43 | Report Abuse

Ok. Will do.

Can you please provide your ward's number?

Will need the info for your correspondence address.

Ward Number:
Hospital Bahagia Ulu Kinta,
31250 Tanjung Rambutan,
Perak Darul Ridzuan


p.s.

For one, stay strong.

For two, keep working on your Key Action Positive United Team (KAPUT) initiatives.

For three, never ever reveal to anyone that you can read minds!

p.p.s.

The Chancellor of the Klingon Empire will get you out soon.


ǷearlꙌhite .
Dear all,
Please disseminate the articles that I write to your Whatsapp Group or Telegram Group.
.
17/11/2021 12:03 PM

Posted by OpporturnityHunter > 2021-11-17 12:45 | Report Abuse

@BobAxelrod, do u mean SC open one eye and close one eye and allow pump and dump, insider trading and leaked info before announcements made in other counters ??????????

----------------------------------------------------------------------------------------------------------------------
BobAxelrod If you make comparison, SC has been compliant and most lenient for most of the counters, players, institutions and foreign funds. So many pump and dump, insider trading and leaked info before announcements made. Yet they just hope in the best interest of players and seduction.

SD had blatantly and unceremoniously duped SC and shunned Audit report on Financial statements. SC allowed time and patience for them to have more opportunities to correct themselves. Yet they feel embolden and ignore Rules and Regulations, especially deadlines. So, in respect, SC had no alternatives but to act indifferently and within stipulated Law and time.

Just bring the Truth forward and all will be made clearly know without doubt as to who are the culprits.

Posted by Vicky > 2021-11-17 12:46 | Report Abuse

https://themalaysianreserve.com/2021/11/17/trust-accountability-audit-needed-on-serba-dinamik/

Posted by Vicky > 2021-11-17 12:48 | Report Abuse

Serba endgame is near. Date 29.11.21. Please be seated to enjoy the glide to eternity.

Posted by Vicky > 2021-11-17 12:49 | Report Abuse

A good company since early of the year. Today looks like being destroyed. So sad...

Posted by BobAxelrod > 2021-11-17 12:58 |

Post removed.Why?

Posted by OpporturnityHunter > 2021-11-17 12:59 | Report Abuse

may be Karem too rich liao, SD can survive will even delisted leh, lah lah lah lah lah

Posted by OpporturnityHunter > 2021-11-17 13:01 | Report Abuse

I am a niewbie leh, dont know how to compare, can you teach me how to compare leh

------------------------------------------------------------------------------------------------------

BobAxelrod Hahaha...would I post anything to incriminate myself? I said there could be and only with sufficient evident, SC would prosecute. Otherwise, it's a waste of time. That's the meaning.

Posted by Leoleo > 2021-11-17 13:01 | Report Abuse

Go private does not solve the issue. Investtor losing big money on shop lot company.

Posted by superrr > 2021-11-17 13:02 | Report Abuse

Do u think a listed company cannot provide his A/C , and they can continue to trade in the shares market to cheat those bilis ?? Two good suspended companies in Bursa ?? hahaha

Posted by BobAxelrod > 2021-11-17 13:04 | Report Abuse

Well, obviously, opportunityhunter doesn't think so. He's saying no suspensions.

Posted by BobAxelrod > 2021-11-17 13:06 |

Post removed.Why?

Posted by superrr > 2021-11-17 13:07 | Report Abuse

It seems like tenant can't pay rental live in the house forcibly....Good Tenant not paying rent ?

Posted by BobAxelrod > 2021-11-17 13:09 | Report Abuse

Well, someone have their head so far up their azzz, they cannot even see daylight, let alone what's right or wrong.

Posted by BobAxelrod > 2021-11-17 13:11 |

Post removed.Why?

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

Red light go....sb scib..haha

Posted by solomolo > 2021-11-17 13:16 | Report Abuse

Here is the story...EY issued a bad SIR...The SC investigation did not see anything wrong with the audit...what will happen to EY and KPMG?...willing to pay millions...hehe

Posted by Benhobenhobenho > 2021-11-17 13:19 | Report Abuse

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

Posted by superrr > 2021-11-17 13:19 | Report Abuse

Malaysia audit companies is up to international standards...

Posted by TomyamGong > 2021-11-17 13:25 | Report Abuse

Serbadk will be just like this until 2022 ? I really doubts so ...

Posted by superrr > 2021-11-17 13:30 | Report Abuse

Don't know kpower will follow the format ?

Posted by Hop333 > 2021-11-17 13:44 | Report Abuse

Let's wait and see, i expect some respond from Serba by end of today :)

Posted by Surebet > 2021-11-17 13:48 | Report Abuse

SD need to fork out rm130m by dec 31 to service debts. BOLEH BAYAR KE KARIM KARAM JUAL SAHAM ENGKAU 10C SEKARANG.

Posted by OpporturnityHunter > 2021-11-17 13:48 | Report Abuse

Karem may think, siapa peduli, aku ada banyak duit, suspend, suspend leh,who care , hehehehe

--------------------------------------------------------------------------------------------------------------------------
Benhobenhobenho https://www.theedgemarkets.com/article/end-standoff-serba-dinamik-shou...

Posted by OpporturnityHunter > 2021-11-17 13:49 | Report Abuse

i masih boleh hidup good good even you suspend SD loh, lah lah lah lahlha

Posted by Legend > 2021-11-17 13:51 | Report Abuse

Relax...lawan tetap lawan...haha