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

Panorama1

971 posts

Posted by Panorama1 > 2021-11-24 09:00 | Report Abuse

Removing judge too ? If there are no issues and everything is factual, why the protracted delay ? It should be immediate disclosure and BAU thereafter.

InterFund®

1,777 posts

Posted by InterFund® > 2021-11-24 09:02 |

Post removed.Why?

Wirajati

610 posts

Posted by Wirajati > 2021-11-24 09:04 | Report Abuse

Removing judge too, kah kah...manyak suwey ini SD ekeke

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2021-11-24 09:08 |

Post removed.Why?

muhfiq

759 posts

Posted by muhfiq > 2021-11-24 09:14 | Report Abuse

Quite interesting

Near the day

We're waiting for it

muhfiq

759 posts

Posted by muhfiq > 2021-11-24 09:15 | Report Abuse

Will see how they respond

Not usual practise like before

To the court is the best remedy

Yu_and_Mee

3,452 posts

Posted by Yu_and_Mee > 2021-11-24 09:20 | Report Abuse

Bursa request for SIR already, so how? publish or not?

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2021-11-24 09:26 |

Post removed.Why?

Posted by shareprofit > 2021-11-24 09:27 | Report Abuse

ceo and gang shud be brought to jail for causing losses to so many ppl

jeffchan1901

1,384 posts

Posted by jeffchan1901 > 2021-11-24 09:27 | Report Abuse

sue here, sue there,.. question is can dead cat bounce??

https://www.youtube.com/watch?v=ERqbQlrq05Y

muhfiq

759 posts

Posted by muhfiq > 2021-11-24 09:30 | Report Abuse

When will have the verdict?

Pretty interesting

Then will know which one is right

Speedrc

104 posts

Posted by Speedrc > 2021-11-24 09:33 | Report Abuse

same send Yr17/18 all promote SD O&G diamonds “guru guru “ to jail too!


shareprofit :ceo and gang shud be brought to jail for causing losses to so many ppl
24/11/2021 9:27 AM

wongchin

1,006 posts

Posted by wongchin > 2021-11-24 09:34 | Report Abuse

Where is all the promoter gone? Must be cracking the head to find exuse n reason nw to promote again. Hehe

ǷearlꙌhite

1,652 posts

Posted by ǷearlꙌhite > 2021-11-24 09:44 | Report Abuse

.
Are my posts a pre-cursor of what is to come?

InvestorKING Pearl white today so aggressive, something Big must be happening
22/11/2021 12:41 PM


Remember, attention details.

1) TheEdge/Bursa doesn't use the words Factual Findings Update (FFU), now its Special Independent Review (SIR). Why not FFU?

"... four scope of its Special Independent Review (SIR) of the company."


2) The word "initial" - meaning work in progress? Will the initial findings change when completed?

“material information” from E&Y initial report which must be disclosed to the public.


3) The word "findings" - meaning completed in Bursa's interpretation? What is going on with the terms initial and findings?

"to seek a court order to compel Serba Dinamik to make a public announcement of the SIR findings."


4) Does Bursa accept this? Work to be done all over again? Oh dear! Can't Bursa direct to continue with EY Consulting?

"It also sought a court order directing Serba Dinamik to complete the SIR with E&Y or in the event of EY's premature resignation or its termination, the court orders the company to appoint an independent reviewer with international affiliation within 14 markets days for the SIR to be completed."


5) In the event of disclosure of unqualified AR2020/21 and QR 9/21, suspension will still be in effect.

“Its continuing refusal and/or failure to comply with the directive (by Bursa) warrants Bursa to do all acts necessary to enforce and give effect to the directive."

https://www.theedgemarkets.com/article/why-bursa-sought-serba-dinamik-be-compelled-make-public-announcement-independent-review
.

ǷearlꙌhite

1,652 posts

Posted by ǷearlꙌhite > 2021-11-24 09:47 | Report Abuse

.
Anyhow, Bursa is doing their job.
.

Vicky

1,465 posts

Posted by Vicky > 2021-11-24 09:48 | Report Abuse

Serba got nothing to hide. Be bold and release the report for investors to analyse !

PSAi3alert

982 posts

Posted by PSAi3alert > 2021-11-24 09:49 | Report Abuse

Promoters will return with their usual comments:

Mr Fat Cat: "I only have comment for Bangla courier boys - Turn off the lights, take a deep breath.... Relax..."

pearlblack: "We have been aware and would officially state that we will deny and prevent the hostile takeover of Serba Dinamik Berhad through guerilla tactics."

Dishonesty: "Between"

kabukiman

324 posts

Posted by kabukiman > 2021-11-24 09:51 | Report Abuse

@bobvic96: interesting

why judge didnt recluse himself?

so obvious there will be personal bias

Yu_and_Mee

3,452 posts

Posted by Yu_and_Mee > 2021-11-24 09:51 | Report Abuse

Bursa action is reasonable. All public listed companies should be transparent, no hiding something. We are stakeholders, we have the right to know detail after dragging for so long time.
I support Bursa. If one company can do like this by it's own way, then other companies will follow.

morivae

443 posts

Posted by morivae > 2021-11-24 09:52 | Report Abuse

Kudos to Bursa for standing up and protecting the investors, if there's any wrongdoing the directors/management need to be held accountable.

InterFund®

1,777 posts

Posted by InterFund® > 2021-11-24 09:53 |

Post removed.Why?

Sneakpeek

2,199 posts

Posted by Sneakpeek > 2021-11-24 09:56 | Report Abuse

See how they running the company like private entity..SD directors should be blacklisted from any public companies.

Yu_and_Mee

3,452 posts

Posted by Yu_and_Mee > 2021-11-24 10:05 | Report Abuse

if wrongdoing confirmed on any company, SC should take legal action against company's director, CEO and CFO. Serious penalty such as jail instead of fine only millions. If a fraud company or insider trading found, they could have made over billions, so millions of fine just a piece of
"Nose feces" to them.
Our money also work die hard to get it. If invest or trade failed, then okay, accept it. But due to fraud of insider trading, then where is the justice and protection against us?

ǷearlꙌhite

1,652 posts

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

.
Do you want to know what was replied to Bursa/EY's affidavits last week? Nov 18th?

“I will allow the plaintiff (Serba Dinamik) to respond to the affidavits following their request within one week of today (Nov 11). As to their request for an ad interim [injunction] and balancing in the interests of justice, this court orders that no ad interim order be granted," ruled Justice Datuk Ahmad Fairuz Zainol Abidin.

https://www.theedgemarkets.com/article/court-dismisses-serba-dinamiks-application-ad-interim-injunction-against-bursa-and-ey

The answer is here,

https://focusmalaysia.my/too-premature-to-release-serbas-still-work-in-progress-sir/


The key takeaway is of course, with latest OS from Bursa, I am very sure new presentations and findings documents will surface with correct terminologies, disclaimers and authors.
.

PSAi3alert

982 posts

Posted by PSAi3alert > 2021-11-24 10:19 | Report Abuse

Yes, pre-cursor to you washing backside.



ǷearlꙌhite .
Are my posts a pre-cursor of what is to come?

InvestorKING Pearl white today so aggressive, something Big must be happening
22/11/2021 12:41 PM

.
24/11/2021 9:44 AM

Mabel

23,572 posts

Posted by Mabel > 2021-11-24 10:25 | Report Abuse

#solomolo now the whole world knows...Serbadk shares were suspended because the Bursa did not follow the prescribed act...that is why the Bursa had to use a court order...LOL
24/11/2021 8:02 AM

#ǷearlꙌhite .
Anyhow, Bursa is doing their job.
.
24/11/2021 9:47 AM

Ya Lor...

Simple things like this pong cannot understand...Innocent until Proven Guilty..

Meanwhile just stay calm. Beside there's nothing much we can do about it...

Please continue to Goyang Kaki ...Just let the boys do their job. After all they are working for us...

To Our Success !

Meow

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-11-24 10:27 | Report Abuse

No idea what this serbadk trying to do. Want to sue everyone in the court but turn out no courage to show in court at all.

Mabel

23,572 posts

Posted by Mabel > 2021-11-24 10:27 | Report Abuse

#PSAi3alert Promoters will return with their usual comments:

Mr Fat Cat: "I only have comment for Bangla courier boys - Turn off the lights, take a deep breath.... Relax..."

pearlblack: "We have been aware and would officially state that we will deny and prevent the hostile takeover of Serba Dinamik Berhad through guerilla tactics."

Dishonesty: "Between"
24/11/2021 9:49 AM

Ya lor..

Serba has the best Lawyers in town...

Turn off the lights, take a deep breath.... Relax...

If you find it hard to relax...Do the Hustle....

https://www.youtube.com/watch?v=V3kE0rvAJhM&list=RDV3kE0rvAJhM&start_radio=1

Do It!

Depeche

4,451 posts

Posted by Depeche > 2021-11-24 10:34 | Report Abuse

Now can count the damages done by
1) Bursa's sudden suspension without warning... and
2) SD's nonchalant attitude towards datelines and regulations.
But most unbelievable of all, the local and foreign investors who confidently bought into a "shining star" of Malaysia may see every sen of their monies wiped out.... what a precedent should that happens.
The lawsuit between Bursa and SD is more about nitpicking words and phrases... "initial factual findings" or "independent special review findings".... definition of "material" and "immaterial" etc .
Holders just prepare for total losses... that way, the eventual outcome will not sting as much.

PSAi3alert

982 posts

Posted by PSAi3alert > 2021-11-24 10:35 | Report Abuse

You are jumping the gun.

SC has yet to commence civil and criminal actions against Serba and it's directors.

So, at this juncture there is no need for Serba to prove innocence.

However, the onus is on Serba to prove the existence of dubious projects, customers, revenue, etc.

That burden of proof is with Serba and has never shifted.



Process Dynamics - fake project
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Block 7 - fake project
Future Digital Data Systems LLC - fake project
Lata International Trading and Services - fake project
Regno International Trading & Services W.L.L - fake project
Midad Industrial Services - fake project
PT Pilar Bahtera Energi - fake project
Revenue International LLC - fake project
Sufini Holdings Ltd - fake project
Captiv Techno Solutions Private Limited - fake project
Analog and Digital Labs India Private Limited - fake project
Hazarasp Chlor Alkali LLC FC - fake project
Nam Taep 1,2,3 Hydropower Co Ltd - fake project
Hydro Village Private Ltd - fake project


Mabel

Ya Lor...

Simple things like this pong cannot understand...Innocent until Proven Guilty..

Meanwhile just stay calm. Beside there's nothing much we can do about it...

Please continue to Goyang Kaki ...Just let the boys do their job. After all they are working for us...

To Our Success !

Meow
24/11/2021 10:25 AM

Mabel

23,572 posts

Posted by Mabel > 2021-11-24 10:41 | Report Abuse

Wait lar...

Few more days to go to 30th November...

We cross the bridge when we get there...

Nothing to panic mah...

Talk Talk Talk also no point...

Let the big boys do their job...

Meow

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2021-11-24 10:45 |

Post removed.Why?

Huangbk72

4,944 posts

Posted by Huangbk72 > 2021-11-24 10:48 | Report Abuse

In terms of words count posted.. I think Mabel gets champion.. Numero Uno...

Guess he talks the most... which means also he panics the most....


Mabel Wait lar...

Few more days to go to 30th November...

We cross the bridge when we get there...

Nothing to panic mah...

Talk Talk Talk also no point...

Let the big boys do their job...

Meow

Mabel

23,572 posts

Posted by Mabel > 2021-11-24 10:56 | Report Abuse

Haha Mabel very relax one...

Can always sleep like a Baby...

Nothing to worry mah...got 1,700 people working for her...

To Our Success !

Meow

Huangbk72

4,944 posts

Posted by Huangbk72 > 2021-11-24 11:02 | Report Abuse

sure,,,

im also very relaxed

Cos i dont have shares in SD.. same like you

Everyday also sleep like a baby

Mabel

23,572 posts

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

Haha Cheers Huangbk72 !

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2021-11-24 11:12 |

Post removed.Why?

Surebet

189 posts

Posted by Surebet > 2021-11-24 11:22 | Report Abuse

If the damn courts cant follow schdule 11 nov now 24 already 2 weeks how we citizens want to follow the law

muhfiq

759 posts

Posted by muhfiq > 2021-11-24 11:29 | Report Abuse

Got ong?

Will see soon

Or the other way

Junx Leow

524 posts

Posted by Junx Leow > 2021-11-24 11:47 | Report Abuse

Wait for court case finish, probably few year time.....go vacation first, next year only come back.

amirf1221

768 posts

Posted by amirf1221 > 2021-11-24 11:49 | Report Abuse

Court process is long
Can make many things
Also can see lots of progress

Trader258

435 posts

Posted by Trader258 > 2021-11-24 12:02 | Report Abuse

Think EPF have already parked & waiting to dispose their shares at ' limit down ' price before others....

Legend

4,119 posts

Posted by Legend > 2021-11-24 12:03 | Report Abuse

KUALA LUMPUR, Nov 24 — Many people in the country aged between 30 and 45 will go bankrupt next year when most of the government aid packages end, according to the Malaysian Association of Borrowers and Consumers Solution (4PM).

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2021-11-24 12:03 |

Post removed.Why?

amirf1221

768 posts

Posted by amirf1221 > 2021-11-24 12:04 | Report Abuse

Shareholders have own plan
Even can see their action
Market will respond accordingly

Depeche

4,451 posts

Posted by Depeche > 2021-11-24 12:04 | Report Abuse

Why are there articles about audit committee, INEDS etc suddenly?

amirf1221

768 posts

Posted by amirf1221 > 2021-11-24 12:05 | Report Abuse

Pretty sure got assistance
The usual way
Then will be okay

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-11-24 12:07 | Report Abuse

3.5mil is nothing Still holds more than 100mil shares

__________________________________
BobAxelrod KPower done Off Market for 3.75 million shares at 45 sens. Seems someone is dumping in a great hurry

BobAxelrod

8,255 posts

Posted by BobAxelrod > 2021-11-24 12:10 |

Post removed.Why?

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-11-24 12:13 | Report Abuse

Yeah if he sells 50mil shares one go will be interesting to see who buys

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