Posted by BobAxelrod > 2021-11-24 12:16 |

Post removed.Why?

Posted by Mabel > 2021-11-24 12:20 |

Post removed.Why?

Posted by Mabel > 2021-11-24 12:21 |

Post removed.Why?

Posted by BobAxelrod > 2021-11-24 12:21 |

Post removed.Why?

Posted by amirf1221 > 2021-11-24 12:37 | Report Abuse

Will know the outcome near soon
Exciting time
Or can get to different path

Posted by rr88 > 2021-11-24 13:04 | Report Abuse

Mabel lubang jubo. Stucked at above 1.15. All knows this except mabel. Truly lubang jubo.

Same boat as Karim lubang jubo. Lubang jubo who gali lubang taik sana sini. Dari perlis ka sabah bau taik busok.

Posted by Depeche > 2021-11-24 13:10 | Report Abuse

There are a few articles about SC today... the timing of these articles are interesting.

Posted by canbuyla > 2021-11-24 13:10 | Report Abuse

koyak

Posted by Mabel > 2021-11-24 13:18 | Report Abuse

#rr88 Mabel lubang jubo. Stucked at above 1.15. All knows this except mabel. Truly lubang jubo.

Same boat as Karim lubang jubo. Lubang jubo who gali lubang taik sana sini. Dari perlis ka sabah bau taik busok.
24/11/2021 1:04 PM

You are talking about you ke?

Meow

----
Mabel @TanDavid88 Posted by Mabel > Oct 26, 2019 2:45 PM | Report Abuse

TanDavid88

Thanks for sharing. This rr88 only knows to wack people everywhere he goes and claims he makes millions.

He said the same things in Greatec and TM when he sold too early and he brag makes millions.

Never did check what he said is correct as he has the tendency to delete what he wrote..

Now I know.. Thanks for sharing with us..
-----

Mabel,
rr88 always attacked you.
I know that you are better than him in term of knowledge at least 100 times.
Do you notice that rr88 shouting "sell" almost in all stocks listed in KLSE.

A big question ask ?
Will rr88 kept Penta for 3 years ? I think the answer is no.
I read through rr88's postings, he lost in stock market until he wanted to cry.
Do you think he can afford to buy 1.6 million of Penta and kept for 3 years ?
Answer is he cannot afford to buy and he also did not have the patience to wait for 3 years.
26/10/2019 9:38 PM
----

Posted by derrtan > 2021-11-24 13:26 | Report Abuse

resume trading sure limit down!!!!

Posted by PSAi3alert > 2021-11-24 13:28 | Report Abuse

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

KUALA LUMPUR (Nov 24) : Since Oct 21, this year Bursa Malaysia had advised Serba Dinamik Holdings Bhd to make a public announcement with regards to the Ernst and Young Consulting Sdn Bhd (E&Y) findings over the four scope of its Special Independent Review (SIR) of the company.

In an affidavit in support by Julian Mahmud Hashim, Bursa's chief regulatory officer (CRO), it was stated that a joint meeting was held on Oct 21, attended by representatives from Bursa, Serba Dinamik independent non-executive directors (INED), and E&Y, and in the meeting Bursa felt in its considered judgement there are “material information” from E&Y initial report which must be disclosed to the public.

“This follows the findings are reasonably expected to have a material effect on the price, value or market activity of Serba Dinamik and the decision of a holder of securities of the company or an investor in determining its, or his or her choice of action,” in court documents sighted by theedgemarkets.com.

The court documents filed by Messrs Chooi & Company + Cheang & Ariff, are in relation to Bursa's announcement on Tuesday (Nov 23) evening, to seek a court order to compel Serba Dinamik to make a public announcement of the SIR findings.

In Bursa's application, it is seeking a declaration that Serba Dinamik had contravened or breached and is in continuing contravention and breach of its obligations under the Main Market Listing Requirements (MMLR), when it refused or failed to comply with Bursa's instructions on Oct 22.

It also sought Serba Dinamik to be compelled to disclose the E&Y's SIR and the KPMG findings.

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.

The SIR was done to assess the veracity and accuracy in matters raised by KPMG, as the auditor found questions regarding the recognition of Serba Dinamik and its subsidiaries revenue, purchases, receivables, payables and materials on site balances which may affect the company's financial position.

In the Oct 21 joint meeting, Bursa also informed Serba Dinamik's obligations to announce the SIR findings.

“However, the INED of the company who were present, expressed their concern on the timing of making the announcement, in light of the absence of the chairman at the joint meeting.”

“The next day, Bursa contacted Serba Dinamik to advise it and present its views again for them to make an immediate announcement of the findings, to which the company was of the opinion that the findings are not material information and does not warrant an announcement,” the affidavit states.

Suspension of trading
In light of Serba Dinamik's refusal to make the announcement, and pursuant to Bursa's powers under the MMLR, Bursa decided to suspend the trading of the company's securities on Oct 22.

“After the suspension, on Oct 22, Bursa issued a directive to Serba Dinamik to disclose the findings and directs it to make an announcement on the findings by Oct 26, failing which it shall effect a suspension of trading of it’s securities on the next market day.

“However, Serba Dinamik failed to comply with the directive,” the court document said adding this led to Serba Dinamik's securities trading to be suspended with effect from 9am on Oct 27.

Bursa further alleged that Serba Dinamik's refusal and failure to disclose the findings is a contravention of MMLR requirements.

“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.

“This honourable court has the power to make such orders pursuant to Section 360(1)(c)(i) and/or (ii) (J) and/or (K) and/or (M) and read together with s 360(4) of the Capital Markets and Services Act, inter alia for Serba Dinamik to make an announcement on the findings,” the legal document said.

Posted by PSAi3alert > 2021-11-24 13:29 | Report Abuse

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

Serba Dinamik seeks to remove presiding judge
Meanwhile, Serba Dinamik had earlier this month filed two separate actions at the High Court against Bursa and also E&Y to stop them from releasing the findings.

A case management of the case was done on Tuesday (Nov 23), before Justice Datuk Ahmad Fairuz Zainol Abidin, where it is understood the company sought to have the judge removed from presiding over the case.

This follows Justice Ahmad Fairuz had previously served with the Securities Commission (SC) as its deputy chief executive before becoming a High Court judge.

Serba Dinamik, which had sought an injunction against Bursa and E&Y from releasing the report, earlier this month had sought more time from the judge to respond and answer Bursa and E&Y's affidavit in reply to oppose the application.

Following that the application for the hearing of the injunction has now been fixed on Dec 8 by Justice Ahmad Fairuz.

The judge however, on Nov 11, dismissed the company's application for an ad-interim injunction to bar Bursa and E&Y from releasing the findings before the hearing date on Dec 8.

Posted by tvz32 > 2021-11-24 13:48 | Report Abuse

2 more weeks before bond payment considered as being defaulted

Posted by nich0las > 2021-11-24 13:59 | Report Abuse

What still want resume trading kah? Sure kick out from klse.

Posted by ǷearlꙌhite > 2021-11-24 14:01 | Report Abuse

.
It is great to see that TheEdge coverage of Serba Dinamik since this week has more meat to the bone compared to previous months.

This is after a word of advise from their "sifu".

However, it is not enough to present a one sided response, when there is none from Serba Dinamik. Obviously, Serba Dinamik would not entertain TheEdge anymore, unless to get the facts straight on errors made by TheEdge.

It would be good to have legal "expert opinions" as to what is next, since there are summonses from both sides and what to expect if certain senarios are played out.

That would be good journalism and pissing straight at your subject matters.
.

Posted by bojed > 2021-11-24 14:04 | Report Abuse

All this nonsense can be avoided had SD announce the findings of the SIR in the first place.

Posted by shpg22 > 2021-11-24 14:21 | Report Abuse

Serbak...tak sedar diri lagi...masih high

Posted by Mabel > 2021-11-24 14:26 | Report Abuse

Soon our concern will be over...

PRN SARAWAK 18 DISEMBER

Suruhanjaya Pilihan Raya (SPR) menetapkan Pilihan Raya Negeri Ke-12 (PRN-12) Sarawak diadakan pada 18 Disember depan.

Baca seterusnya:
https://ahmadalikarim.com/2021/11/24/prn-sarawak-18-disember/

Meow

Posted by paulthesotong > 2021-11-24 14:33 | Report Abuse

SD next project.. A novel " How to get Con in Malaysia"

Posted by Layman2020 > 2021-11-24 14:49 | Report Abuse

https://ukas.sarawak.gov.my/2021/11/23/sarawak-negeri-pertama-di-malaysia-mewujudkan-stesen-pelbagai-bahan-bakar/

Posted by treatshijau > 2021-11-24 14:55 | Report Abuse

evening already
will see changes?

Posted by tradersampah > 2021-11-24 15:02 | Report Abuse

let wait SD response today

Posted by Surebet > 2021-11-24 15:16 | Report Abuse

Bursa filed case yesterday thank god

Posted by treatshijau > 2021-11-24 15:19 | Report Abuse

more progress
not stagnant anymore
sure more effect will follow


Posted by Surebet > Nov 24, 2021 3:16 PM | Report Abuse

Bursa filed case yesterday thank god

Posted by treatshijau > 2021-11-24 15:19 | Report Abuse

prediction?
will respond in strict style?


Posted by tradersampah > Nov 24, 2021 3:02 PM | Report Abuse

let wait SD response today

Posted by Call Me Daddy, OK? > 2021-11-24 15:25 | Report Abuse

Wow, not happy with the Judge, REMOVE IT!!!

What else? The current auditors, chairman & executives of Bursa & SC, merchant bankers, advisers, .... list goes on.

----------------------
PSAi3alert https://www.theedgemarkets.com/article/why-bursa-sought-serba-dinamik-...

Serba Dinamik seeks to remove presiding judge
Meanwhile, Serba Dinamik had earlier this month filed two separate actions at the High Court against Bursa and also E&Y to stop them from releasing the findings.

A case management of the case was done on Tuesday (Nov 23), before Justice Datuk Ahmad Fairuz Zainol Abidin, where it is understood the company sought to have the judge removed from presiding over the case.

This follows Justice Ahmad Fairuz had previously served with the Securities Commission (SC) as its deputy chief executive before becoming a High Court judge.

Serba Dinamik, which had sought an injunction against Bursa and E&Y from releasing the report, earlier this month had sought more time from the judge to respond and answer Bursa and E&Y's affidavit in reply to oppose the application.

Following that the application for the hearing of the injunction has now been fixed on Dec 8 by Justice Ahmad Fairuz.

The judge however, on Nov 11, dismissed the company's application for an ad-interim injunction to bar Bursa and E&Y from releasing the findings before the hearing date on Dec 8.
24/11/2021 1:29 PM

Posted by treatshijau > 2021-11-24 15:27 | Report Abuse

getting more heat
will see more action
fireee

Posted by Stockisnotfun > 2021-11-24 15:45 | Report Abuse

Karim have gone crazy mode

Posted by superrr > 2021-11-24 16:00 | Report Abuse

Malaysia audit firms are up to the international standard indeed.. This is understandable, when a person has nothing to do with it and can't solve his big problem , he will do unreasonable things. lawyer is just doing his business.... Court cases is just a dramatically for his excuse and to delay the problem exposing..

Posted by superrr > 2021-11-24 16:09 | Report Abuse

No more chance to resume trading, .become toilet papers...and worst than toilet papers with no value..
---------------------------
derrtan resume trading sure limit down!!!!

Posted by tradersampah > 2021-11-24 16:18 | Report Abuse

Steady pak karim

Posted by neohts > 2021-11-24 16:18 | Report Abuse

How many think that Next Monday SD could submit Annual and Quarterly report ?

Posted by superrr > 2021-11-24 16:25 | Report Abuse

Steady delisted.

Posted by Vicky > 2021-11-24 16:39 | Report Abuse

Serbadk Endgame is near....

Posted by Superbull88 > 2021-11-24 16:39 |

Post removed.Why?

Posted by leno > 2021-11-24 16:45 | Report Abuse

already submit request to postpone AR to 31 Dec
waiting for bursa reply on Friday or next monday.
U agak agak bursa will approve or not ?

Posted by neohts > 2021-11-24 16:59 | Report Abuse

got any link or bursa news that SD apply to extend to 31 Dec ?

Posted by tradersampah > 2021-11-24 17:07 | Report Abuse

AR SIR nk pospon ke apa terpulang, teman cuma nk tau lifted suspension ni nak tarik bila?

Posted by paulthesotong > 2021-11-24 17:07 | Report Abuse

Satisfaction Guarantee.... next month SD will receive a nice 'surprise'
gifts from the Bankers.

Posted by superrr > 2021-11-24 17:09 | Report Abuse

SD or toilet paper, Is better to buy useful toilet paper. why buy a useless and going worthless thing..

Posted by Wirajati > 2021-11-24 17:09 | Report Abuse

Asking to postpone? Ekeke ini sd tada malu lagi. Go open your own bourse la..or go hk/singapore see they entertain or not

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

kadondon palying games non- stop...

Posted by tradersampah > 2021-11-24 17:27 | Report Abuse

nampak susut pak karim


https://www.e-serbadk.com/dymm-sultan-ibrahim-ibni-almarhum-sultan-iskandar-berkenan-menerima-menghadap-dato-dr-ir-ts-mohd-abdul-karim-di-kuala-lumpur/

Posted by IdleMoney66 > 2021-11-24 17:32 | Report Abuse

Boss Karim. Better release anything that you have to gain back confidence from public

Posted by Stockisnotfun > 2021-11-24 17:42 | Report Abuse

Postpone to December? I already said one month time not enough for them to come out something. Last 4 month also can't have any result. What do you think they will achieve something in another one month?

Posted by solomolo > 2021-11-24 17:44 | Report Abuse

...............

Serba Dinamik Berhad : DYMM Sultan Ibrahim Ibni Almarhum Sultan Iskandar berkenan menerima menghadap Dato' Dr. Ir. Ts. Mohd Abdul Karim di Kuala Lumpur

https://www.marketscreener.com/quote/stock/SERBA-DINAMIK-HOLDINGS-BE-34837516/news/Serba-Dinamik-Berhad-DYMM-Sultan-Ibrahim-Ibni-Almarhum-Sultan-Iskandar-berkenan-menerima-menghadap-37120739/

........................

Posted by hanna20 > 2021-11-24 18:11 | Report Abuse

Agree. SD should do this

Posted by bojed > Nov 24, 2021 2:04 PM | Report Abuse

All this nonsense can be avoided had SD announce the findings of the SIR in the first place

Posted by hanna20 > 2021-11-24 18:12 | Report Abuse

The settlement of SIR can give good effects to everyone.

To SD, investors and others too

Posted by dimmubroker > 2021-11-24 18:17 | Report Abuse

Another PRN is coming

Posted by Mabel > Nov 24, 2021 2:26 PM | Report Abuse

Soon our concern will be over...

PRN SARAWAK 18 DISEMBER

Suruhanjaya Pilihan Raya (SPR) menetapkan Pilihan Raya Negeri Ke-12 (PRN-12) Sarawak diadakan pada 18 Disember depan.

Baca seterusnya:
https://ahmadalikarim.com/2021/11/24/prn-sarawak-18-disember/

Meow

Posted by i3lurker > 2021-11-24 18:22 | Report Abuse

I will propose to Serba to appeal OS all the way to Federal Court to prevent SIR from being released to general public....

Hopefully will take more than 10 years

Cheers!!

Bottoms Up!!!





Posted by bojed > Nov 24, 2021 2:04 PM | Report Abuse

All this nonsense can be avoided had SD announce the findings of the SIR in the first place.