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

Posted by dimmubroker > 2021-11-24 18:28 | Report Abuse

And this time the PRN is in Sarawak.

It more interesting then.

risekita8

534 posts

Posted by risekita8 > 2021-11-24 18:42 | Report Abuse

SD still have their confidence

Posted by shpg22 > Nov 24, 2021 2:21 PM | Report Abuse

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

risekita8

534 posts

Posted by risekita8 > 2021-11-24 18:43 | Report Abuse

Maybe actually SD do really have the solutions on all the current matters.

Only time will show

Depeche

4,451 posts

Posted by Depeche > 2021-11-24 18:51 | Report Abuse

Johor Sultan granted meeting with Karim in KL... what for? Intriguing

Depeche

4,451 posts

Posted by Depeche > 2021-11-24 18:52 | Report Abuse

Karim is also selling Kpower again today... focus to save SD first?

Hop333

148 posts

Posted by Hop333 > 2021-11-24 18:54 | Report Abuse

Sultan Johor, win already..lol

solomolo

1,329 posts

Posted by solomolo > 2021-11-24 18:58 | Report Abuse

Bursa suing OS...serbadk will bring SIR to court to show in front of a judge...which is definitely SIR is not from EY...game over..loh

zoizai

1,379 posts

Posted by zoizai > 2021-11-24 19:01 | Report Abuse

Shoplot company hahaha

Posted by kamirise360 > 2021-11-24 19:03 | Report Abuse

Abah sayang Sarawak?

Lol

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 kamirise360 > 2021-11-24 19:03 | Report Abuse

Let see if PN will contest in Sarawak after this.

Umno heard that will not contesting

solomolo

1,329 posts

Posted by solomolo > 2021-11-24 19:07 | Report Abuse

Umno has never existed in Sarawak...they respect the people of Sarawak and the leaders of Sarawak

solomolo

1,329 posts

Posted by solomolo > 2021-11-24 19:13 | Report Abuse

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

UMNO tidak pernah berhasrat masuk Sarawak

SHAH ALAM - UMNO menegaskan bahawa parti itu tidak pernah berhasrat memasuki Sarawak.

Presidennya, Datuk Seri Dr Ahmad Zahid Hamidi berkata, ini kerana parti itu meletakkan sepenuh kepercayaan terhadap parti-parti tempatan di negeri tersebut.

Menurutnya, keputusan itu juga telah dimuktamadkan.

https://www.sinarharian.com.my/article/99658/BERITA/Politik/UMNO-tidak-pernah-berhasrat-masuk-Sarawak

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

shybutter

624 posts

Posted by shybutter > 2021-11-24 19:22 | Report Abuse

They know they don't have supporters in there. Hee

Posted by solomolo > Nov 24, 2021 7:13 PM | Report Abuse

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

UMNO tidak pernah berhasrat masuk Sarawak

SHAH ALAM - UMNO menegaskan bahawa parti itu tidak pernah berhasrat memasuki Sarawak.

Presidennya, Datuk Seri Dr Ahmad Zahid Hamidi berkata, ini kerana parti itu meletakkan sepenuh kepercayaan terhadap parti-parti tempatan di negeri tersebut.

Menurutnya, keputusan itu juga telah dimuktamadkan.

https://www.sinarharian.com.my/article/99658/BERITA/Politik/UMNO-tidak...

shybutter

624 posts

Posted by shybutter > 2021-11-24 19:23 | Report Abuse

Besides, if they enter Sarawak and loss, they will also loss the trust on their party.

So, better they just become partner with existing parties in Sarawak.

Gerrardo

630 posts

Posted by Gerrardo > 2021-11-24 19:25 | Report Abuse

Wow. This is interesting

Posted by ǷearlꙌhite > Nov 24, 2021 10:11 AM | 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-...

The answer is here,

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


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.

Gerrardo

630 posts

Posted by Gerrardo > 2021-11-24 19:25 | Report Abuse

One thing good about court cases is that, now we all can know what is really happened back then transparently.

Posted by stocksensei > 2021-11-24 19:25 | Report Abuse

If there is 1 person that can save SB now , That person will be the most powerful man and richest Sultan in Malaysia ..HRH Sultan of Johor. Lets see

Honesty

1,020 posts

Posted by Honesty > 2021-11-24 19:27 | Report Abuse

Daulat Tuanku ~~

solomolo

1,329 posts

Posted by solomolo > 2021-11-24 19:28 | Report Abuse

shybutter..for 60 years, Umno has never entered Sarawak loh..haiyak...hehe

shybutter

624 posts

Posted by shybutter > 2021-11-24 19:32 | Report Abuse

But Umno is so confident and cocky after winning in Malacca.

Maybe they should enter Sarawak too. Haha

Posted by solomolo > Nov 24, 2021 7:28 PM | Report Abuse

shybutter..for 60 years, Umno has never entered Sarawak loh..haiyak...hehe

Posted by risingstar21 > 2021-11-24 19:32 | Report Abuse

Do you mean the Sultan himself or the HRH TMJ?

Posted by stocksensei > Nov 24, 2021 7:25 PM | Report Abuse

If there is 1 person that can save SB now , That person will be the most powerful man and richest Sultan in Malaysia ..HRH Sultan of Johor. Lets see

Posted by risingstar21 > 2021-11-24 19:33 | Report Abuse

But i don't think Johor Sultanate want to involve with SD.

They have many more good businesses in hand

Posted by Hantu Gigi Jarang > 2021-11-24 19:34 | Report Abuse

Preliminary findings are not material information.

solomolo

1,329 posts

Posted by solomolo > 2021-11-24 19:36 | Report Abuse

shybutter ...they have a good frenship...no need lah...

Posted by dianatrader > 2021-11-24 19:37 | Report Abuse

Abah will push the button! Hahaa

Posted by kamirise360 > Nov 24, 2021 7:03 PM | Report Abuse

Let see if PN will contest in Sarawak after this.

Umno heard that will not contesting

Posted by dianatrader > 2021-11-24 19:37 | Report Abuse

Actually really funny to see these politicians making jokes of themselves.

Posted by alieyasmart > 2021-11-24 19:40 | Report Abuse

Can more interesting later.

Posted by Gerrardo > Nov 24, 2021 7:25 PM | Report Abuse

Wow. This is interesting

Posted by ǷearlꙌhite > Nov 24, 2021 10:11 AM | 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-...

The answer is here,

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


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.

Posted by dianatrader > 2021-11-24 19:42 | Report Abuse

Public Banks still call to hold.

PublicInvest Research Headlines - 24 Nov 2021
Source : PUBLIC BANK, Price Call : HOLD, Price Target : 0.31
Last Price : 0.35, Upside/Downside : -0.04(11.43%)

Posted by stocksensei > 2021-11-24 19:42 | Report Abuse

risingstar21 But i don't think Johor Sultanate want to involve with SD.

They have many more good businesses in hand
24/11/2021 7:33 PM

I seriously don think their meeting today is to say hi over a cup of tea only . HRH Sultan is a very up-to-date guy and smell opportunities easily .

Posted by dianatrader > 2021-11-24 19:42 | Report Abuse

They have been really trusted this SD counters.

Eager to know why

Posted by alieyasmart > 2021-11-24 19:44 | Report Abuse

Serba finds itself pushed to one corner as Bursa commences legal action
Author: savemalaysia Publish date: Wed, 24 Nov 2021, 12:21 PM

BURSA Malaysia Securities Bhd did not mince its words as it demonstrated a tough stance – a counter suit in a way – against Serba Dinamik Holdings Bhd to ensure that the latter reveal the content of what the company described as an inconclusive and preliminary findings of its special independent review (SIR).

Yesterday (Nov 23), the market regulator filed an originating summons in the Kuala Lumpur High Court against the global integrated oil & gas outfit under Sections 360(1)(c)(i) and/or (ii) (J) and/or (K) and/or (M), 360(1)(4) and 360(13)(b) of the Capital Markets and Services Act 2007 to order Serba Dinamik to make an immediate public announcement of the Factual Findings Update on the SIR as of Sept 30.

According to Bursa Securities, the court application arises from Serba Dinamik’s failure to comply with its directive dated Oct 22.

The directive required the company to disclose the material findings of the Factual Findings Update as of Sept 30 made by Ernst & Young Consulting Sdn Bhd (EY Consulting) who was appointed by Serba Dinamik to carry out an independent review to assess the veracity and accuracy of the matters highlighted by the company’s then external auditor KPMG PLT.

“The court application is brought, in discharge of the role and responsibilities of Bursa Securities in regulating the conduct and enforcing compliance with the continuing obligations of listed issuers pursuant to the Main Market Listing Requirements (MMLR),” the market regulator pointed out in a statement issued last night (Nov 23).

“This is necessary for the purpose of upholding and upkeeping the integrity of the capital market, inter-alia, maintaining a level-playing field, advancing the ‘blue sky’ principle and facilitating equal access to material information affecting a listed issuer.”

As it is entrusted with statutory duties to ensure an orderly and fair market in the securities that are traded through its facilities, Bursa Securities said it is paramount that it takes all appropriate action to secure compliance with its rules.

“Bursa Securities wishes to reiterate that a listed issuer must make immediate public disclosure of any material information under the MMLR and the Factual Findings Update is material information in accordance with the MMLR,” it further asserted.

“All investors must be well-informed of and given equal access to material information in order to be able to trade on equal footing.”

Recall that on Nov 8, Serba Dinamik filed an unprecedented legal suit in Corporate Malaysia against Bursa Securities with a similar action two days later against EY Consulting “to defend its rights, protect the company’s reputation as well as its shareholders’ interests”.

Serba Dinamik was last transacted at 35 sen at the close of the mid-day trading on Oct 22 prior to the trading suspension of its shares/warrants, hence giving the company a market capitalisation of RM1.31 bil. – Nov 24, 2021



https://focusmalaysia.my/serba-finds-itself-pushed-to-one-corner-as-bursa-commences-legal-action/

Share this
https://klse.i3investor.com/m/blog/savemalaysia/2021-11-24-story-h1594618815-

wolfbroker

537 posts

Posted by wolfbroker > 2021-11-24 19:46 | Report Abuse

Yes. If nothing to hide, just show and finalised it.

Posted by Vicky > Nov 24, 2021 9:48 AM | Report Abuse

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

wolfbroker

537 posts

Posted by wolfbroker > 2021-11-24 19:46 | Report Abuse

Only the final SIR and AR will make the naysayers silence.

Next week will be more crucial

gohkimhock

3,052 posts

Posted by gohkimhock > 2021-11-24 19:47 | Report Abuse

this is getting from bad to worse..

Mabel

23,572 posts

Posted by Mabel > 2021-11-24 19:48 | Report Abuse

#JKPTR COMMON SENSE
IF THE REPORT IS FULLOF GOOD NEWS, YOU THINKKARIM WILLTRY TO BLOCK IT FROM BEING RELEASED?
24/11/2021 7:01 PM

Here's another Common Sense...

Two Scenarios...

1. If the report is half baked, Panic Investors will sell and consequently drives the price down..

2. If the report is fully baked, Many Investors will buy and consequently push the price up..

If you are sitting in Karim seat, what would you do?

So the best things we could do is...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&...=1

Do It!

Posted by Beautyseeker > 2021-11-24 19:52 | Report Abuse

I think Public Bank do have sentimental values with SD. Hahahaaa

Posted by dianatrader > Nov 24, 2021 7:42 PM | Report Abuse

Public Banks still call to hold.

PublicInvest Research Headlines - 24 Nov 2021
Source : PUBLIC BANK, Price Call : HOLD, Price Target : 0.31
Last Price : 0.35, Upside/Downside : -0.04(11.43%)

Posted by Beautyseeker > 2021-11-24 19:53 | Report Abuse

Should stay calm now. No need to panic yet.

Let see next week.

Posted by Mabel > Nov 24, 2021 7:48 PM | Report Abuse

#JKPTR COMMON SENSE
IF THE REPORT IS FULLOF GOOD NEWS, YOU THINKKARIM WILLTRY TO BLOCK IT FROM BEING RELEASED?
24/11/2021 7:01 PM

Here's another Common Sense...

Two Scenarios...

1. If the report is half baked, Panic Investors will sell and consequently drives the price down..

2. If the report is fully baked, Many Investors will buy and consequently push the price up..

If you are sitting in Karim seat, what would you do?

So the best things we could do is...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&;...=1

Do It!

Honesty

1,020 posts

Posted by Honesty > 2021-11-24 19:54 | Report Abuse

Daulat Tuanku~~
May your vision become reality soon!!

solomolo

1,329 posts

Posted by solomolo > 2021-11-24 19:54 | Report Abuse

Mabel u are right...sometimes they don't understand what serbadk is trying to defend...but one day they will understand...

Honesty

1,020 posts

Posted by Honesty > 2021-11-24 20:03 | Report Abuse

Leaving is not giving up but understanding suitability.
Thanks for the assistance and hope your future endeavours will be a fruitful one.

Hotstuff

3,228 posts

Posted by Hotstuff > 2021-11-24 20:05 | Report Abuse

serbadk is sinking. Karim is going to jail. period.

Honesty

1,020 posts

Posted by Honesty > 2021-11-24 20:05 | Report Abuse

The dust is still all over the air, really thankful for the lockdown

Honesty

1,020 posts

Posted by Honesty > 2021-11-24 20:07 | Report Abuse

A prominent figure can be influential enough to make an impact in any senario or situation!! Only depending on whether he is willing to take on the challenge ~~

zoizai

1,379 posts

Posted by zoizai > 2021-11-24 20:13 | Report Abuse

Shoplot company boss is panicking now.

Huangbk72

4,944 posts

Posted by Huangbk72 > 2021-11-24 20:14 | Report Abuse

There is no half baked SIR

There is no grey area SIR

SIR answer is yes or no..

Can or cannot find customers, suppliers or stocks.

So:. SD is trying to bury truth, that’s the bottom line

bojed

5,064 posts

Posted by bojed > 2021-11-24 20:18 | Report Abuse

The Sultan of Johor is a prominent and astute businessman himself. There's nothing wrong with DK wanting to meet His Royal Highness.

However, I still reiterate that SD are doing everything under the sun except for announcing the SIR.

josephn

757 posts

Posted by josephn > 2021-11-24 20:27 | Report Abuse

Wah, shoplot CEO and Shoplot Chief non-executive director jump ship already. How about we ikan bilis? General runaway already, low rank soldiers how to fight?

JJchan

7,182 posts

Posted by JJchan > 2021-11-24 20:32 | Report Abuse

I think SIR will be Out on 30Nov---The point is there is no half or fully baked SIR. E&Y is hired
to see whether KPMG's Points are Valid Questions Or Not ( 2 days Job ) To answer those
Questions are SB management Job Not KPMG or E & Y jobs-----If management dont want to
answer, Bursa can Call Bukit Aman detectives to start investigation( let the Professional do the
job )

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