Posted by ǷearlꙌhite > 2021-11-26 10:12 | Report Abuse

.
A Statement of Action from the Supporters of CEO Karim and Serba Dinamik Berhad.

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

We the mutual and institutional funds and retail investors in support of CEO Karim and Serba Dinamik Berhad would ensure that the current Board and Management and great team at Serba Dinamik Berhad would continue in the foreseeable future.

We will maintain more than 2/3 of overall share support for CEO Karim and Serba Dinamik Berhad.

Thank you.

PS : Using the regulatory bodies to force Serba Dinamik Berhad into a checkmate position for takeover will also be denied by us.
.

Posted by IdleMoney66 > 2021-11-26 10:16 | Report Abuse

Anyone know who is the Mak.L on the board introduction there?

InterFund® Can tell they are in big trouble from Karim and Kadier face from the online 25/11/2021 board meeting with Azri............................................ https://i.imgur.com/TzOzq1h.jpg

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

Malam ini ada bacaan yasin kat surau...

Posted by PSAi3alert > 2021-11-26 10:24 | Report Abuse

If you can get a video (of the accused with the goat), would be great.

I can use it to determine truth and lies.

No sound please, ewww.....


https://www.thestar.com.my/news/nation/2021/11/25/senior-citizen-charged-with-having-unnatural-sex-with-goat


KUALA KUBU BHARU: A senior citizen today pleaded not guilty at the Sessions Court here to a charge of having unnatural sex with a female goat at the back of his neighbour’s house last July.

PearlBlack, 60, was charged with committing the act at Kampung Sungai Buaya, Rawang at 1.30 pm on July 27 under Section 377 of the Penal Code, which carries a maximum jail term of 20 years and a fine or whipping upon conviction.

PearlBlack, clad in a floral shirt, had initially nodded and pleaded guilty after the charge was read out to him before Judge Nurul Mardhiah Mohammed Redza.

However, when he was shown the exhibits, namely a green T-shirt and brown long pants that were allegedly seized from him during his arrest, the accused denied that the clothes belonged to him.

Nurul Mardhiah then asked the accused if the shirt and trousers belonged to him and the accused - who is a widower - said "no".

She then said the accused’s guilty plea cannot be accepted as he did not admit to owning the exhibits, and ordered for the charge against the elderly man to be read again. The accused then pleaded not guilty.

Deputy public prosecutor Siti Khadijah Amir Hamdzah did not offer bail to the accused, and in response PearlBlack's counsel Zolazrai Zolkapli pleaded for a minimum bail.

The court did not offer bail and fixed Dec 24 for mention.

The media previously reported that the incident was noticed by the goat’s owner, a 45-year-old woman, after hearing the animal making strange noises at the back of her house.

According to the police, she went to the scene and found a half-naked man that she knew standing near the doe.

Upon realising the presence of the woman, the suspect fled the scene. On checking, the woman found that the goat was dead. - Bernama

Posted by IronShirt > 2021-11-26 10:31 | Report Abuse

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

Really like what is said but just pleasantries...First has to check whether SB's books are Not
empty Biscuit Tin...sounds nice but could be empty....Last IB Public Bank already leaped from
KLCC, maybe in intensive care ICU considering PB also support AAX ( 23 Billion in Debt )

Posted by ǷearlꙌhite > 2021-11-26 10:43 | Report Abuse

.
Then go ask TheEdge. They know who the buyers (yes, more than 1) are. The whole business news industry knows it. Alex Goh knows who they are.

Give them a call.

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

Really like what is said but just pleasantries...First has to check whether SB's books are Not
empty Biscuit Tin...sounds nice but could be empty....Last IB Public Bank already leaped from
KLCC, maybe in intensive care ICU considering PB also support AAX ( 23 Billion in Debt )
26/11/2021 10:43 AM

Posted by ǷearlꙌhite > 2021-11-26 10:53 | Report Abuse

.
From TheEdge's sifu to Jose Barack about good journalism and/or investigative work. Piss straight at your target, otherwise you will not be taken seriously.

If it was disclosed that ABC Sdn Bhd (or ABC Middle East Limited) contributed to SD's revenue, then to get a definitive proof that these companies exists is to go and retrieve documents from SSM e-info or SSM scanned documents for ABC Sdn Bhd. For the ABC Middle East Ltd, get it from the SSM equivalent body of that country.

Internet is not the definitive authority for evidence while government statutory bodies are.

With that out of the way, then go view the register of directors meeting to sight the contracts for legal and financial arrangements at the registered office.

Then you know if all these companies and their respective financial and legal arrangements are fake.

Legwork is important.
.

Posted by Jkoay > 2021-11-26 10:56 | Report Abuse

no wonder our Index keep going South b'cos investors have no confidence in our market. Too much fraud and corruption. much

Posted by IronShirt > 2021-11-26 10:57 | Report Abuse

So i think better takeOver.....SB books will be throw Wide Open...From there Bankers can give
a accurate Price...Better this way then Delisted

Posted by PSAi3alert > 2021-11-26 10:59 | Report Abuse

You can only write-off non-existent assets.

Loans and borrowings are real and payable.

Since PublicInvest Research said only 0.3X asset can be realistically recovered, 0.7X or 70% will be written off.

The amount of assets to be written off will be:

Property, plant and equipment 2,208.686M x 0.7 = 1,546.0802M written off

Inventories 2,103.860M = 1,472.702M written off

Trade and other receivables 1,922.467M = 1345.7269M written off

==>>> RM4,364.5091M written off


Total equity = 3,906.1M at 30/06/21

==>>> Equity after writing off assets = 3,906.1M - 4364.5091 = -458.4091M

==>>> Shareholders equity will be negative RM458.4091M after writing off the assets

==>>> Share price will be worth at best 0



i3lurker OMG!!!!


OMG!!!!


..............
Our last call is Neutral with a target price of RM0.31 based on a 0.3x multiple to its FY21 book value of RM1.05. Earnings estimates should no longer be relied on as basis of investment decisions.

Source: PublicInvest Research - 25 Nov 2021
..............

Forget all those goobleddy gook before this para



=> 0.3 X book value <=> means Forced Sale Liquidation value

=> Earnings estimates should no longer be relied on

This looks like goobleddy speak for fake earnings to me?
=> Serba will sue PublicInvest Research?


remember KPMG says its audit report on 1MDB cannot be relied on?
sounds familiar?

OMG!!!

OMG!!!

this is coming from PublicInvest Research !!!!!!
25/11/2021 11:49 PM

Posted by IronShirt > 2021-11-26 11:00 | Report Abuse

A remisier for 30years, said No Ceo will put his Life in Harm ways if his Books are not Clean.
So TakeOver is just a wishful thinking

Posted by ǷearlꙌhite > 2021-11-26 11:04 | Report Abuse

.
Don't worry. That will change. Going forward, we may see MMLR and CSMA be made more robust.

As an example, (apart from Scomi, Genting etc),

Mavcom already media released that if AAX doesn't refund to passengers, then it will terminate its operating license.

Where is Bursa's concept of material facts when there is no formal disclosure from AAX to Mavcom's directive? Even at 5 sen, its still $$ to investors.


Jkoay no wonder our Index keep going South b'cos investors have no confidence in our market. Too much fraud and corruption. much

Posted by Huangbk72 > 2021-11-26 11:09 | Report Abuse

I really try to read and understand

I really did try to understand and not laugh

I can’t !!!!

Hahahaha

Everyday that Fake CEO keeps posting conjunctures which has been proven fake and fake all the time..

This fella face must be “thicker than coffin wood”

SD must still be paying him

Posted by Huangbk72 > 2021-11-26 11:11 | Report Abuse

@ psai3alert

Chef Karim has all the numbers..

He knows and we know.. only the dummies don’t

Delisting is the way to go.

Best option for him

Posted by Superbull898 > 2021-11-26 11:12 | Report Abuse

Serbadk = Transmile , toilet paper , Bursa will issues compound to Serbadk if SIR no release on 30 Nov 2021 , Counpound RM 1 million

Posted by ǷearlꙌhite > 2021-11-26 11:12 | Report Abuse

.
SD is still waiting for the OS from Bursa to be served to SD.

Where is it?.

Will TheEdge every report it? Or was it a trigger happy media release?
.

Posted by Huangbk72 > 2021-11-26 11:13 | Report Abuse

It’s actually strange.

It actually felt I’m reading forum postings from an alternate universe.

Put it bluntly, SD investors had been “shafted” in the back.: yet I still see many happy campers..

Posted by BobAxelrod > 2021-11-26 11:14 |

Post removed.Why?

Posted by ǷearlꙌhite > 2021-11-26 11:18 | Report Abuse

.
Due to the resignation of 2 INEDs in protest to Bursa's attempt to subvert the completion of the Special Independent Review, there is a change in the Key Actions Plans of Serba Dinamik disclosure date. All others remain the same.

Note : Status the same @1st November 2021. Key focus is to disclose items before 31st December 2021 (previously 30th November 2021).

@25th November 2021
Details of Key Action Indicators. Lets run the show for the better of SD.

COMPLETED ACTIONS FROM DETAILS BELOW
- Restructure company to greater heights - more contracts/projects, focus on customer.
- Founder's legacy 1 - removed margin call risks till 10 sen and before completion of SIR.
- Manage cash flow and forecasts.
- New financing initiatives will not involve Private Placement. and Rights Issue.
- EY will provide finalised SIR to Bursa.
- Bursa to request SD to announce SIR findings.
- Complete 2020 audit and annual report as planned.
- Complete 30/9/2020 QR within time frame or earlier (1st draft out by 21/10/2021).
- Group meetings with asset / fund managers together with re-rating agencies. Initiate re-rating process..
- Meeting with current financiers. Initiate re-rating process.

=====================================================================
OUTSTANDING / ON-GOING

Shareholders' Mandate
- Founder's legacy 2 - restructure founder shareholdings to focus on future strategy, finance, legal - in progress

Business Development
- Re-engage lost and new customers and continue to win more contract/projects - in progress
- Provide more innovative and new products and services to customers world wide. - In progress

Operations / Project Management / Procurement
- Continue focus on delivering continue safety, operational efficiency and cost effectiveness - in progress
- Continue to delivery on projects within customers expectations and satisfaction on time.

Finance
- Manage collections and expenditures - In progress

Governance
- Issues highlighted in forum will be dealt by SC/Bursa directly with forummers. SD will have no part in time wasting activities. - In progress.
- To deliberate offer by KPMG to resolve legal issue. - In progress.
.

Posted by IronShirt > 2021-11-26 11:23 | Report Abuse

BobAxelrod Not just as simple to write of "Invisible" Assets.....Bankers freeze loans and Redemption of Bonds on immediate basis. Banks recalling all loans within 14 days......bye to sub-zero.
_________________________________________

The problem is SB cannot give back All the Loan....inside Ponzi stacking..

Now next Circus, Bankers suing Karim

Posted by ǷearlꙌhite > 2021-11-26 11:39 | Report Abuse

.
FYI, on the outstanding matters on SIR. Something I shed light into last month. Please circulate to the telegram and whatsapp group.

** The company again reiterated that the report in its current state “is still very much work-in-progress with many items still pending and inconclusive”. **

https://focusmalaysia.my/serba-theres-no-cover-up-were-only-acting-in-our-stakeholders-best-interest/

Oct 26, 2021 7:18 PM

Do you know what in-conclusive means? So I will give 2 simple examples what in-conclusive means.

1) Trade debtors/Trade Creditors (work done)
The amounts owing by to debtors or amounts owing to creditors are questionable because the customer/vendor didn't respond to confirmation of balances, or office cannot be found. Work performed also cannot be verified.

Evidence for EY.
They did manage to get confirmation and been able to visit the office. They also managed to see payments to and from SD to these customers and vendors respectively for work done. All paperwork check out.

The work done is a little hard to be verified (this will also go into example 2), either what you see is the finish product or WIP. The materials and labour may have been used in the process of construction, hence cannot see the stock. The counter check for this is to review the weekly project reports and all the other inventory and work records, delivery and receipt documents to confirm. It is a monumental task. Sample test on material items is the way, but as always not all can be traced.

2) Assets/Stock
The assets type, location cannot be verified.

Evidence for EY.
The assets/stock may have been part of the construction. Visible items like gensets, topside equipment can be tracked easily. However, some items like piping cannot be traced accurately as they have used in the construction and not so visible. In addition, machinery can be in different locations then and now.

What is of concern is, are the assets being sighted now (wherever possible) the same ones highlighted by KPMG? Of course, can do documentation verification, review delivery/receipt logs etc for material items, but there are some that cannot be traced since it is not visible now, either lost or junked.

Based on this 2 example, there is a reasonable assumption that it confirms that there are no issues. However, the small % (immaterial) cannot be verified simply because it has been consumed or lost in the process of execution the work.

Hence, prudently, the conclusion is in-conclusive.

In-conclusive because the timing difference (between May and October) means that there is a small % issues for trade debtors/trade creditors (work done) and Assets/Stocks as highlighted by KPMG, cannot be verified. What can be verified are the big ticket items.

Hope this helps.
.

Posted by leno > 2021-11-26 11:42 | Report Abuse

anytime sebak will announce close shop ...

Posted by Depeche > 2021-11-26 11:51 | Report Abuse

At this juncture. investors just want to see the curtain falls on this "guess who's the crook" drama, resume trading, and ensure their monies are not totally lost.... what we want to hear are progress reports, action plans on solving existing issues and also plans to make payment on maturing debts on time.

Posted by likebug > 2021-11-26 11:56 | Report Abuse

aidoooo.. total lose

Posted by PSAi3alert > 2021-11-26 11:58 | Report Abuse

It's conclusive that SCIB's projects in Oman & Qatar are fake.

It's conclusive that SCIB has 'cancelled' the non-existent projects

It's conclusive that Serba's projects with Pavilion Qatar and Revenue International LLC are also fake

The jamban jagas in Pavilion Qatar and Revenue International LLC already run road. No one to check with there. Habis wayang. Go home.




----- Conclusive truths about SCIB's fake clients in Oman & Qatar here -----

Pavilion Qatar Engineering Co. W. L.L.

The second contract, given by Pavilion Qatar Engineering Co. W. L.L., is for civil works - fire water project (47,000 metres) at Ras Laffan Industrial City - Power Station - in Qatar valued at US$62mil (equivalent to RM252.84mil) and is expected to be completed in November 2021.

--->>> Pavillion Qatar ( pavilionqatar.com/organisation-chart.html ) is a cleaning company run by Indian nationals and is not licensed for Oil n Gas acitivities

--->>> Only evidence of rotating equipment or fire water project is available here: http://www.pavilionqatar.com/images/gallery/4.jpg

--->>> SCIB will not be able to collect receivables for fictitious projects


Revenue International LLC

"PETALING JAYA: Sarawak Consolidated Industries Bhd’s wholly-owned subsidiary SCIB International (Labuan) Ltd has bagged three engineering, procurement, construction and commissioning (EPCC) contracts worth US$200.45 million (RM864.54 million).

The three contracts is for the 20 units of villa in Muscat, Oman awarded by Revenue International LLC for the period between April 5, 2020 to April 4, 2021..."


The client Revenue International LLC was registered in Oman in September 2018
CR Commercial Name: Revenue INTERNATIONAL
Commercial Registration No: 1326105
Registration Date: 10/09/2018

Domain: revenueinternationalllc.com
Created: 2018-09-15 15:35:35 UTC

Revenue International LLC's website at https://revenueinternationalllc.com provided the following service descriptions:
Manpower Supply
• General Helpers & Semi- Skilled Employees.
• Skilled Employees such as Carpenters, Painters, Electricians, Steel Fixers, Masons, etc.
• Skilled Employees such as Cleaning, Packing, Loading & Unloading, etc.
• Office Boys, Housekeepers, etc.
Carpentry, Electrical Services, Cleaning, Other Services - Painting, trained handymen, Tile Flooring, Waterproofing

--->>> Revenue International LLC is managed and staffed by Indian foreign workers
--->>> primary business is cleaning services
--->>> the only rotating equipment used are mops
--->>> it's Commercial Registration Certificate is licensed for cleaning services
--->>> Revenue International does not have licences for activites in repair and maintenance of mining, construction, and oil and gas field machinery; renting of mining and oilfield machinery and equipment; repair and maintenance of steam generators, turbines


Interceptor Trading & Contracting Co W.L.L

"Meanwhile, the group's wholly-owned subsidiary SCIB International (Labuan) Ltd has accepted the LOA for an EPCC contract in Qatar worth US$98 million (approximately RM399.35 million).

The client for the Qatar project is Interceptor Trading & Contracting Co W.L.L, according to SCIB."

Domain registrant was from Kerala, India.

Hosting and nameservers were all India based.

ns171.globehost.com
ns172.globehost.com
ns1.bh-in-32.webhostbox.net
ns2.bh-in-32.webhostbox.net
rns409.webhostbox.net
rns410.webhostbox.net

Domain: interceptorqatar.com
Registrar URL: www.publicdomainregistry.com
Creation Date: 2017-03-29T12:24:55Z
Registrant Name: bitz Infos
Registrant Organization: bitzInfos
Registrant Street: Calicut
Registrant City: CALICUT
Registrant State/Province: Kerala
Registrant Postal Code: 673001
Registrant Country: QA
Registrant Phone: +974.66016695

Posted by Huangbk72 > 2021-11-26 12:03 | Report Abuse

Hahaha

Who checks inventories like that for construction based business ???

Pearl black and bodoh accounting services PLT??

Laugh me die

This fella really don’t know what he is talking about

Posted by InvestorKING > 2021-11-26 12:11 | Report Abuse

ATAIMS limit down, joining SD previously

Posted by PSAi3alert > 2021-11-26 12:15 | Report Abuse

Hahaha.

Pearl black dan rakan rakan, bodoh accounting services PLT.

Is Pinky a partner in the firm?

He has lots of cost-based, cost-plus, milestone-based, kilometrestone-based, progressive, regressive, conclusively inconclusive accounting methods for non-existent projects.



Huangbk72 Hahaha

Who checks inventories like that for construction based business ???

Pearl black and bodoh accounting services PLT??

Laugh me die

This fella really don’t know what he is talking about
26/11/2021 12:03 PM

Posted by serbatipu > 2021-11-26 12:22 | Report Abuse

CEO must go

Posted by Huangbk72 > 2021-11-26 12:22 | Report Abuse

Man.. u are sharp

Lol


PSAi3alert Hahaha.

Pearl black dan rakan rakan, bodoh accounting services PLT.

Is Pinky a partner in the firm?

He has lots of cost-based, cost-plus, milestone-based, kilometrestone-based, progressive, regressive, conclusively inconclusive accounting methods for non-existent projects.

Posted by InterFund® > 2021-11-26 12:50 |

Post removed.Why?

Posted by leno > 2021-11-26 12:57 | Report Abuse

#TangkapKarim

Posted by stocksensei > 2021-11-26 13:29 | Report Abuse

Tangkap Karim

Posted by Superbull898 > 2021-11-26 13:48 | Report Abuse

Transmile. =. Serbadk , toilet paper soon

TP = 0.05 sen

Posted by Noni > 2021-11-26 14:09 | Report Abuse

The moment they engage the fames lawyer, is already a signal for us to run....

Posted by InterFund® > 2021-11-26 14:31 | Report Abuse

Now cannot run................ Just go to other instruments to cover back the money..................

Posted by IbnuShaari > 2021-11-26 14:36 | Report Abuse

The funny thing is, why do these directors keep accumulating their shares knowing many of their projects are fake? Are they not knowing that the money they have invested going to the drain?

Posted by InterFund® > 2021-11-26 14:37 |

Post removed.Why?

Posted by josephn > 2021-11-26 14:39 |

Post removed.Why?

Posted by muhfiq > 2021-11-26 14:51 | Report Abuse

Anyone got opinion suspension over?

Quite interesting one

Posted by muhfiq > 2021-11-26 14:53 | Report Abuse

I bet everyone is waiting

Seems the issue is getting more attention

The verdict is big issue

Posted by PSAi3alert > 2021-11-26 15:11 | Report Abuse

Not everyone's waiting. Just hijau belalang, amirf1221 and yourself.

Yes, the issue is getting more attention.

All of you have schizophrenia, delusional disorder and dissociative identity disorder.

You also have testicular cancer. The cancer may have metastasized to your penis.

And the tumor size is now 2 inches.

It's up to you, hijau belalang and amirf1221 to interpret on whether 2 inches is a big issue.

At this juncture, your testicles are still suspended. (It's odd that you find it interesting).



muhfiq I bet everyone is waiting

Seems the issue is getting more attention

The verdict is big issue
26/11/2021 2:53 PM

Posted by muhfiq > 2021-11-26 15:16 | Report Abuse

Got someone's attention

That one also important

Wink wink

Posted by muhfiq > 2021-11-26 15:17 | Report Abuse

In near soon will see how

Then the market reacts

Posted by Shinnzaii > 2021-11-26 15:27 | Report Abuse

Haiyo...how the progress already?I tot Karim disposed shares in Kpower pay for sukuk leh...enough money or not...Serbadk and SCIB suspended then have to milk in Kpower larh...strange no announcement on sukuk repayment look like not enough yet...hehe

Posted by PSAi3alert > 2021-11-26 15:27 | Report Abuse

Titanic theme song?

It's not near soon.

It near, far.

Lyrics for you only:

Near, far, wherever you are
I believe that the suspension does go on
Once more, you open the books
And you're there in Holland
And your craziness will go on and on


muhfiq In near soon will see how

Then the market reacts
26/11/2021 3:17 PM

Posted by leno > 2021-11-26 15:28 | Report Abuse

.
#TangkapKarim
#TutupKedai

Posted by Zackmeiser > 2021-11-26 15:30 | Report Abuse

Come on serba.

Pop pop.

Posted by nisah395 > 2021-11-26 15:33 | Report Abuse

this forum still so active

Posted by ǷearlꙌhite > 2021-11-26 15:37 | Report Abuse

.
@InvestorKing, have you figured it out yet on this?

Nov 19, 2021 12:37 PM

Pearl white, actually I still don't understand why are you here? Because when you were at bumi armada, when price range around 0.15 to 0.20, that time you kept giving negative feedback about bumi Armada by saying Armada not able to settle all his debts. But price of armada surged from 0.20 to 0.50+

But now you are here SD, even though you never talked bad about SD, but you got give some seducing points to seduce shorties to short here,what's your intentions here actually?
.