. Note : Status the same @1st November 2021. Key focus is to disclose items before 31st December 2021 (previously 30th November 2021).
@8th December 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.
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. .
. 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.
PearlWhite: We are not interested in taking over Serba. Since you guys are so supportive of Serba, can you guys buy back all the shares from other retail shareholders at RM1.60?
Read a bit or actually studied is a lot of difference... which university also not stated clearly...u are no better than SD as u claim lor...I never studied in that area so never commented... but u read a bit already doubt expert's statement... why can't take 3-1/2 years and must be 3 years.... whole number sounds more professional? Keep your school talk to the basketball court...LOL
Satellite business, massive big investment. Need to build a rocket to shoot/fire the satellite to space. Rocket has to be manufactured in the US. Yup timeline is about three to four years. Any funders to support their newfound business? Hopefully the funds are not from Bolehland coffers.
I think repayment can be renegotiated under agreed condition. Most important is sustainability of the business. Most of business now is affected by shortage, inflation and previous MCO.
Watched a Bernama's video on SD....how Dat Karim started SD humbly in Bintulu... started education and training arm to groom his freshies and employees.... he looks like the humble, honest type.... it is unimaginable that the boss would commit fraud to end his good work and reputation...if at any point, he felt compelled to do wrong for whatever reason, that would be lamentable for those who loved and trusted their employer....hope he has always been what he was... and clear the current mess soon.
Haha ha…. only si kangkung think a person is humble or trustworthy by just watching a video sanctioned by the subject himself.. No wonder loss money in Bursa stocks.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ǷearlꙌhite
1,652 posts
Posted by ǷearlꙌhite > 2021-12-08 09:52 | Report Abuse
.
Note : Status the same @1st November 2021. Key focus is to disclose items before 31st December 2021 (previously 30th November 2021).
@8th December 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.
.