Posted by superrr > 2021-12-09 15:54 | Report Abuse

No more speculates, masuk langkang sulah..

Posted by amirf1221 > 2021-12-09 15:56 | Report Abuse

Might survive
If can get the favourable judgment
Possible right

Posted by i3lurker > 2021-12-09 15:58 | Report Abuse

where is Zuliana?
Serba already collapsed from lawsuits addiction

its balls squeezing time already....
can start by squeezing Dishonesty punya balls first.....

Lady Ramunia => Guaranteed 100% Bankruptcy Rate

Posted by amirf1221 > 2021-12-09 15:58 | Report Abuse

Assistance coming?
The news they're waiting for
Also can help in long run

Posted by superrr > 2021-12-09 15:58 | Report Abuse

Woo, so good mah.. I also want to apply lol...hahaha...all of them are Billionaire..

----------------------------------

i3lurker Serba already collapsed with Event of Default

no worries
can apply for Government Bumiputra Grant of RM5 Billion
no interest no need payback one

Posted by newtrader1989 > 2021-12-09 16:02 | Report Abuse

To all those invested in scib, kpower and serba. Really sorry for your total loss

Posted by BobAxelrod > 2021-12-09 16:03 |

Post removed.Why?

Posted by superrr > 2021-12-09 16:07 | Report Abuse

repayment debt default
Sued KPMG
Sued previous independent directors
Sued i3 investor CEO
Sued Bursa, Sued SC
Sued EYS sued malicious talker in forum,
Sued Media pubisher The edge and sued judge of the court.
Sued own dog
Sued own cat
Sued own duck
Sued own chicken
sue sue sue......

Apa lagi mahu ? ?

Posted by InvestorKING > 2021-12-09 16:08 | Report Abuse

Everybody is waiting for the counter to be resumed then we can buy cheap cheap, including me Myself, cold eye sifu, and kyy.

Anyway, next week and onwards alot of people will be away for holidays already, be back only early of January, But I will still instruct my dealer Monitor it closely

Posted by zoizai > 2021-12-09 16:08 | Report Abuse

Shoplot compnay going jail

Posted by superrr > 2021-12-09 16:09 | Report Abuse

All are waiting to run...who dare to buy ?...

Posted by Wirajati > 2021-12-09 16:19 | Report Abuse

Yeah...go buy, cheap, cheaper, buy lo...ekeke

Posted by serbatipu > 2021-12-09 16:35 | Report Abuse

how is karim recently ? so quiet...

Posted by bobvic96 > 2021-12-09 16:42 | Report Abuse

https://www.theedgemarkets.com/article/serba-dinamik-fails-recuse-judge-lawsuit-against-bursa

Serba Dinamik fails to recuse judge in lawsuit against Bursa
Adam Aziz & Izzul Ikram


December 09, 2021 16:01 pm +08
The company is at risk of defaulting on a sukuk by the end of the grace period on Thursday (Dec 9) after missing a US$7 million (about RM29.52 million) coupon payment on Nov 9. (Photo by Mohamad Shahril Basri/The Edge)
The company is at risk of defaulting on a sukuk by the end of the grace period on Thursday (Dec 9) after missing a US$7 million (about RM29.52 million) coupon payment on Nov 9. (Photo by Mohamad Shahril Basri/The Edge)


KUALA LUMPUR (Dec 9): The High Court has dismissed Serba Dinamik Holdings Bhd’s application to recuse the presiding judge in the company's lawsuit against Bursa Malaysia Securities Bhd.

The company had sought to recuse Justice Datuk Ahmad Fairuz Zainol Abidin on the grounds that he served in the Securities Commission Malaysia (SC) in the past.

Delivering his decision via Zoom on Thursday (Dec 9), Justice Ahmad Fairuz said there was no real danger of bias shown, apart from the suggestion that he may be impartial and favour Bursa and the SC.

"To me, it is pure conjecture and a poor attempt to justify the application,” he said.

"Past associations including mere past history of employment are never sufficient as valid grounds to premise an objection of real danger of bias by the judge, more so when there is no clear nexus between the judge and the circumstances surrounding the issue at hand,” he added.

Justice Ahmad Fairuz ordered Serba Dinamik to pay costs of RM20,000 to Bursa, and set Jan 17 to hear the company’s interim injunction application to block the release of the factual findings update on its financials by special independent reviewer E&Y Consulting Sdn Bhd.

In its suit against Bursa filed in November, Serba Dinamik sought to nullify the appointment of E&Y Consulting under Bursa’s directive to conduct the special independent review.

The oil and gas engineering services company also sought interim injunctive relief against Bursa to restrain the stock exchange from releasing the update pending the disposal of the suit.

Serba Dinamik has been under regulatory and public scrutiny amid several issues raised by its then external auditor KPMG involving its accounts for the 12-month period ended Dec 31, 2020.

The company, which has missed the Dec 8 deadline to release its annual report, is also at risk of defaulting on a sukuk by the end of the grace period on Thursday (Dec 9) after missing a US$7 million (about RM29.52 million) coupon payment on Nov 9.

Shares in the company have been suspended from trading since Oct 22 after it dismissed Bursa’s directive to make public the factual findings update. The counter last traded at 35 sen, giving it a market capitalisation of RM1.3 billion.

Posted by IdleMoney66 > 2021-12-09 17:01 | Report Abuse

I wonder what Nexia ssy auditor doing. Are they still in audit the account? How are they going to verify the issues by KPMG and EY Consulting? I guess they will quit as Serbadk auditor in end of this year

Posted by josephn > 2021-12-09 17:03 |

Post removed.Why?

Posted by getingreal > 2021-12-09 17:06 | Report Abuse

The company will default on a sukuk by if it can not make payment of US$7 million (about RM30 million) today! This will likely trigger cross defaults.

Posted by josephn > 2021-12-09 17:07 | Report Abuse

Nexia should understand some money can earn, some money cannot earned. Later after SD pay Nexia audit fee, court penalty forced Nexia vomit out 10 x times in penalty like KPMG doing 1mdb

Posted by josephn > 2021-12-09 17:08 | Report Abuse

I don't think Serbadk could submit AR, as Nexia would runaway also

Posted by Burstard > 2021-12-09 17:09 | Report Abuse

Dead company

Posted by shareinvestor888 > 2021-12-09 17:13 | Report Abuse

You are joking right? Haha haha

Posted by josephn
I don't think Serbadk could submit AR, as Nexia would runaway also
09/12/2021 5:08 PM

Posted by getingreal > 2021-12-09 17:17 | Report Abuse

https://www.theedgemarkets.com/article/serba-dinamik-fails-recuse-judge-lawsuit-against-bursa

Posted by shybutter > 2021-12-09 17:18 | Report Abuse

National Embarassment.

Posted by alenac > Dec 9, 2021 1:15 PM | Report Abuse

Translated

“Tidak dapat difahami bagaimana seorang lelaki dalam jawatan anda, dalam hati nurani sendiri tidak boleh mengenali apa itu rasuah. Dengan berbuat demikian, anda bukan sahaja telah mengkhianati kepentingan parti anda, yang mana anda telah bercakap dengan begitu bangga, tetapi juga sumpah jawatan yang telah anda angkat dan laksanakan di hadapan Raja Berdaulat anda, dan di bawah kesemua undang-undang yang anda adalah hambanya, ”

Posted by josephn > 2021-12-09 17:19 |

Post removed.Why?

Posted by NatsukoMishima > 2021-12-09 17:24 |

Post removed.Why?

Posted by josephn > 2021-12-09 17:25 | Report Abuse

https://focusmalaysia.my/kenanga-and-hlib-research-bid-farewell-to-serba-by-ceasing-coverage/

All parties bid farewell to Serbadk

Posted by shybutter > 2021-12-09 17:26 | Report Abuse

Not all Bumi received the helps.

Only for certain privilege bumi only

Posted by shareinvestor888 > Dec 9, 2021 5:19 PM | Report Abuse

Teraju Bumiputera Corporation was established as a strategic unit in the Prime Minister’s Department with the purpose of leading, driving and coordinating the Bumiputera agenda as part of the National Transformation Plan.

Guess it helps if I become a Bumiputera soon…

Posted by josephn > 2021-12-09 17:28 |

Post removed.Why?

Posted by zoizai > 2021-12-09 17:30 | Report Abuse

Memalukan

Posted by armadatuah2017 > 2021-12-09 17:30 |

Post removed.Why?

Posted by zoizai > 2021-12-09 17:31 |

Post removed.Why?

Posted by josephn > 2021-12-09 17:32 | Report Abuse

https://themalaysianreserve.com/2021/12/09/serba-dinamiks-coupon-payment-on-sukuk-due-today/

Posted by paulthesotong > 2021-12-09 17:47 | Report Abuse

The Judge ordered " SD to pay costs of rm 20k to Bursa" 20k also dont have money to pay no OD.?..

Posted by Nikmon > 2021-12-09 17:50 | Report Abuse

Only 30 million interes....sure boh need to drag until last minutes

Posted by zoizai > 2021-12-09 17:53 | Report Abuse

30m also cannot pay. Serbadk got what else in account ?

Posted by amet2017 > 2021-12-09 17:59 | Report Abuse

Yes I agree. Also please don't be a racist bxstarx by calling people's race and religion. It shows the low mentality and lack of respect to each other in this multiracial country. Perhaps he who keeps on doing that have lack of friendship with the fellow Malaysians, only have his own race circle as friends. Disgusting..

Posted by shareinvestor888 > 2021-12-09 18:03 | Report Abuse

Agree, just focus on chats regarding serba or other stocks here…

No need to stoke others with sensitive remarks regarding race, religion, culture. No need to pretend or boast about being rich or pretend to be a cat.

Posted by shareinvestor888 > 2021-12-09 18:20 | Report Abuse

Padan muka

Depeche Post removed. Why?
09/12/2021 6:06 PM

Posted by Sslee > 2021-12-09 18:26 | Report Abuse

https://youtu.be/uShp2em4d9w

Posted by Sslee > 2021-12-09 18:28 | Report Abuse

https://youtu.be/OV8HgidP6Ls

Posted by BobAxelrod > 2021-12-09 18:32 | Report Abuse

Sorry, beg to differ....Religion should not be inculcated into Politics!

Posted by superrr > 2021-12-09 18:39 | Report Abuse

Pearlblack missing today...haha

Posted by shareinvestor888 > 2021-12-09 18:39 | Report Abuse

Thank you @Sslee for sharing

Posted by superrr > 2021-12-09 18:40 | Report Abuse

He needs to change name to pearlred..

Posted by superrr > 2021-12-09 18:42 | Report Abuse

Mabel 60+ pun missing ...haha

Posted by BobAxelrod > 2021-12-09 18:45 |

Post removed.Why?

Posted by i3lurker > 2021-12-09 18:47 | Report Abuse

Religion should not be mixed into anything whether carrot juice, fruit cake, cats, education, exercise, medical or Low Yat 2

:)



Posted by BobAxelrod > Dec 9, 2021 6:32 PM | Report Abuse

Sorry, beg to differ....Religion should not be inculcated into Politics!

Posted by BobAxelrod > 2021-12-09 18:47 | Report Abuse

So many reads on Jihad, Syariah Courts........not my personal views though.

Posted by BobAxelrod > 2021-12-09 18:51 |

Post removed.Why?

Posted by i3lurker > 2021-12-09 18:53 | Report Abuse

the corollary to that is

Fools take an interest in Government -- Fried Koay Teow Seller

We are not Fools -- Penang Assam Laksa Seller