Posted by Parrot > 2021-12-13 23:24 | Report Abuse

Just don’t understand wats going on..SD seem to have something we all don’t know..Divert attention but why all new developments with gomen lively..

Posted by joyvest > 2021-12-13 23:34 | Report Abuse

Friction?

*Suspension is yet to be lifted.
* AR is yet to be submitted
* loan is yet to be settled
* now mulling venture into space programme,
*future customers would be Extraterrestrial,making it Impossible for auditors to verify
* SD is as nonchalant as ever and /or naive to the highest order

Posted by Depeche > 2021-12-13 23:38 | Report Abuse

@bojed... they either know they'll escape unscathed or don't give a hoot even SD collapse tomorrow... strange behavior...LOL

Posted by Beautyseeker > 2021-12-13 23:39 | Report Abuse

Hahaha. Holiday on 1st of Jan

Posted by SHQuah > Dec 13, 2021 6:15 PM | Report Abuse

The day when SD could produce AR and remove from suspension would be National day and National holiday. Just dreaming.

Posted by Beautyseeker > 2021-12-13 23:39 | Report Abuse

I think that day also, will be a Hari Raya day for all the investors and supporters

Posted by wolfbroker > 2021-12-13 23:44 | Report Abuse

Maybe they just hold until SIR and AR settle

Posted by getingreal > Dec 13, 2021 1:06 PM | Report Abuse

Cant pay interest but going to put up a Satellite and space station, next live on the moon? It's no use, he will not get away with an insanity plea, every though he is doing his best to make out he has gone mad.

Posted by wolfbroker > 2021-12-13 23:45 | Report Abuse

About the satellite and the other business deals, it is already mentioned before that SD will continue their business as usual despite the issue with Bursa etc.

Posted by TryMakeGoodBuy > 2021-12-14 05:20 | Report Abuse

Agreed if it is in the normal course of business.
But not be conned with fake AR


..............................................................................
@Gerrardo. Profit or loss already normal.

Sometimes we gain, sometimes we loss
13/12/2021 10:59 PM

Posted by wongchin > 2021-12-14 07:51 | Report Abuse

Shallow pocket bt big dream!! Hehe

Posted by 8899EL8899 > 2021-12-14 08:00 | Report Abuse

serba sudah mau kiamat,............many banks want their money back,............half baked cake,how to sell, who will pay..........deadlocked !

Posted by InterFund® > 2021-12-14 08:06 | Report Abuse

Left hand right hand...................................

Posted by InsiderShark > 2021-12-14 08:08 | Report Abuse

@wolfbroker What hold until SIR and AR settle? SIR already completed, Serba dont want to release it only, why? How to settle when Serba dont want to release?

Posted by amirf1221 > 2021-12-14 08:09 | Report Abuse

How will today be?
See a similar pattern?
Or open to a new one?

Posted by amirf1221 > 2021-12-14 08:10 | Report Abuse

When to announce report?
Been waiting for it
A huge decision

Posted by InsiderShark > 2021-12-14 08:26 | Report Abuse

#TangkapKarim

We need to organize a protest outside of Serba's Shah Alam office.

Posted by xiaoeh > 2021-12-14 08:43 | Report Abuse

Serba will shot to the moon as own satellite to be installed

Posted by amirf1221 > 2021-12-14 08:47 | Report Abuse

Time is the essence
Will it be enough?
Or need other form of assurance?

Posted by amirf1221 > 2021-12-14 08:47 | Report Abuse

As of now, not much is made to the public's knowledge
Wonder what is really happening
Or is true as speculated?

Posted by Faiza > 2021-12-14 09:08 | Report Abuse

imdb 2.0
where the billions ringgit borrowing gone?

Posted by bojed > 2021-12-14 09:09 | Report Abuse

KPOWER - Trading Halt and Resumption of Trading
KPOWER BERHAD

Kindly be advised that trading in KPOWER's securities will be halted with effect from 9.00 a.m., Tuesday, 14 December 2021.

Trading in the Company's securities will resume with effect from 10.00 a.m., Tuesday, 14 December 2021.

Your attention is drawn to the Company's announcement dated 13 December 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3218385

Dato' Karim has officially stepped down from his position as KPower's chairman.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3218373

Posted by leno > 2021-12-14 09:14 | Report Abuse

Karim is doing fraud accounting to steal money.
He cook up fake contract to borrow money from bank.
He create fake project to raise money thru bond
He make up fake profit and revenue to get money thru private placement.

And he siphoned hundreds of Millions company cash into his fake subsidiary and later into his own secret private account.

So, karim did not lose billions
He already stole hundreds of million secured into multiple account and hidden personal assets, which will last for few generation for him, his family and cronies.

Now, He is smiling.
Keep up all the good work my dogs.
I will feed u some friskies biscuit if i see u okay.
He said and then laugh - HAHAHAHAHAHAH !!

Posted by newtrader1989 > 2021-12-14 09:14 | Report Abuse

All three suspensed hahahahahaah

Posted by InterFund® > 2021-12-14 09:24 | Report Abuse

Hahahahaha..............

Posted by Donator > 2021-12-14 09:30 | Report Abuse

Serba is most "stable" counter in bursa...all othe counter drop like hell only it can "maintain" 0.35 for 2 month

Posted by hoot9e996 > 2021-12-14 09:32 | Report Abuse

sometimes i wished that KPMG / accounting issue was dealt secretly, epf didnt sell, bursa didnt suspend. semua happy

Posted by superrr > 2021-12-14 09:35 | Report Abuse

Since sd, scib been suspended, those who are supporting karim pls buy kpower at 0.52 , pity lol no one buying ....hahaha

Posted by leno > 2021-12-14 09:37 | Report Abuse

jangan jadi bodo
someone else will lose money
the bank
the bank shareholders
the people who deposit money in bank
u deposit money in bank.

when u start to believe fraud is good as long as it is not detected
then your whole family, community and race has become sampah.

like umno said
mencuri tak apa, asal jangan kena tangkap.

Posted by superrr > 2021-12-14 09:42 | Report Abuse

KPOWER] Chairman Resignation - DATO' DR IR. TS. MOHD ABDUL KARIM BIN ABDULLAH on 13-Dec-2021
Stock [KPOWER]: KUMPULAN POWERNET BHD
Announcement Date 13-Dec-2021
Board Member Information:
Date of Change 10-Dec-2021
Type of Change Resignation
Designation Chairman
Directorate Non Independent and Non Executive
Name DATO' DR IR. TS. MOHD ABDUL KARIM BIN ABDULLAH
Age 56
Gender Male
Nationality Malaysia
Working Experience Present - Serba Dinamik Holdings Berhad (Group CEO)
/Sarawak Consolidated Industries Berhad (Non Independent Non Executive Chairman)
2006 -2016 - Serba Dinamik Group Berhad (Group CEO)
1994-2006 - Serba Dinamik Sdn Bhd (Group CEO)
1988-1994 - Asean Bintulu Fertilizer Sdn Bhd (Mechanical Engineer, Rotating Equipment Engineer)
Family Relationship None
Conflict of Interest No
Interest

Posted by leno > 2021-12-14 09:45 | Report Abuse

working experience present
- mencuri
- menipu
- menyaman
- dan business as usual

Posted by InsiderShark > 2021-12-14 09:50 | Report Abuse

Awang knew this long ago thus he has been selling and selling and selling.

Posted by superrr > 2021-12-14 09:50 | Report Abuse

Anything related to kabodoh all kabur...

Posted by OpporturnityHunter > 2021-12-14 10:08 | Report Abuse

Dont know later Karim will announce wanna to launch Malaysia first own made rocket or not in 10 years time ? wakakakakaka

Posted by OpporturnityHunter > 2021-12-14 10:10 | Report Abuse

he thought to have own satellite a very special thing and go to check lah, many companies have their own satellite too lah even back to 10 years ago lah. wakakakakaka

Posted by OpporturnityHunter > 2021-12-14 10:10 | Report Abuse

concentrate on oil and gas lah, your own core business, jangan thinking of something nonsense lah

Posted by OpporturnityHunter > 2021-12-14 10:12 | Report Abuse

Own core business also rugi banyak, and now terokai something that new.Nak do business ini, nak do business itu, semua business mahu, tapi , semua business rugi, funny

Posted by Parrot > 2021-12-14 10:16 | Report Abuse

After resigned KPOWER got Power redi..

Posted by Depeche > 2021-12-14 10:20 | Report Abuse

Kpower is unchained... good

Posted by OpporturnityHunter > 2021-12-14 10:20 | Report Abuse

oh i see, power from tongkat ali keh ??

-------------------------------------------------------------------
Parrot After resigned KPOWER got Power redi..
14/12/2021 10:16 AM

Posted by hijau belalang > 2021-12-14 10:20 | Report Abuse

how now?
still same pattern?

Posted by Depeche > 2021-12-14 10:24 | Report Abuse

He could be prepared to be delisted and stay low.... and channel all his resources in SD only. Next may resign from SCIB.

Posted by citadel888 > 2021-12-14 10:27 |

Post removed.Why?

Posted by hijau belalang > 2021-12-14 10:31 | Report Abuse

going to be a long battle
must be complex
and arguments made are not straight forward

Posted by hoot9e996 > 2021-12-14 10:31 | Report Abuse

maybe correct,
karim when serbadk share price at 1.6,
tweets out "serbadk stock price too high imo"

dropped to 0.3 !!! DISCOUNT !!! LELONG LELONG

Posted by hijau belalang > 2021-12-14 10:32 | Report Abuse

hope can resolve soon
boost again
regain the momentum

Posted by amet2017 > 2021-12-14 10:35 | Report Abuse

So if datuk karim resigned from serba, can release suspension. Maybe they just wanted him to resign. After this all AR and SIR clear. Hehe

Posted by hoot9e996 > 2021-12-14 10:37 | Report Abuse

karim resign but who wants to take over his company and shares?
already lose credibility, trust is important for business

Posted by NatsukoMishima > 2021-12-14 10:42 | Report Abuse

KUALA LUMPUR (Dec 14): Fitch Ratings has downgraded Malaysia-based energy service provider Serba Dinamik Holdings Bhd's long-term issuer default rating to "RD" (restricted default) from "C".

In a statement on Monday (Dec 13), Fitch said the downgrade follows the expiry of the 30-day grace period after the non-payment of the coupon on the group's US$222 million (about RM939.35 million) senior unsecured sukuk due in 2022.

It said potential cross-acceleration clauses in its other debt may be triggered by the non-payment of the 2022 notes.

“The 'RD' rating indicates an issuer that in Fitch's opinion has experienced an uncured payment default, but has not entered into bankruptcy filings and has not ceased operating,” it said.

At the same time, Fitch affirmed the ratings of the May 2022 sukuk issued by SD International Sukuk Ltd and the sukuk due March 2025 issued by SD International Sukuk II Ltd at "C", with the recovery rating remaining at "RR4".

Posted by shpg22 > 2021-12-14 10:50 | Report Abuse

Inilah Elon musk malaysia. Setakat ini je la quality nya. menipu dan kelentong besar

Posted by Depeche > 2021-12-14 11:06 | Report Abuse

2022 could see the worst ever SD QR.... just seems to be going south rapidly.

Posted by RexKing > 2021-12-14 11:08 | Report Abuse

SD such a reputable company cant pay only US$ 7million bond interest and there will be a US$ 222million due by next year.. Bank sure no dare to borrow money again and soon going to PN17.. There is no credibilty for this company. Even SAPNRG better than SD doing a clear loss AR.