SD is gone.. even si karim resign..the situation in SD is different from kpower...there could be fraudulent cases in SD's accounting which detected by KMPG and EY...and i also heard Petronas is also auditting SD... for sure SD is in deep problem even karim resign can't solve the issue...
Karim Karim, see Kpower price shoot up today when you resigned. Please consider to resign as well in both SCIB and Serbadk yeah. The only way to help SCIB and Serbadk is you resign yeah
let capable person manage SCIB and Serbadk. as far as company earn, you earn leh. what for you control the company and yet company make loss, betul keh, kata I
. The article is out. This is a simplified version as the original one was too detailed. However, the gist remains as intended.
It is highly recommended that you obtain the ICAEW Auditing and Assurance book to cross reference against what is said in the article.
Otherwise, you may consult with an auditor, forensic/investigative auditor, internal auditors or CFOs. I do not recommend CFA, analysts and/or MBA Finance Graduates as they are ill equipped with the skill to know the ways to commit fraud or financial transgressions.
The game had not end. Better to trust those with insider information. Media report what is appear to be true can be false as they did not give the complete picture.
. Unfortunately for the not so financial savvy, the financial institutions have frozen approximately RM4 billion of credit facilities which can be utilised.
Posted by cheahgood > Dec 14, 2021 8:06 PM | Report Abuse
SD is gone.. even si karim resign..the situation in SD is different from kpower...there could be fraudulent cases in SD's accounting which detected by KMPG and EY...and i also heard Petronas is also auditting SD... for sure SD is in deep problem even karim resign can't solve the issue...
‘Schizophrenia is a serious mental disorder in which people interpret reality abnormally.
Schizophrenia may result in some combination of hallucinations, delusions, and extremely disordered thinking and behavior that impairs daily functioning, and can be disabling. People with schizophrenia require lifelong treatment.’
Serba Dinamik Holdings Bhd's indirect wholly-owned subsidiary SD International Sukuk Ltd is reported to have defaulted on its US$7.0m (RM29.5m) semi-annual coupon payment on the outstanding US$222.0m senior Islamic bond or sukuk issued by SD International. (The Edge)
Is this true that SD dont want to release? But Bursa can demand for it right?
Posted by InsiderShark > Dec 14, 2021 8:08 AM | 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?
The core thing is to settle the audit and loan repayment
Posted by superrr > Dec 14, 2021 1:48 PM | Report Abuse
The life and death issues that matter to the company are not resolved quickly. Every day announcing that there are so many new type of business, shown old pic with sultan, shown old pic with minister, bond defaulted. It is not help the company at all...useless.. 13/12/2021 11:02 AM
Real news are usually sourced from Bursa’s announcements, Annual reports, press release by Serba/listed companies or news from both trusted local and foreign news agencies, including youtube videos available to public.
Posted by cheahgood > Dec 14, 2021 8:06 PM | Report Abuse
SD is gone.. even si karim resign..the situation in SD is different from kpower...there could be fraudulent cases in SD's accounting which detected by KMPG and EY...and i also heard Petronas is also auditting SD... for sure SD is in deep problem even karim resign can't solve the issue..
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....
joyvest
10,190 posts
Posted by joyvest > 2021-12-14 18:17 | Report Abuse
As soon as that fellow has resigned in kp power, the share has responded positively.
Clearly That fellow is the obstacle to the appreciation of the capitalisation.that follow should be outcast long ago....