369. A person who– (a) with intent to deceive, makes or furnishes; or (b) knowingly authorizes or permits the making or furnishing of, any false or misleading statement or report to the Commission, a stock exchange, a derivatives exchange or an approved clearing house relating to– (A) dealings in securities or derivatives; [(A) Am. Act A1406/2011] (B) the affairs of a listed corporation; (C) any matter or thing required by the Commission for the due administration of this Act; or (D) the enforcement of the rules of a stock exchange, derivatives exchange, or approved clearing house, commits an offence and shall, on conviction, be punished with imprisonment for a term not exceeding ten years and shall also be liable to a fine not exceeding three million ringgit. [ Am. Act A1406/2011]
Serba Dinamik and its top executives charged by SC for submitting false statement to Bursa Malaysia Securities Berhad - under section 369(a)(B) of the Capital Markets and Services Act 2007 (CMSA). The SC is trying to locate Serba Dinamik's MD and CEO Datuk Dr Mohd Abdul Karim Abdullah.
is just funny when people say management resigns is a good sign, laugh to the max. with resignations merely a year into a job tell a very bad inside already, something is wrong and people don't want to take responsibility to it so resigned. Nothing surprising on Serba, going down the drain next. PETRONAS and other clients would not want to do business with them anymore.
Serba Dinamik and top executives charged by SC for submitting false statement to Bursa
"Serba Dinamik and its top executives charged by SC for submitting false statement to Bursa Malaysia Securities Berhad - under section 369(a)(B) of the Capital Markets and Services Act 2007 (CMSA). The SC is trying to locate Serba Dinamik's MD and CEO Datuk Dr Mohd Abdul Karim Abdullah."
Serba Dinamik and its top executives charged by SC for submitting false statement to Bursa Malaysia Securities Berhad - under section 369(a)(B) of the Capital Markets and Services Act 2007 (CMSA). The SC is trying to locate Serba Dinamik's MD and CEO Datuk Dr Mohd Abdul Karim Abdullah.
False reports to Commission, exchange or approved clearing house 369. A person who– (a) with intent to deceive, makes or furnishes; or (b) knowingly authorizes or permits the making or furnishing of, any false or misleading statement or report to the Commission, a stock exchange, a derivatives exchange or an approved clearing house relating to– (A) dealings in securities or derivatives; (B) the affairs of a listed corporation; [(A) Am. Act A1406/2011] (C) any matter or thing required by the Commission for the due administration of this Act; or (D) the enforcement of the rules of a stock exchange, derivatives exchange, or approved clearing house, commits an offence and shall, on conviction, be punished with imprisonment for a term not exceeding ten years and shall also be liable to a fine not exceeding three million ringgit.
the enforcement of the rules of a stock exchange, derivatives exchange, or approved clearing house, commits an offence and shall, on conviction, be punished with imprisonment for a term not exceeding ten years and shall also be liable to a fine not exceeding three million ringgit.
Does that means if Karim go to jail and pay the fine, then the company could still continue running by others ?
KUALA LUMPUR (Dec 28): Serba Dinamik Holdings Bhd and its top executives have been charged by the Securities Commission Malaysia (SC) for submitting a false statement to Bursa Malaysia Securities Bhd — under Section 369(a)(B) of the Capital Markets and Services Act 2007. The SC is trying to locate Serba Dinamik group managing director and chief executive officer Datuk Dr Mohd Abdul Karim Abdullah.
SC already charge them for submitting false info, Nexis gonna sign their AR? Never… so, no need to wait, no more AR, now waiting for delisting announcement
KUALA LUMPUR (Dec 28): Serba Dinamik Holdings Bhd and its top executives have been charged by the Securities Commission Malaysia (SC) for submitting a false statement to Bursa Malaysia Securities Bhd — under Section 369(a)(B) of the Capital Markets and Services Act 2007. The SC is trying to locate Serba Dinamik group managing director and chief executive officer Datuk Dr Mohd Abdul Karim Abdullah.
There you are guys, when he was selling warrants pre-suspension of trading told you guys he is ready to run. More signs later he was transferring K-power shares to his close associate. So now we know he has got info of pending SC charges.
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anaktimurlaut
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Posted by anaktimurlaut > 2021-12-28 10:59 | Report Abuse
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