Price already smashed from 2.90 to 40cents. What else you want?? Hahaaa
TreeTopView I'm a little bit surprised that KPower hasn't been smashed on this news. Although he's resigned from the company he still holds around 15% of KPower
newtrader1989........I would have thought the immediate knee jerk reaction to this latest news would be to sell, no matter how far it had previously dropped.
Once upon a time, there was a cat that always promoting buy SD, 14/15 Consecutive profits!!!...always pay dividends...well, none of those stands now. Fake!
The last 4 independent directors that resign must be haul up to court and jail for abetting and cover up Karim Abdullah stealing and cheating millions of cash and producing fake profit in sebak account. -Illyas Pakeer -Johan Ishak -Farid Hasan -Siti Zaleha
Based on this, pursuant to paragraph 16.02(1)(c) of the Main Market Listing Requirements, in the interest of maintaining an orderly and fair market in the trading of its securities, SD is suspended.
[Section 188 of the CMSA]
3. INSIDER TRADING
3.1 Meaning of Insider
A director is considered an ‘insider’ pursuant to Section 188(1) of the CMSA, if he/she –
(a) is in possession of price-sensitive information which is not generally available; and (b) knows or ought reasonably to know that the information is not generally available.
3.2 Prohibition from Trading
All directors should take note of the prohibition on insider trading set out in the Part V Subdivision 2 of the CMSA with regards to dealing in securities whilst in possession of price-sensitive information.
Pursuant to Section 188(2) of the CMSA, directors are prohibited from trading either by themselves or through an agent while in possession of unpublished price-sensitive information. The prohibition is as follows:-
An insider shall not, whether as principal or agent, in respect of any securities relating to unpublished price-sensitive information –
(a) acquire or dispose of, or enter into an agreement for or with a view to acquisition or disposal of such securities; or (b) procure, directly or indirectly, an acquisition or disposal of, or the entering into an agreement for or with a view to the acquisition or disposal of such securities.
3.3 Prohibited to Communicate
Pursuant to Section 188(3) of the CMSA, the insider is prohibited to directly or indirectly communicate, or cause such price-sensitive information to be communicated, to another person, if the insider knows, or ought reasonably to know, that the other person would or would tend to –
(a) acquire, dispose of, or enter into an agreement with a view to acquisition or disposal of, any securities which is unpublished price-sensitive information; or (b) procure a third person to acquire, dispose of or enter into an agreement with a view to the acquisition or disposal of, any securities which is unpublished price-sensitive information. .
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.
wah... peralwhite says took too long to catch is a problem, i bet if too early also a problem. end of the day, pearlwhite lose so much money until gila liao.
369 False reports to Commission, exchange or approved clearing house A person who– (a) with intent to deceive, makes or furnishes; (B) the affairs of a listed corporation;
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]
That's why I said before: they have to resigns due to they know the inside story and are afraid of getting involved. Everyone understands....Business as usual ??
where is that Mabel and her ships? Bermuda Triangle swallow the ships? Cat bit her tongue? No more Meow Meow Meow who's a strong supporter or Serbadak?
Where's the ex-Chairman who says shoplot auditor? Mana sudah lari?
the investigation may took slight longer than though, but bear in mind that KPMG reported ton authority around mid of the years, i guess it needs few months to investigate, than verify and approval before submit for warrant probably few days to weeks.......so it quite reason for SC took 4-8 months to conclude. further on that their real is just begin, more work need to be done until the case can be concluded and closed in court.
but warning have being given loud and clears, all risk directors resign on same day, red flag from auditor and SC start investigation openly in mid of the year, only stupod idoot still invest in this counter...100% loss....lol idoot investor.
Serba Dinamik selaku Orang Kena Saman (OKS) diwakili Pengarah Bukan Eksekutif Bebas, Abu Bakar Uzair, manakala Syed Nazim, Azhan serta Muhammad Hafiz selaku tertuduh, didakwa dengan niat untuk menipu, mengemukakan pernyataan palsu yang terkandung di dalam "Serba Dinamik Holdings Berhad's Quarterly Report on the Consolidated Results for the Quarter and Year Ended 31 December 2020."
cant understand the stupinesssss for those who invested in this counter after multiple red flags, are they really iddoot, before the red flag may difficult to spot the weakness of the company, but after the red flags still invest in this kind of company, call you stupood also overestimate you....
PW casting as Jack said to ladyMeow casting as Rose "Promise me you'll survive. That you won't give up, no matter what happens. No matter how hopeless. "
PW: Promise me you'll survive this fiasco.
LadyMeow is so touched that she is holding on till now....she is doing this for PW only....life will go on and so is SD....
Mereka yang didakwa ialah Pengarah Urusan dan Ketua Pegawai Eksekutif Kumpulan Serba Dinamik Datuk Dr Mohd Abdul Karim Abdullah; Pengarah Eksekutifnya, Datuk Syed Nazim Syed Faisal; Ketua Pegawai Kewangan Kumpulannya, Azhan Azmi dan Naib Presiden Perakaunan dan Kewangannya, Muhammad Hafiz Othman.
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....
BobAxelrod
8,255 posts
Posted by BobAxelrod > 2021-12-28 12:15 |
Post removed.Why?