CONDOLENCE to our fallen heroes. We are all in the same boat here. It could hv easily been you and me who are just lucky today not to hold any SD shares.
This is where TRADERS hold enormous advantage over INVESTORS. Quick in n out, up take profit, down cut loss, never hold shares for long term.
Zonescorp will be happy bcoz no need to pay on the project WIP..hope Federal or Sarawak govt takeover and maintain public listing to protect shareholders..
So wat..SD now any buyer or PN17..How bout SCIB..Complete rascal..Even small amount of shares I bought it is still money..How can Bursa or SC allow SD to blind the investors..Now dunno whether can recover or not..
@ rr88 Last close 0.35. Open instant limit down at 0.05. ______________ Where got chance to hit 0.05 , direct delisting is the only way n all greedy bilis cant even get back 0.05 capital !
anyone holding ordinary shares will NOT get anything.
all assets are not even enough to pay bondholders and secured loans from banks
tak cukup
........................................
Will I incur any fees if I maintain delisted securities in my CDS account? Presently, you are not subject to any fees for maintaining delisted securities in your CDS account.
Am I allowed to transfer delisted securities? Yes, you may transfer your delisted securities to another CDS account by submitting the duly completed Transfer of Securities Request Form (FTF010) to your Authorised Depository Agent (ADA), where your CDS account holding your delisted securities is maintained.
=> thats why Macau Scammers, pearlblack, riskyinv, mineworker, suepipi/compipi etc etc are still TRYING to sell their Serba shares TO RELIGOUS NGOS
I will propose to Karim to sue SC and Judge and Government of Malaysia and United Nations and Galactic Empire for issuing a Warrant of Arrest for Karim...
anyone who see bapuk abdul karim abdulah please contact nearby police station he is WANTED by police for cheating and stealing bank and bondholders money.
When KPMG investigators do due diligence search on SD suppliers it found that even a normal household electrical hardware contractor was able to secure contracts worth millions from SD and this should raise red flags beside those suppliers with false addresses and non existent business premises. Look like thses type of fishy shadowy deals has been going on for years ?
Yes, there may be a case against the INEDs, especially Illyas Pakeer and Johan Ishak
--- What the 3 INEDs (Johan Ishak, Mohamed Farid Bin Abu Hassan and Siti Zaleha Sulaiman) reported to Focus Malaysia ---
[...was that three of the company’s independent non-executive directors (INEDs) had attended the presentation by the company’s special independent reviewer Ernst & Young Consulting Sdn Bhd (EY) on Oct 21 in the presence of representatives from Bursa Malaysia.
However, with the briefing being “a preliminary finding which was inconclusive”, the INEDs said EY has not reached any conclusion, hence certainly not for them or anyone else to second guess them.
“At the moment, everything is very much work-in-progress and in piece-meal basis, hence it’s very inappropriate to release the findings which otherwise would further cloud the achievement of our target rather than to resolve the problem at hand,” they collectively told FocusM.]
Serba Dinamik’s audit committee chairman Johan Ishak September 2021 interview with Free Malaysia Today
"If there are issues arising from their review, the independent directors will use their power on the board to push management to address the matters.
And we are clear and we are transparent, and we are fair.
If there is anything reported by any of these parties and based on investigations have confirmed that something wrong has been done, therefore we will take the necessary actions.
Because it is our fiduciary duty to make ensure that things are being put in place to address the matters.
Now, bear in mind, that the communications is only between Ernst & Young and the independent directors. The non-independent directors, the executive directors and management are not invited into the meetings that we have with Ernst & Young.
So, I think that provides enough check and balances, coupled with the fact that the independent directors are indeed independent as we have got no financial interests."
_________________
leno 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
What a sad state of affairs….almost 2 years ago I raised my suspension in this forum about Serba and was pretty sure it was unethical set up, the way the directors were continuously trading in company shares, announcing MOU’s and share placements suggests were sure signs of fraud. I was shouted down! Where is that feline who makes stories and made a thing about battleships, another fraudster.
“Tiada penipu yang akan berjaya meskipun mereka(penipu) terlepas untuk kali pertama dan kedua namun untuk kali ketiga orang tidak akan mempercayai mereka bahkan kadang-kadang mereka ini akan masuk penjara.”
Posted by Legend > Dec 28, 2021 9:51 PM | Report Abuse
Karim is not melayu
Aiya Legend, melayu bukan melayu tiada pasal, this is human nature regardless who we are. If each of individual here including myself who know the trick like Karim or Transmill CEO did come out a few papers can earn few hundred millions in our bank account, i also doubt i can uphold myself not doing it, the question is i don't know, my level is not there. This is human nature.
Even SD's ardent bootlicker Cheah Chor Sooi was unable to sugarcoat anything in his latest piece on Serba LOL!
Since pearlwhite likes to come up with so many theory conspiracies plucked from thin air, I'm going to do him one better - may Bintai Kinden takeover Serba hahahahaha!
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Posted by paulthesotong > 2021-12-28 20:59 | Report Abuse
"https://www.e-serbadk.com/board-of-directors/