better organize a protest infront of serba hq, you guys wasting time here becoming keyboard warrior. since publicity is what karim crave for, he will hate these type of publicity.
Kesian Mabel 60+ The Titanic shipwreck has gone deep into the seabed beyond cure, y can only bragging around and enjoy yourself, promoting with hopeless...
If the arrest warrant for the CEO is for murder or other non financial crime the company got hope. But the warrant is for trying to submit false documents.
Do Sarawak gov care about pressure from public? Lol......
InsiderShark quoted better organize a protest infront of serba hq, you guys wasting time here becoming keyboard warrior. since publicity is what karim crave for, he will hate these type of publicity. 29/12/2021 9:40 AM
Can we shareholders rush inside SD premise to acquire as much assets as possible to recover our loss like furniture and computer or valuable asset? NTA still got Rm1 above.
Why dont you organize a looting party. If got 200 to 300 looters, surely they cannot catch all. So, you can rush in and maybe grab 1 laptop or something valuable and salvage your losses.... before the bondholder comes in and sell everything
SD is confirmed hopeless. Nothing to mitigate! Buying this stock in the 1st place given all the clear indication of fraud is already a grave mistake. Just forget it!
If you are creditor of SD, after bond defaulted, bond holder are losing million to billion on interest and capital. the loss amount will increase daily, and the asset will depreciate daily, they will form a army to sell all asset asap legally.....
So what will left to minority investor.....compare the amt loss with those bondholder, stupod invest loss is nothing...
This Pearl Hitam always talk cock here just like everything is in his control. You to Hospital Rambutan to check your brain yeah
-------------------------------------------------------------------------------- leno Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD ǷearlꙌhite . Oct 21, 2021 8:09 AM
COMPLETED ACTIONS FROM DETAILS BELOW
EY will provide finalised SIR to Bursa. - COMPLETED
Bursa to request SD to announce SIR findings. - COMPLETED. Awaiting Bursa notification to disclose.
Complete 2020 audit and annual report as planned - COMPLETED
Complete 30/9/2020 QR within time frame or earlier - COMPLETED AND APPROVED. 29/12/2021 9:56 AM
Josepan; you must know the assets (such as they) are used as security to lenders. Shareholder's and suppliers are not secured. If after the secured lenders have been fully repaid their loans with interest and costs, only then if anything is left (unlikely) the next to be paid are the hundreds of traders/suppliers. Only after all debts have been settled in full and costs paid will the balance if any be distributed to shareholders and I suspect that after repayment of outstanding loans and bank advances and trade Debtors there will be nothing left. In fact even secured lenders will likely take only get cents on the dollar and have to take huge haircuts as the companies reported value of Assets are most likely largely non existent all made up with fraudulent invoices if Karims reported activities in SD are anything to go by. Traders and suppliers (if they can prove their amounts) are highly unlikely to get even cents on the dollar. Shareholder Bilis who are the owners of the company get to to be fried. The real shame is that the Authorities sat back for so long allowed Karim to cash out before he ran with the lootings of his frauds.
it was the shareholders who let karim ran away with the loot they try to hinder authorities from taking fast action on sebak. they support karim sue kpmg they support karim sue EY and Bursa they support karim to not release the SIR. And some even questioning the timing of bursa getting arrest warrant yesterday.
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Posted by newbie1111 > 2021-12-29 09:37 | Report Abuse
The CEO now got arrest warrant out , still got people believe this company can be saved?