Hahahaha, Pearlwhite quote, "What a funny drama, this drama can only cheat all the ignorant investors, but couldn't be able to deceive the experienced smart investors like coldeye sifu and KYY" unquote.
Indeed very funny and who do you kidding and deceiving when you quote coldeye and KYY?
My advise to you, if you have money problems you can ask Mabel for help.
Haha wtf happen here. Ceo charge in court already. Still got promoter promoting non stop. I wonder who is that Big Hole fellow going to pay these promoter. I can say the chances of sd got delisted is high.
Three funny parts: 1. Why after so long (after 6 months) then only charged?
2. Why SC charged SD and higher management and Karim for RM 6billion false sales? I thought EY already confirmed that 3Bilion++ already verified in Malaysia, and left only 1.4billion in oversea remains unverified? (Previously kpmg claimed that only 4.54billion were suspected, but now is 6billion????) What a joke???
3. And why this SC charging without waiting for the final audit result, but DPP already charged them for 6billion false sales revenue??
1. Need time to investigate, to compile evidence and file summon. We live in a democratic country, not some communist country like North Korea. There are procedure to follow.
2. Did you not read the report in theEdge where they read the KPMG and EY report in court? both says there are more to be uncovered, and EY even said some are beyond their scope of work thus they did not investigate but suspect it is fraud too.
3. Final audit result? SC did their investigation too. What final audit result? By Nexia? SC investigated and come to the same conclusion as KPMG and EY, got fraud, thus they charge Karim.
And again, just wondering whether Karim or his management later can take any legal action against SC for their abuse of power for wrongly allegated them for this?
hahahahah this guy is ignorant. Even 1 invoice false can charge under the Act. 6 billion false sales figure provided by Serbak management where the actual is lower, that figure misleads the public that Serbak is doing well. No need to wait for an audited figure, if not mistaken, any quarterly report is a statutory declaration. Just like tax returns, the form is a statutory declaration and any taxpayer who fills in the wrong figure has committed the offence under the Income-tax Act.
Posted by InvestorKING > Dec 29, 2021 7:33 PM | Report Abuse
Three funny parts: 1. Why after so long (after 6 months) then only charged?
2. Why SC charged SD and higher management and Karim for RM 6billion false sales? I thought EY already confirmed that 3Bilion++ already verified in Malaysia, and left only 1.4billion in oversea remains unverified? (Previously kpmg claimed that only 4.54billion were suspected, but now is 6billion????) What a joke???
3. And why this SC charging without waiting for the final audit result, but DPP already charged them for 6billion false sales revenue??
Why worry for Chef? The whole top management should be crucified for cheating the public.
Posted by InvestorKING > Dec 29, 2021 7:42 PM | Report Abuse
And again, just wondering whether Karim or his management later can take any legal action against SC for their abuse of power for wrongly allegated them for this?
KUALA LUMPUR (Dec 29): Serba Dinamik Holdings Bhd chief executive officer (CEO) Datuk Mohd Abdul Karim Abdullah, who could not be located on Tuesday (Dec 28), turned up at the Sessions Court here on Wednesday (Dec 29) morning to be charged in relation to the group’s submission of a false statement to Bursa Malaysia.
Meanwhile, the group’s vice-president of accounts and finance Muhammad Hafiz Othman was slapped with an additional charge in the Shah Alam Sessions Court for allegedly creating fictitious sales, causing falsified revenue to be recorded in Serba Dinamik’s earnings report for the quarter and year ended Dec 31, 2020.
The fine is too light, it should be severely punished so that it will be compassionate and righteous to shareholders. The death penalty is an effective multiplication.
The fine is too light, it should be severely punished so that it will be compassionate and righteous to shareholders. The death penalty is an effective multiplication.
Why this why that? Why are you still ignorant?why do you keep asking why SC has charged SD?why why why and tell me why....
Simple for simpleton....
Irregularities were unfolded by KPMG during the course of audit and then concluded by EW Cons again.Both refered the findings to SC.
It is the absolute perogative of SC to charge the perpetrators.ie SD. It's the right of SD to prove its innocence.
The figures of 6b++ or what is secondary.What matters most is that SC has the reasonable belief that SD has the intention to swindle through false accounting....
Too bad I could not trademark the word "fictitious" since it was used in the article entitled "Serba Dinamik is ever so helpful, but the rest refuses to leave Malaysia to finalise the SIR"
Anyhow, all was explained previously abt the typed documents that were seized and to what extend will be FAFT.
PETRONAS denies any form of collaboration with Serba Dinamik to jointly attract investors for any projects at the Expo 2020 Dubai, as implied in the statement, neither is there any other collaboration to jointly attract investors using other platforms.
KUALA LUMPUR, Dec 29 — Petroliam Nasional Bhd (Petronas) has denied any collaboration with Serba Dinamik Holdings Bhd to jointly attract investors for any project at Expo 2020 Dubai.
The oil giant is responding to a statement that Serba Dinamik’s legal team was quoted as making in a Free Malaysia Today report titled “Serba Dinamik CEO charged over alleged false statement on company affairs” today.
According to the report, lawyer Tan Sri Muhammad Shafee Abdullah said Serba Dinamik chief executive officer Datuk Mohd Abdul Karim Abdullah will attend the trade expo next month to woo investors and “Serba Dinamik and Petronas will be bringing in investment to the tune of RM33.9 billion.”
In its statement, the national oil company said: “Petronas denies any form of collaboration with Serba Dinamik to jointly attract investors for any projects at the Expo 2020 Dubai, as implied in the statement; neither is there any other collaboration to jointly attract investors using other platforms.”
Abdul Karim was charged in the Sessions Court today in relation to a false statement submitted by Serba Dinamik to Bursa Malaysia.
The report said Abdul Karim is scheduled to give a speech at the expo next week. — Bernama
Petronas will soon deny a lot of Serba's declared revenue for Malaysia.
Maybe RM 943.56M (50% of RM1,887.125M) for Malaysia is real.
Since I do not have the client names for Sri Lanka and UK, I will accept the RM12.786M and RM10.035M as alleged for both countries. (Otherwise the pearlblack will ask me to look at the Directors' Meeting Register, FAFT, ICAEW etc).
--->> Out of the RM6,014.075M declared for quarter ended 31st Dec 2020, only RM966.381M is real.
p.s. What the hell is FAFT?
There is a FATF - Financial Action Task Force, also known by its French name, Groupe d'action financière, is an intergovernmental organisation founded in 1989 on the initiative of the G7 to develop policies to combat money laundering. In 2001, its mandate was expanded to include terrorism financing.
________________
Quarterly report for the quarter ended Dec 31, 2020.
Malaysia _______ 1,887.125M Petronas Chemical Ammonia, Petronas Methanol (Labuan) Sdn Bhd, Petronas Carigali, Petronas Gas
Indonesia _______ 162.249M - PT Pilar Bahtera Energi
Laos ___________ 6.311M - Nam Taep 1,2,3 Hydropower Co Ltd
Turkmenistan ____ 99.080M - Turkmengas
India ___________ 42.914M - Captiv Techno Solutions Private Limited - Analog and Digital Labs India Private Limited
Uzbekistan ______ 16.010M - Hazarasp Chlor Alkali LLC FC
Sri Lanka ___________ 12.786M
Bahrain ________ 430.234M - Lata International Trading and Services - Regno International Trading & Services W.L.L
UAE ___________ 1,228.873M - New Thunder Technical Services - Block 7 - Future Digital Data Systems LLC - Sum Tech
Qatar __________ 1,543.077M - Process Dynamics - Pavilion Qatar Engineering Co. W. L.L - Halul Offshore Services Company WLL
Oman __________ 251.545M - Revenue International LLC
Saudi __________ 205.599M - Midad Industrial Services
Kuwait __________ 65.560M - Al-Meer Technical Services Co
Previous Serbadk's contract in Petronas system is not even close to RM 0.5 billion, and their legal team dare say Petronas is collaborating with Serbadk to bring in investments to the tune of RM 33.9 billion! No wonder public opinion can be easily manipulated by media if nobody dare to find out the truth like KPMG... or like myself who previously has accessed Petronas system before...
Still try to solicit biz in Dubai? The O&G circle keeps track of SD's case... already know they're sinking fast...Petronas also keep distance...SD is really a disappointment and disgrace.
InterFund, you are not Chinese but yet you con people.
-->>> Conclusion: Conman is color blind
Stock: [SCIB]: SARAWAK CONSOLIDATED INDUSTRIES BHD
Posted by InterFund Oct 28, 2021 4:15 PM | Report Abuse
Adding 5 million shares more..................................
Stock: [SCIB]: SARAWAK CONSOLIDATED INDUSTRIES BHD
Posted by InterFund Oct 27, 2021 4:14 PM | Report Abuse
Adding another 2 million shares today.................................
Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD
Posted by InterFund Oct 22, 2021 6:15 PM | Report Abuse
I bought 8 million shares................... Karim bought only 1 million....................
Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD
Posted by InterFund Oct 11, 2021 12:09 PM | Report Abuse
RM3 in sight.............................. @uncle_lim is right............................. many new millionaires in the making..............................
Karim is the best CEO.............. Conclusion after meeting with our clients they want more of SERBADK cakes............... Initiate marubozu...........
Fictitious sales, fictitious collaborations. Don't let them get away. Give them the maximum jail term if found guilty. Rm3million is just a slap on the wrist.
karim, if you cannot run a big business, just go sit in sarawak and sell kek lapiss. do pretend to be top business man and cause losses to people. good for nothing . brainless/ but then maybe his father never educated him
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....
Huangbk72
4,944 posts
Posted by Huangbk72 > 2021-12-29 19:18 | Report Abuse
Hahahaha..
Do you understand law? bodoh budak ni.
What the F story now? going in and try to understand the law? Let the court decide. Beyond your tiny brain to understand anyway.
Better you come back to earth and hope SC dont start delisting process in 1st Jan 2022.