A few months ago when the share price spiked high, i was the only guy warning everybody it was a pump n dump. Pearlwhite and Mabel went into overdrive to insult and discredit me.
Lo and behold, today Serba is suspended and its delisting is confirmed.
PS : I have personally checked some of the alleged "fake company" in Kajang by actually calling the number, checking google map and even calling the shop next to the location of the fake company address. My conclusion is that it is a non existent company.
These operators AKA Penipu dan pembohong saham kutip untung DI ATAS KERUGIAN KAMU
PS : I have been warning people non stop since 4 Oct every single day. Look at my comment history. Every single one of my warning comes true. Hari2 operator ni akan hina saya kerana mereka susah nak tipu orang akibat daripada usaha saya
Wonder Lembaga Tabung Haji would support this Bumi company, their stake in this company is relatively small, only 2.3% and the PPIM Chair has voiced to support Serba, unfortunately cakap macam kentut, bau bau sahaja.
Regard the court case, Bribe the judge? If judge not corporate, looked for PM to turn the court case down.
No auditor approve statement acc, kick out the auditor from Malaysia with the help of PM if auditor not approve the account statement. A lot company need to hire new auditor if big 4 being kick out.
Replace the whole bursar top management, stop them from asking SIR and keep their mouth shut
Than finally close all the hospital and inject 3 billion for debt payment and another 2 billion for space investment and operation cost.
Help........lol
karimorkaram quoted Wonder Lembaga Tabung Haji would support this Bumi company, their stake in this company is relatively small, only 2.3% and the PPIM Chair has voiced to support Serba, unfortunately cakap macam kentut, bau bau sahaja. 13/01/2022 9:12 PM
AirAsia PN17, I heard serba investors like to buy distress company hoping for a rebound, here is another god given opportunity. If AA limit down tomorrow, take this opportunity to average down.
The "Foss v Harbottle" rule states that "the proper plaintiff in respect of wrong committed against a company, is the company; not the shareholder".
So, the aggrieved shareholders need to sue in the name of the company.
However, since the tortfeasors (being the majority shareholders) are already in control of the company, why would the company take action against them?
One possible start is with Section 181 of the Companies Act 1965: Remedy in cases of oppression.
From there, do a tracing on the RM638 millions that were paid to six identified local suppliers. In the proceeds can be traced, all subsequent holders will be also constructive trustees to the money and gains that have arisen. If say the RM638 millions were used to purchase Tesla shares 2 years ago and now it has increased in value by 10 times to RM6,380 millions; the entire amount will belong to Serba (see HK AG v Reid, affirmed by FHR Ventures v Cedar).
In fact, Lady Ramunia has spoken in 2012:
“a constructive trust arises automatically. It is to be construed retrospectively from the time of the circumstances which give rise to it" - Zaharah Bte A Kadir Zaharah bte A Kadir (acting as the Authorised Representative of Abdul Kadir b Ami, deceased) v Ramunia Bauxite Pte Ltd & Anor [2012] 1 MLJ 192
SinGor If Court rules Karim guilty, those small retail investors should group together and file a claim against Karim and Co ( not SB...already Tin Kosong by now ). Some Lawyer can work on % to file for claims...A group has emotional strength that can take the claims a long way 13/01/2022 10:33 AM
JJPTR. Indeed an enlighten forensic deduction of historical conclusion. Curious as to the why and how when the sign shows yet season players are still adamant of its fundamental. The hilarious question is "Isn't there any other equity of this status floating around now" despite layer upon layers of check and balance, private till government, to safeguard stakeholders interest?
Yes, indeed it is the "fact" that mabel NEVER lose money be it in serbak, tech stocks or any other stocks promoted by her. Perhaps she only willing to admit one. LOL
To the lonely single lady who is day day licking her wound but pretended to be STRONG, good for you!
BTW congrats on being SUSSPENDED BY I3 just like how bursa suspended your serbak. Who knows you also the die hard fan of karim holding SCIB and kpower as well. Coz apa semua you pun ada.
Once again, TO YOUR FAILURE, mable the nyanyuk nenek ah kua!
Mabel 60+ nenek Ahkua longkang never lose $ in stocks market, but his/her EPF retirement all been stuck and gone case at SD.......No worry, sleep like a baby and behaves like a baby...
Between Serbak and Airasia, where both are bankrupt, the Airasia story is much more credible and post recovery from covid19 will be strong. There are transparency in Airasia and lots of crap stories in Serbak.
Based on my previous work experience in other countries Singapore, UK, Japan, Indonesia, Thailand and HK….I never heard of listed companies’ CEOs can still be allowed to continue working as BAU, not suspended pending court trials for alleged corporate criminal cases.
I also never heard of cases where CEOs still can continue to hold his/her jobs when cannot even produce audited accounts by deadlines or extended deadlines (most basic requirement for listed companies la)
Posted by shareinvestor888 > Jan 14, 2022 10:23 AM | Report Abuse
Based on my previous work experience in other countries Singapore, UK, Japan, Indonesia, Thailand and HK….I never heard of listed companies’ CEOs can still be allowed to continue working as BAU, not suspended pending court trials for alleged corporate criminal cases.
I also never heard of cases where CEOs still can continue to hold his/her jobs when cannot even produce audited accounts by deadlines or extended deadlines (most basic requirement for listed companies la)
Looks at marble, quad, honesty, solomo, pearwhite, they still support this kind of company,...too many idioooot in Malaysia...they got brain but don't want to use, prefer you help me I help you concept....
shareinvestor888 quoted Based on my previous work experience in other countries Singapore, UK, Japan, Indonesia, Thailand and HK….I never heard of listed companies’ CEOs can still be allowed to continue working as BAU, not suspended pending court trials for alleged corporate criminal cases.
US teachers retirement funds caught in shares of Serbak vote against reappointment of directors due to retire. Obviously Karim and gang should tender their resignation.
CalSTRS said voted as follows on Serba Dinamik management's proposals.
Proposal 1 — Elect Awang Daud Awang Putera Filed by: Serba Dinamik management Vote: Against
Proposal 2 — Elect Syed Nazim Syed Faisal Filed by: Serba Dinamik management Vote: Against
Proposal 3 — Elect Noor Azri Noor Azerai Filed by: Serba Dinamik management Vote: Against
Proposal 4 — Directors' fees and benefits Filed by: Serba Dinamik management Vote: Against
Proposal 5 — Appointment of auditor and authority to set fees Filed by: Serba Dinamik management Vote: For
Proposal 6 — Related-party transactions Filed by: Serba Dinamik management Vote: For
Proposal 7 — Authority to repurchase and reissue shares Filed by: Serba Dinamik management Vote: For
Proposal 8 — Adoption of new constitution Filed by: Serba Dinamik management Vote: For
Proposal 9 — Authority to issue shares without pre-emptive rights Filed by: Serba Dinamik management Vote: For
Karimorkaram No point for Tabung Haji and PPIM leader to defend criminal like Karim. Thief like Karim has brought shame to bumiputera Malaysia. One word JANGAN BERSUBAHAT.
Haha another potato karimorkaram id said dt knw how to vote in agm?? If u really r a share holder u sud have receive the notification by pos by sd or by your remiser n a proxy form attach to it. Real funny green green horn js came out of school i guess. Or never b4 buy any share b4.
Actually, the whole board should resign and sack the CEO, new CEO needed, then only got hope else pointless as how can investor accept this kind of madness in managing company.....thinking everyone is a fool....
ken2004 Actually, the whole board should resign and sack the CEO, new CEO needed, then only got hope else pointless as how can investor accept this kind of madness in managing company.....thinking everyone is a fool.... 14/01/2022 7:45 PM
many fools still think their money are safe in SD. You may never see SD trade on bursa again until delisted..I do not think that they want to clear the issues cause they are caught in between. They might as well let the company go down to bury everything.
Inflation is increasing and you expect goverment will bailout SD.. i believe now goverment need more money than SD.. If you still believe taxpayer money for bailout SD better you go primary school study again..
this is in reference to the article by Ms Pucat aka Pearl White who blame media and Bursa for all SD's problem.
Even below Low Yat Mentality. Just show how delusional one can become. Does not even understanding shareholding filing.
Actually what is the big deal if EPF is there of not. EPF has been selling down, this is a fact! Maybe not fast enough to get out all.
It is a fact Karim trade in the warrant and shares after disclosure of SIR at a meeting. It is a fact SD defaulted on interest payment. It is a fact SD cannot collect its receivables and stocks amounting to a massive write off
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 > 2022-01-13 20:37 | Report Abuse
Quah low chan might just was into SD office wearing a bomb vest and ask, who's right and who's wrong.