Posted by superrr > 2022-02-08 09:28 | Report Abuse

Cunning sharks are all deceived, let alone those anchovies..Ikan bilis ? only Sarawak KAbodoh Boleh lah....

Posted by superrr > 2022-02-08 09:28 | Report Abuse

0.005 able to buy ice dream later....

Posted by superrr > 2022-02-08 09:32 | Report Abuse

Sneakpeek Karam..karam..KAbodoh

Posted by superrr > 2022-02-08 09:36 | Report Abuse

Might as well learn from China ppl=== live in to kabodoh building....haha

Depeche SD should be responsible to holders and just disclose FFU on Wed.... lift suspension first... deny all they want and get on with repair and rebuilding. ...if still possible.

Posted by IdleMoney66 > 2022-02-08 09:49 | Report Abuse

Karim is the Icon of Bumiputera Entrepreneur

Posted by IdleMoney66 > 2022-02-08 09:50 | Report Abuse

I already expect to have total loss of my investment on Serba. Come on just resume trading and reveal all info to all shareholders

Posted by Nikmon > 2022-02-08 10:02 | Report Abuse

Suspended until delisted, I guess SD will appeal drag longer so that can continue enjoy the benefit being a public listed CEO.

If suspend lifted, Karim may need to worry about force selling, I believe it will rather drag under current circumstances.

Posted by Vicky > 2022-02-08 10:19 | Report Abuse

stay cool bro. SD after reveal the FFU by E

Posted by Vicky > 2022-02-08 10:19 | Report Abuse

serba endgame is not over yet

Posted by ǷearlꙌhite > 2022-02-08 10:30 | Report Abuse

.
As predicted, one particular media was the 1st to report and yet left out so many details.

Only interested in the disclosure of the FFU or whatever is it called nowadays and never mention the other "orders". Framing as usual.

Bursa set a precedent that anything disclosed can be inconclusive yet material, without ability to question the author nor the author giving an opinion since the author doesn't exist. All in the name of getting SD off the suspension.

Good news is that SD got what it wants and its only 4.5 months till the next financial year end and Bursa is still in the fiasco it created.
.

Posted by 8dragon > 2022-02-08 10:36 | Report Abuse

The only listed public company in bursa that has no accountability and integrity.....should be delisted

Posted by DoomStock > 2022-02-08 10:41 | Report Abuse

Lol..The end game. Careful now folks!

“We are submitting an appeal to the Court of Appeal … Meanwhile, we have applied for a stay pending our appeal yesterday,” a company source told FocusM. “The outcome should be known tomorrow (Feb 9) or the day after (Feb 10).”

https://focusmalaysia.my/serbas-has-filed-a-stay-on-kl-high-courts-48-hour-disclosure-order/

Posted by Surebet > 2022-02-08 10:58 | Report Abuse

Karim is wirholding evidence like the rest so that other cases can buy time for new gov.

Posted by Depeche > 2022-02-08 10:58 | Report Abuse

Lol... the FFU is just an UPDATE of the factual findings... not CONCLUSION... yet they're fighting tooth and nail to cover up... something is very wrong lo...ppl will think. lol

Posted by Surebet > 2022-02-08 11:00 | Report Abuse

Law in malaysia has become like a comodity when law is like that people need to defend themselves oldstyle

Posted by MiaoMiao7 > 2022-02-08 11:53 | Report Abuse

I hope court of appeal reject them. Just release the SIR, what is there to hide?

Posted by Huangbk72 > 2022-02-08 12:06 | Report Abuse

SD is fighting Bursa to keep FFU/SIR from seeing daylight because it will have legal implication on "certain people"

The only way for them to remain "free people" is to bury it and wait for SD to be delisted.

Bursa and the auditors are trying to protect all the minority shareholders, yet promoters twist the story by saying otherwise.

Looking at the situation, SD will try to keep status quo till they get delisted. Legal cases can drag on for years.

Posted by tpcourt123 > 2022-02-08 12:34 | Report Abuse

open trade sure LU

Posted by Sslee > 2022-02-08 12:58 | Report Abuse

KUALA LUMPUR (Feb 8): Serba Dinamik Holdings Bhd's US dollar sukuk due March 2025 is poised for its biggest fall since Dec 7, 2021 according to Bloomberg-compiled prices.

The 6.9965% sukuk fell 2.6 cents on the dollar to 6.76 cents as of 9.08am in Hong Kong on Tuesday (Feb 8).

Posted by Chung > 2022-02-08 13:20 | Report Abuse

Gangster Dinamic sue here and there

Posted by alenac > 2022-02-08 13:31 | Report Abuse

Another delay game in court as I said previously may end up with Bondholders winding the company up before any court decision is made.

“We are submitting an appeal to the Court of Appeal … Meanwhile, we have applied for a stay pending our appeal yesterday,” a company source told FocusM. “The outcome should be known tomorrow (Feb 9) or the day after (Feb 10).”

If Serba Dinamik gets its way, then the counter shall remain suspended indefinitely, so to speak, as “the appeal process will be three months away”, according to people familiar with the matter.

https://focusmalaysia.my/serbas-has-filed-a-stay-on-kl-high-courts-48-...

Posted by ahot75 > 2022-02-08 13:36 | Report Abuse

https://www.theedgemarkets.com/article/high-court-dismisses-serba-dinamiks-bid-bring-sc-bursa-parties-injunction-application

Dismiss!!!!

Posted by ahot75 > 2022-02-08 13:40 | Report Abuse

so many different court case...SD really need to drag as long as possible... :)

Posted by DoomStock > 2022-02-08 13:46 | Report Abuse

Lol..Dismissed by the appeal court. Checkmate

Posted by NatsukoMishima > 2022-02-08 13:47 |

Post removed.Why?

Posted by Nikmon > 2022-02-08 14:44 | Report Abuse

Once the SIR make public, definitely will be scrutiny by media and public, to seek accountability.

Than SC possible charge Karim on insider trading ....

Release the SIR is not favor by Karim but good for retailer, so retailer can get some money back

Posted by Trader2 > 2022-02-08 15:00 | Report Abuse

Con businessmen should be locked up or buried deep to keep proper & decent people safe.

Posted by Depeche > 2022-02-08 16:09 | Report Abuse

Punish whoever is guilty.

Posted by tradersampah > 2022-02-08 16:20 | Report Abuse

steady, mgu dpn open limit uppppp

Posted by SHQuah > 2022-02-08 18:24 | Report Abuse

If SIR open, Karim end up in Jail. Then who is going to run the company with all this problem ?

Posted by IdleMoney66 > 2022-02-08 18:28 | Report Abuse

Whether the SIR is material or not. Karim sure will be charge on insider trading. He sold most of his warrant after he have the Information from SIR.

He is the Icon of Bumiputera Entrepreneur. Such a good leader of Bumiputera.

Posted by SHQuah > 2022-02-08 18:42 | Report Abuse

The 2nd major shareholders should take over as CEO.

Posted by 8dragon > 2022-02-08 18:44 | Report Abuse

If SD refuse to reveal the ffu, then SC should request EY to reveal it...

Posted by Aurora13 > 2022-02-08 18:47 | Report Abuse

Wait till 2048 la, later appeal higher courts, then challenge to strike out the judges, this that ding dong like rossy, can still play around

Posted by pington > 2022-02-08 19:00 | Report Abuse

FFU already out. EY findings consistent with KPMG.
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=122999&name=EA_GA_ATTACHMENTS

Posted by pington > 2022-02-08 19:04 | Report Abuse

The updated factual findings of EY pursuant to the SIR

(d) In relation to Scope 1, in respect of in respect of the highlighted concerns
raised by KPMG in the s 320 Report concerning 11 identified customers of
the Company, EY, following investigations, casts doubt on the veracity of the
transactions with the 11 identified customers. The total sum involving the 9
out of the 11 identified customers are in excess of RM435 million.

(e) In relation to Scope 2, in respect of the highlighted concerns raised by KPMG
in the s 320 Report concerning 6 identified local suppliers, EY, following
investigations, raised concerns on the veracity of the transactions with the 6
identified local suppliers. The recorded transactions and other amounts are
in excess of RM638 million.

(f) In relation to Scope 3, in respect of the highlighted concerns raised by KPMG
in the s 320 Report concerning the veracity of IT contracts entered into by
the Company’s subsidiary, SDIT International Limited, with 6 identified
customers and 2 identified suppliers and the inability of KPMG to determine
the appropriateness of the contracts / transactions and to ascertain the
appropriateness of the revenue and cost recognised, EY, following
investigations, found anomalies with respect to the contracts with 5 of the
identified customers and 1 of the identified suppliers. In addition, EY in
conducting the SIR also found anomalies with respect to other customers
and suppliers not identified by KPMG. The total sum involved is in excess of
USD 76 million.

(g) In relation to Scope 4, in respect of the highlighted concerns raised by KPMG
in the s 320 Report in relation to 1 identified customer and 1 identified
supplier in Bahrain, EY, following investigations, found that the Bahrain
customer could be related to the Company and that EY also casts doubt with
respect to the veracity of the transactions with the Bahrain supplier. Invoices
and delivery orders of the Bahrain customer is in excess of USD 12 million.

Posted by amet2017 > 2022-02-08 19:22 | Report Abuse

Haiya.. That is SD bursa statement ler.. Not FFU

Posted by yingzhe17 > 2022-02-08 19:33 | Report Abuse

Duit Karim dalam bank cayman island

Posted by pington > 2022-02-08 19:38 | Report Abuse

This may not be the complete FFU. But it tells you the summary of the FFU.

Posted by Depeche > 2022-02-08 19:49 | Report Abuse

KPMG raised doubts on RM4.54b worth of transactions...EY raised doubts on
RM1.438b.. SO WHAT HAPPENED TO THE RM3b doubtful transactions raised by KPMG? Verified by EY?

Posted by abcb > 2022-02-08 20:39 | Report Abuse

Pls catch and lock up all directors who involved with the fake account, don't let them run away

Posted by zoizai > 2022-02-08 20:44 | Report Abuse

The money went into someone account in Middle East hahahaha….

Posted by SHQuah > 2022-02-08 20:45 | Report Abuse

CEO and CFO lock up in same jail.

Posted by zoizai > 2022-02-08 20:46 | Report Abuse

Memalukan bumiputera.

Posted by Stockhunter88 > 2022-02-08 20:47 | Report Abuse

Topkek report... Congrats to all the shareholder, privatise soon

Posted by andylim2327 > 2022-02-08 20:55 | Report Abuse

Bumiputera Icon Company ? Apa yang telah berlaku ?

Posted by ivanlau > 2022-02-08 20:56 | Report Abuse

stockpixx2u finally close shop..... unable to get the link in the facebook....... all gone.... really
laosai guru , now only left half boiled egg tyxxp keep active in fb..........

Posted by InvestorKING > 2022-02-08 21:05 | Report Abuse

Seems like whatever pearlwhite written all accurate

Posted by InvestorKING > 2022-02-08 21:08 | Report Abuse

Previously 4.54billion by kpmg,but now only 1.4billions are suspicious under EY consulting?? Suspicious only, and YET to verify and confirm

Posted by andylim2327 > 2022-02-08 21:10 | Report Abuse

Is 1.43 billion, 4.54 billion is no longer relevant.