Q) What’s the reason on the delay of special independent review by Ernst & Young? When will be the tentative date for the release on the review?
Ans) There is no independent reviewer report done by Ernst & Young Consulting Sdn Bhd (“EY Consulting”). What EY Consulting did was provide a Factual Findings Update (FFU) which according to EY Consulting is an interim product and is subject to corroboration. The Group is not blocking the factual findings update; rather, the Group is asking EY Consulting to sign off the factual findings update because only they can answer questions from shareholders or creditors as to what they have written. The Group is not in a position to answer for EY Consulting.
AGM minutes. Q109: To the entire BOD and Management Team of Serba Dinamik, please keep up the good work and you will have our support. I shall continue to manage the negative publicity and deal with the media with my articles. You can see my articles in Klsei3
Maybe SD use Petronas or Shell stamp to do a fake contract documents to tipu bank guarantee and transfer money for Si Karim personal use.. And now all those creditors blocking the JM and looking of payment
SD will never let the cat out of the bag. They would rather let the cat die inside the bag and let the whole thing remain as a myth ....... the truth will never be known...............................
Whose telling false lie !!!...SD vs KMPG... GFN BOD 'The trial hearingl is set on November 2022." Both sides have completed submitted the documents'.. ........THE EDGE ' as reported. Lawsuit against KPMG ' However, it is understood that NO SUIT has been filed against KMPG. thus far.'
PearlWhite next article - "Karim is a avid collector of company stamps since he was a young and innocent 5 years old boy, some people collect panties, some collect toys, Karim's hobby is perfectly normal as a CEO of a space company."
jail awang, and karim and kadir for a long long time. then with them in jail, their old haggard wives will have A Good time. with the moeney, they can buy anything, anyone. and their husbands will rot in jail
Too many SPM leavers trying to lecture at university..
All these under-educated, no financial knowledge jokers trying to promote stocks. You listen to them, you end up in a Shit Room with the fan on full blast.
There will be no Happy Ending in this stock. The writing is on the wall since last year.
Seriously, organised fraud, with fake contracts and artificial sales, expenses, fund flows and imaginary profits and dividends paid all out of funds raised from bonds and rights?
i3lurker
The Edge info on the Fook Fook You means that its Organised Crime.
The Edge info is so interesting that Serba has the rubber stamps of Petronas, Shell, all customers and all suplliers............. shareholders are totally fooked by the Fook Fook You.....
This SD tipu here and there even supplier and customer stamp also can duplicate.. Better delist asap scare future have many companies doing the same fraud as SD.. That time you feel more scare invest in Bursa than your money stuck in SD..
I saw comments keep going and this is very good. I just wonder something here, does all the retails investor shares are gone or would be reimburse as to the last share price stock?
Every SD staff in accounts dept should be fully aware of the SCAM IT is not a isolate a few very senior staff covertly creatung fake documents
WHEN SC come to raid, the staff are READY for them, OFF the POWER for whole building, SC have to walk 18 floor using stair UP and carry fake documents 18 floor down
They think by shutting down the lift they can stop the raid by SC, so childish. Even Karim’s house got raided. Karim, if you are reading this, own up and apologise, you’ve drag so many retail investor to hell and the last thing you can do is to find redemption by giving them closure. When you said you did nothing wrong, you already booked a place with satan in hell.
I cant wait to read the SIR. Better than hollywood movie.
The article posted by Pearlwhite is preposterous in that the disclosure of FFU by EY consulting would put BURSA into disrepute . He argued that such FFU is open to different interpretations as it is yet to be completed.
However, as far as KPMG and EY are concerned , FFU has been completed where irregularities have been detected and doubts are cast on going concerns and among others . It is the onus of the directors of SD to prove the irregularities otherwise instead of passing the buck around to the detriment of all the stakeholders.
That is what I suspected too, Serba refuses to confirm the findings or refuses to work with them. How to sign off if Serba is not making some documents available to EY? Also, Serba / Karim likes to hit below the belt, they will attack EY and KPMG knowing these auditors cannot attack back. Uninform retailers think because KMPG and EY refusal to fight back is a sign of guilt, not knowing there is a thing called professionalism, which EY and KPMG are both doing, not attacking their clients.
Karim: "We have a subsidiary called Serba Stationary and Printing, we print names card and make company stamps for Petronas and many of our vendors too. Trust us, we make stamps for SpaceX too, really."
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....
MiaoMiao7
449 posts
Posted by MiaoMiao7 > 2022-03-27 12:25 | Report Abuse
I wonder what is the mood in Serba Telegram group... still positive? or negative?