Posted by BobAxelrod > 2022-04-29 14:02 | Report Abuse

What was said is coming in now...signboard also lelong...hehehe

Posted by TreeTopView > 2022-04-29 14:05 | Report Abuse

I'm speculating that senior SC execs are now drawing a line in the sand to state they are totally disgusted with what has been directed by the AG. Just my opinion.

https://www.theedgemarkets.com/article/three-more-top-officials-leave-sc

Posted by 8899EL8899 > 2022-04-29 14:08 | Report Abuse

kwap,....such a big body of malaysia government,......invest a lot in malaysia stock market,.......kwap act like small boy ,....`tak apalah` attitude,.......no showing leadership in fighting the commercial crime,.......even though kwap have money, legal team to do so,.....they `halal` them to do the fraud,......very shameful

Posted by TreeTopView > 2022-04-29 14:09 | Report Abuse

One resigning,. ok
Two resigning, a coincidence?
Four resigning.........a statement.

Posted by i3lurker > 2022-04-29 14:11 | Report Abuse

no worries

Zhou Gong will issue an Executive Order to order the new Executive Chairman and all SC staff including toilet cleaners and tea lady to bow 3 times and kneel down in front of Karim to beg forgiveness for issuing "wrongful compound"

Zhou Gong will also order a compensation of RM50 Billion to be paid to Serba, failing which the SC building will henceforth belong to Serba and all staff of SC will work for Serba for food only without any salary until they die.


Posted by TreeTopView > 2 minutes ago | Report Abuse

I'm speculating that senior SC execs are now drawing a line in the sand to state they are totally disgusted with what has been directed by the AG. Just my opinion.

https://www.theedgemarkets.com/article/three-more-top-officials-leave-...

Posted by Eric Lim > 2022-04-29 14:13 | Report Abuse

wow so powerful can tapao whole SC

Posted by Squirtle > 2022-04-29 14:20 | Report Abuse

Knn Dato Karim

Posted by Haru_Joy > 2022-04-29 14:24 | Report Abuse

We have the succession plan in place to fill more top official resign. Hehe

Posted by Haru_Joy > 2022-04-29 14:25 | Report Abuse

SC need to change blood.

Posted by i3lurker > 2022-04-29 14:30 | Report Abuse

Zhou Gong says dun try to be a policeman in Somalia, Yemen and some say Afghanistan.
You will be forced to resign.

Posted by MiaoMiao7 > 2022-04-29 14:42 | Report Abuse

If retail investor dont organise a protest in from of AG, i tell u karim will walk away free.retailers need to wake up and smell the roses. Gather and proteest… make them pay

Posted by MiaoMiao7 > 2022-04-29 14:42 | Report Abuse

I am sure karim gang control the telegram group

Posted by ǷearlꙌhite > 2022-04-29 14:56 | Report Abuse

.
The purge continues but still far from over.

Political parties have no businesses abusing MOF machinery and bodies.

Also, no interference with MACC.

These are just DAP symphatisers leaving.

More to come.

No need worry about SD. Procedural matter from creditors as planned for restructuring exercise.

More will be announced in due cause to make right what was previously wrong by the perpetrators.
.

Posted by MiaoMiao7 > 2022-04-29 14:59 | Report Abuse

PearlWhite thinks aliens build the pyramids, he believes we are ruled by a lizard-man society, the earth is flat, bilderberg group rules the world and etc….

Posted by Huangbk72 > 2022-04-29 15:10 | Report Abuse

Kacang Putih sickness is terminal.. similar to SD.

Creditors is not considering restructuring.

Its liquidation stage. Even getting back 10 cents to 1 RM is palatable to the banks.

Restructuring dont need to appoint PWC .. hahaha

Posted by superrr > 2022-04-29 15:18 | Report Abuse

Kacang hitam Putih, this is non of Political parties business, Karam been done all the wrong things and cos all ikan bilis lost $. he is waiting to be punished..

Posted by RexKing > 2022-04-29 15:32 | Report Abuse

If SD dare enough just sue all those creditors for filling winding up petition against it and we will say SD is our hero company.. Since SD job is not saving the company itself only sue here and there buying some time even regulators SC also can sue..

Posted by Jokers2020 > 2022-04-29 17:28 | Report Abuse

SD will start saying those creditors are like Ah Long...

Posted by superrr > 2022-04-29 17:29 | Report Abuse

Yeah sue all, later can't pay the lawyers fees and get sue buy lawyers.....hihi..

Posted by 8dragon > 2022-04-29 17:31 | Report Abuse

There's no more light at the end of the tunnel... SD considered bankrup counter already....

Posted by wongchin > 2022-04-29 17:35 | Report Abuse

Those 4 director fine by SC is shevering now as banker already issue liquadate notice. Banker if found out the asset is nt worth as reported in annual report. Than banker might sue the 4 director. Its a long long saga. Minority share holder got toilet paper only.

Posted by MiaoMiao7 > 2022-04-29 17:45 | Report Abuse

Yes, banker will start civil case against the directors. But civil case no jail term, only compensation to the banks. Means one way or the other, karim and gang have to repay back what they owe to the banks. Essentially bankrupt.

I wont be surprise if Serba or Karim go sue the banks. Will do anything to stop the banks from taking over and release the ffu

Posted by SHQuah > 2022-04-29 17:45 | Report Abuse

Pity the employees of SD. They have a very sad Hari Raya Puasa because they know there are going to lose their job. No thanks to Karim.

Posted by BobAxelrod > 2022-04-29 17:49 | Report Abuse

You really think they have more than 1500 employees on their payroll????

Posted by izoklse > 2022-04-29 18:02 | Report Abuse

Three more top officials leave SC
https://www.theedgemarkets.com/article/three-more-top-officials-leave-sc

Hahaha ADIOS from SC. Padan muka.

Posted by TreeTopView > 2022-04-29 18:04 | Report Abuse

A bit of Friday night humour, trying to delve into the mind of PearlWhite.

Please don't click the link if you are offended by an animated pig.

PearlWhite claims...."It's still good....it's still good"

https://www.youtube.com/watch?v=spqDzX7UDIA

Posted by i3lurker > 2022-04-29 18:08 | Report Abuse

aliens did not build the pyramids?

I am shocked

Posted by ken2004 > 2022-04-29 18:29 | Report Abuse

Then owe 1.7++ billion but only have around 150 million++, so all can expect total loss, anyway, it is not about delisting or not anymore, it is about bankruptcy already....

Posted by ken2004 > 2022-04-29 18:32 | Report Abuse

Kumpulan Wang Persaraan (Diperbadankan) atau KWAP bukan lagi pemegang saham kumpulan perkhidmatan minyak dan gas yang berdepan masalah, Serba Dinamik Holdings Bhd.
"KWAP telah melepaskan seluruh pegangannya dalam Serba Dinamik dan bukan lagi pemegang saham," kata dana pencen itu dalam satu kenyataan hari ini.

This is another weird news as where did all the shares go then as they hold such a large amount of share, any sales or transfer of shares should be reported to bursa, how on earth they can sell off them without anyone knowing......

Posted by piranha88 > 2022-04-29 18:38 | Report Abuse

I share the same view as you, TreeTopView.
@ TreeTopView
I'm speculating that senior SC execs are now drawing a line in the sand to state they are totally disgusted with what has been directed by the AG. Just my opinion.

Posted by TreeTopView > 2022-04-29 18:51 | Report Abuse

ken2004 . from memory KWAP were reporting their sales until they reached their 5% holding. Once they went below the 5% threshold they no longer need to report any selling.
I hope that helps.

Posted by MiaoMiao7 > 2022-04-29 18:53 | Report Abuse

ken2004

Where the shares went to? All thanks to Karim telling retailers it is BAU and Serba did nothing wrong, thus making many retailers to average down and some retailers to go buy thinking this is a once in a lifetime opportunity.

Look at the annual report, Serba has 64,000 retail investors after the KPMG thing, before that got 14,000 retail investors. Traders, gamblers, retail investors all bought up EPF, KWAP shares, thanks to Karim.

Posted by Chinjason > 2022-04-29 18:54 | Report Abuse

resumption of trading date 9 May 22

Posted by Chinjason > 2022-04-29 18:54 | Report Abuse

limit up

Posted by OrlandoOilSemiconIoT > 2022-04-29 18:58 | Report Abuse

TOLD U FFU FINDINGS ANNOUNCEMENT HAS BEEN MADE!!!!!


SERBADK - RESUMPTION OF TRADING
SERBADK-C26: CW SERBA DINAMIK HOLDINGS BERHAD (MIBB)

Reference is made to the Listing Circular by Bursa Malaysia Securities Berhad (“Bursa Securities”) dated 27 October 2021 on the suspension of trading in SERBADK’s securities arising from SERBADK’s failure to comply with Bursa Securities’ directive to make an announcement on the findings from the Factual Findings Update (“FFU”) on the Special Independent Review (“Directive”).



As SERBADK had in its announcement dated 21 April 2022 announced, among others, the findings from the FFU in compliance with the Directive, kindly be advised that trading in SERBADK’s securities will resume with effect from 9.00 a.m., Monday, 9 May 2022. Accordingly, trading in the structured warrants relating to SERBADK will also resume at the same time.


Announcement Info

Posted by dompeilee > 2022-04-29 19:00 | Report Abuse

KARAM ada chance to GET OUT.....Bursa is mad...just like how they let China Automobile Parts re-list even though insolvent lol

Posted by MiaoMiao7 > 2022-04-29 19:00 | Report Abuse

9th May limit down 30 cents. Good luck boys.

Posted by joyvest > 2022-04-29 19:01 | Report Abuse

Hi

Posted by TreeTopView > 2022-04-29 19:03 | Report Abuse

hi MiaoMiao7, I think it's fair to say that anyone who bought after the red flags were raised in May last year and deciding to hold the stock were taking a very big gamble. It's akin to placing a bet on red or black on the roulette table at a casino.

Some you win, some you lose.......a pure gamble......and certainly has nothing to do with long term investing.
At this point in time it looks like the gamble didn't pay off for many but they should have been well aware of the risks as it was very public knowledge.

I genuinely HATE to see people lose money, however those who bought after May 2021 should be well aware of those risks.

Posted by OrlandoOilSemiconIoT > 2022-04-29 19:03 | Report Abuse

Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BHD

 Apr 23, 2022 1:41 PM | Report Abuse 

SC told SD it can state
its disagreements to d FFU findings in its FFU announcement

So SD has done tat

SD stated its disagreements oso quantified the FFU findings net impact as not much

Now ball wit SC n Bursa

Posted by joyvest > 2022-04-29 19:04 | Report Abuse

Is the exit of the senior personnel of SC under protest of disagreement with AGC for the recent compound or otherwise?

Can someone out there shed some light?

Posted by OrlandoOilSemiconIoT > 2022-04-29 19:05 | Report Abuse

THIS POINT IS NOT DISPUTED BY SC OR BURSA

SD stated its disagreements oso quantified the FFU findings net impact as not much

Now ball wit SC n Bursa

Posted by TreeTopView > 2022-04-29 19:08 | Report Abuse

lol....what a shambles.

Posted by OrlandoOilSemiconIoT > 2022-04-29 19:10 | Report Abuse

A holistic solution involving Sarawak government PETRONAS PNB KHAZANAH MARA etc on the way?

Posted by OrlandoOilSemiconIoT > 2022-04-29 19:11 | Report Abuse

THIS POINT IS NOT DISPUTED BY SC OR BURSA

...... oso quantified the FFU findings net impact as not much

Posted by Haru_Joy > 2022-04-29 19:11 | Report Abuse

Trading suspension uplift on 09/05.

Posted by OrlandoOilSemiconIoT > 2022-04-29 19:13 | Report Abuse

All those smart M O R O O N llike know all u r so smart tell la what is net impact!!

Posted by OrlandoOilSemiconIoT > 2022-04-29 19:15 | Report Abuse

HOLISTIC

See way to the end solution

there is secret plan to revive SD....

Posted by Haru_Joy > 2022-04-29 19:18 | Report Abuse

Good progress SB.

Posted by OrlandoOilSemiconIoT > 2022-04-29 19:25 | Report Abuse

Rightly or wrongly cannot deny the invisible hand is powerful

SD wil rise again

SD will rise again with or without K