Pls understand what is circumstantial evidence in civil cases. Almost all conviction is based on this.
Dont simply tembak.. hahahaah
Really weird mindset of promoters.
Haru_Joy
SC provide only Circumstantial evidence is proof of a fact or set of facts from which one could infer the fact in question. For example, that a suspect is seen running away from a murder scene with a weapon in hand is circumstantial evidence he committed the murder. This contrasts with direct evidence, which directly proves the fact in question.
Testimony can be direct evidence or it can be circumstantial. For example, a witness saying that she saw a defendant stab a victim is providing direct evidence. By contrast, a witness saying that she saw a defendant enter a house, heard screaming, and saw the defendant leave with a bloody knife is circumstantial evidence. It is the need for inference, and not the obviousness of the fact inferred, that determines whether evidence is circumstantial.
Forensic evidence supplied by an expert witness is usually treated as circumstantial evidence. For example, a forensic scientist or forensic engineer may provide results of tests indicating that bullets were fired from a defendant's gun, or that a car was traveling over the speed limit, but not necessarily that the defendant fired the gun or was driving the car.
i3lurker Testimony can be direct evidence or it can be circumstantial. For example, a witness saying that she saw a defendant stab a victim is providing direct evidence. By contrast, a witness saying that she saw a defendant enter a house, heard screaming, and saw the defendant leave with a bloody knife is circumstantial evidence. It is the need for inference, and not the obviousness of the fact inferred, that determines whether evidence is circumstantial.
Forensic evidence supplied by an expert witness is usually treated as circumstantial evidence. For example, a forensic scientist or forensic engineer may provide results of tests indicating that bullets were fired from a defendant's gun, or that a car was traveling over the speed limit, but not necessarily that the defendant fired the gun or was driving the car.
From billions revenue drop till millions revenue, from RM1.60++ crash till 0.35, then suspend till trading again, crashing to 0.10++, tell us how many cash burn here? millions? even billions from those fund holders like KWAP? Economic consequences? Means all those big company major shareholders all can have same impact to economy will have this same decision later? can we scold those so busybody to make till so formal, close one eye can already right then price won't crash right? why so troublesome do all this?
The fraud was done by Aliens from Mars masquerading as Serba Directors.
Thats because Mars aliens are jealous of Serba space technology ie their quantum wave antimatter fusion gravity tachyon bionic organic recyclable renewable disposable deep space inter-galactic inter-universe star engine made from palm oil kernel.
the bonds were also borrowed by Mars Aliens so Serba does not need to repay it.
=> QED
Huangbk72
Throwing all conspiracy theories won’t settle SD problems.
They just need to solve: 1) Fraud accounting 2) Debts and bonds payment
The justification for compounds given by the AGC is preposterous.
1. “The impact of the charges on Serba Dinamik is disproportionate with the severity of the alleged offences committed,” opined the AGC.
The alleged offence Commited was too material that the true and fair views of the audited accounts were severely distorted to mislead and misrepresent the shareholders and investors by and large
2.“As at the date of this media release, Serba Dinamik is facing winding up petitions from creditors which jeopardise the livelihood of its employees and the interest of shareholders and other creditors.”
Is AGC insinuating that the secured creditors have no right to protect their positions by petitioning for winding up in the event of default ? The alleged offence had been perpetrated by the Top Management through no fault of the secured creditors,other creditors ,employees and other shareholders. Dr.K and his gang were the mastermindsof this fraudulent activities and should be charged to face the music.under the criminal breach of trust.
Where is the justice in the interest of all parties concerned?
hahahah let us enjoy the movie. SD basher curse AG until no tomorrow. The title would be " OPSSS...MAK TERJUAL NYAH" NYAMPAH AG NI TAU. JAHAT JAHAT JAHAT. hahahahahahahha
Woi ko kutuk bertahun pun AG dah buat keputusan,,,,,and SD pun dah bayar compound, Hhahahahah. Lawak betul la. Hah meh aku kasi simple statement. Lu SD tutup Buku Lama Bukak Buku baru . Cari jalan kasi jalan you punya company elok elok. Lu takda susah, wa takda susah semua pun senang senang ma.
#piranha88 The AG might as well have said "I am excercising my discretion and nobody shall question my discretion". Period. No explanation required 13/05/2022 11:12 PM
Yes Lah..
AG was thinking like an Investor, he is more forward looking...
It's just like comparing Snow White and the 7 Dwarfs...
Simple FFU also they can conceal even at the contempt of court filing.... just accept that ‘Malaysia boleh theme la...later they push it back up .... everyone happy....
"in light of the evidence in support of the charges and to avoid a long and protracted trial" - our AG thinks a long protracted trial is more important than pursuing a fair judgement ?
""Furthermore, Serba Dinamik and the said executives were willing to accept the maximum amount of compound imposable by the SC," - So a criminal can decide the punishment themselves.. he even uses the word "Furthermore".. WTF. Shame on you AG. We don't need you screw the legal system !
Serba Dinamik Holdings Bhd co-founder Datuk Awang Daud Awang Putera has disposed of his remaining stake in the oil and gas service provider, which has fallen into PN17 status.
Semua sampah diberikan kpd pembeli oleh pengasas :)
KUALA LUMPUR (May 13): Serba Dinamik Holdings Bhd co-founder Datuk Awang Daud Awang Putera has disposed of his remaining stake in the oil and gas service provider, which has fallen into PN17 status.
Awang Daud sold 9.9 million Serba Dinamik shares, or a 0.267% stake, for 10 sen apiece in open market transactions.
On the back-of-envelope-calculation, this translates into RM990,400, when the transaction took place on May 13.
Awang Daud started trimming his shareholding in June last year after Serba Dinamik’s external auditor KPMG flagged audit discrepancies, on May 25, last year. He reduced his stake to 1.8% from 2.24% after he sold 8.5 million shares in June.
Following that, he continued cutting down his stake in the company due to margin calls and forced selling as Serba Dinamik’s share price had been on the downhill due to audit issues.
Serba Dinamik, its group chief executive officer and group managing director Datuk Dr Mohd Abdul Karim Abdullah, executive director Datuk Syed Nazim Syed Faisal, chief financial officer Azhan Azmi and vice president of accounts and finance Muhammad Hafiz Othman were charged under Section 369(a)(B) of the Capital Markets and Services Act for submitting a false statement involving revenue of RM6.01 billion for its financial period ended Dec 31, 2020.
However, the Attorney General's Chambers (AGC) decided to accept the representations from Serba Dinamik and its executives, which led to the Securities Commission Malaysia’s (SC) move to compound the accused parties.
After paying the RM16 million total in compounds issued by the SC earlier this week, Serba Dinamik and its four top executives were given a discharge and acquittal on May 13, one year after its audit disputes were brought to daylight.
Trading in Serba Dinamik resumed on Monday this week after it was suspended by Bursa Malaysia because of its refusal to comply with a bourse directive to release a factual finding update (FFU) of the special independent review (SIR) conducted by Ernst & Young Consulting Sdn Bhd (EY Consulting).
The stock price dived to an all-time low of six sen before it ended the week at 12 sen. Over the last five trading days, the stock has plunged 65.7% or 23 sen. The counter was last traded at RM1.61 the day before KPMG raised the red flag on accounts.
If Serbadk go burst then authority still can charge the directors under “criminal breach of trust” for siphoning out company money thro' fictitious customers and suppliers.
CBT Penal Codes
405. Whoever, being in any manner entrusted with property, or with any dominion over property either solely or jointly with any other person dishonestly misappropriates, or converts to his own use, that property, or dishonestly uses or disposes of that property in violation of any direction of law prescribing the mode in which such trust is to be discharged, or of any legal contract, express or implied, which he has made touching the discharge of such trust, or wilfully suffers any other person so to do, commits “criminal breach of trust”.
406. Whoever commits criminal breach of trust shall be punished with imprisonment for a term *not exceeding ten years and with whipping, and shall also be liable to fine.
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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 > 2022-05-13 20:48 | Report Abuse
Pls understand what is circumstantial evidence in civil cases. Almost all conviction is based on this.
Dont simply tembak.. hahahaah
Really weird mindset of promoters.
Haru_Joy
SC provide only Circumstantial evidence is proof of a fact or set of facts from which one could infer the fact in question. For example, that a suspect is seen running away from a murder scene with a weapon in hand is circumstantial evidence he committed the murder. This contrasts with direct evidence, which directly proves the fact in question.
SC very drama...