Posted by Vicky > 2022-07-25 10:27 | Report Abuse

Time to fly. Wakanda forever ! Go serba

Posted by Mabel > 2022-07-25 10:43 | Report Abuse

Huat Chaii!

Posted by Mabel > 2022-07-25 10:44 | Report Abuse

Haha so nice...9 sen oledi today...

Uncle swing wrong direction ke?

Posted by Mabel > 2022-07-25 10:48 | Report Abuse

Haha Huang Cap Ayam KPGG MS reporting gibberish data...

You baru main share ke?

Assuming you are right, EPF and KWAP will always be in and out. They follow Mabel, smart investors. Once PN17 is out they will cum running back..

Anyway despite Bursa still having period, Mabel's SD so steady..

Fly Fly Fly SD..

Posted by Mabel > 2022-07-25 10:51 | Report Abuse

Anyway, Mabel's Paid Wall Street are more down to earth than Huang FOC Cap Ayam MS. Very easy to use..

Only smart investor can afford to invest on quality subscriptions..

Meow Meow Meow

Posted by BobAxelrod > 2022-07-25 11:21 |

Post removed.Why?

Posted by paulthesotong > 2022-07-25 11:21 | Report Abuse

Almost High Noon at Section 15 Shah Alam...any on SoA?

Posted by Mabel > 2022-07-25 11:37 | Report Abuse

Haha Uncles collect ke?

For SD, Mabel very Goyang Kaki..Got Free Warrants mah..

Mabel now busy collecting SE...

Meow

Stock: [SAPNRG]: SAPURA ENERGY BHD

Jul 25, 2022 11:18 AM | Report Abuse

Directors Share Purchases (Beta)

DATO' SHAHRIMAN BIN SHAMSUDDIN added 19047600.0 units announced on 28 Oct 2021 at ~RM0.1

DATUK IAIN JOHN LO added 50000.0 units announced on 16 Aug 2021 at ~RM0.13

TAN SRI DATO' MEGAT ZAHARUDDIN BIN MEGAT MOHD NOR added 500000.0 units announced on 23 Sep 2020 at ~RM0.115

DATUK MOHD ANUAR BIN TAIB added 800000.0 units announced on 22 Sep 2020 at ~RM0.115

TAN SRI DATO' SERI SHAMSUL AZHAR BIN ABBAS added 2994700.0 units announced on 09 Sep 2020 at ~RM0.095

Looks all the Insiders are buying much more than Mabel's average cost...

Like that Mabel will continue at 4 sen...
Like that Mabel will continue at 3.5 sen...
Like that Mabel will continue at 3 sen...
Like that Mabel will continue at 2.5 sen...
Like that Mabel will continue at 2 sen...
Like that Mabel will continue at 1.5 sen...
Like that Mabel will continue at 1 sen....

Please help Mabel ya...Sell to Mabel ...

One day don't be surprise to see Mabel signing off with

Tan Sri Mabel Meow

Posted by Mabel > 2022-07-25 11:47 | Report Abuse

Compare to SD, SE has issues 16 billion shares. So it's not easy to move this Big Battleship..

Mabel Serba Interceptor on the other hand has only issue 3.7 billion shares which is 1/4 of Sapnrg. It's the Fastest ship in the Caribbean. The only Battleship than can beat Interceptor is Armada Black Pearls...This is highly speculative stocks. Both SE and SD are PN17. These Battleships does not follow Warren Buffet investment selection criteria.

Mabel is using the cigar butt strategy to invest in these two Battleship. It can be a multibagger just like what happen to Barakah previously where Mabel locked in 800% Profits.

Captain Mabel Meow

Posted by sailang_now > 2022-07-25 12:55 | Report Abuse

Forum community service...Guys you can actually subscribe to Simply Wall St on your own for latest shareholders information on Serbadk...the first 5 reports are FOC. Only the 6th report onwards are charged...

Posted by paulthesotong > 2022-07-25 13:50 | Report Abuse

Creditors yes or no on SoA?

Posted by Huangbk72 > 2022-07-25 17:23 | Report Abuse

Come Come... get your popcorn ready..

Hopefully firework show starts on time 29th July....

I really hope SD can post good results.. hahhahaa

Posted by BobAxelrod > 2022-07-25 17:56 |

Post removed.Why?

Posted by BobAxelrod > 2022-07-25 18:10 |

Post removed.Why?

Posted by HolyMoly > 2022-07-25 19:13 | Report Abuse

We refer to the Company’s announcements on 18 May 2022, 3 June 2022, 9 June 2022 and 30 June 2022. Unless indicated otherwise, all terms and expression used herein shall have the meaning assigned them under those announcements.
The Board of Directors of Serba Dinamik Holdings Berhad ("Serba" or the "Company") is pleased to announce that resolutions set out in the following notices of Court Convened Meeting of the following Scheme Companies were duly passed by the Scheme Creditors by way of poll:
(a) notice of meeting dated 30 June 2022 of Serba Dinamik Holdings Berhad;
(b) notice of meeting dated 30 June 2022 of Serba Dinamik Group Berhad;
(c) notice of meeting dated 30 June 2022 of Serba Dinamik Sdn Bhd;
(d) notice of meeting dated 30 June 2022 of Serba Dinamik Development Sdn Bhd; and
(e) notice of meeting dated 30 June 2022 of SD Controls Sdn Bhd.
The results of the poll were verified by the Sky Corporate Services Sdn Bhd, the Independent Scrutineer appointed by the Scheme Companies. A copy of the polling results is attached for reference.
This announcement is dated 25 July 2022.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3278283

Posted by 8899EL8899 > 2022-07-25 19:32 | Report Abuse

time is ticking,......serbadk is being chained up.,......can this corporate magician pak karim set it free,.......or he make himself disappear,.........

Posted by zoizai > 2022-07-25 19:35 | Report Abuse

Serbadk masih ada lagi ?

Posted by zoizai > 2022-07-25 19:36 | Report Abuse

Ini shoplot company bila Mau bankrupt. Syarikat shoplot bumiputera Yang menipu

Posted by Chinjason > 2022-07-25 20:24 | Report Abuse

the 2 companies in India have got buyer or not ?

Posted by InvestorKING > 2022-07-25 20:36 | Report Abuse

Tomorrow fly high?

Posted by Mabel > 2022-07-25 20:40 | Report Abuse

Thanks HolyMoly...

Looks smooth sailing as the The Board of Directors of Serba Dinamik Holdings Berhad ("Serba" or the "Company") is pleased to announce that resolutions set out in the following notices of Court Convened Meeting of the following Scheme Companies were duly passed by the Scheme Creditors by way of poll:

(a) notice of meeting dated 30 June 2022 of Serba Dinamik Holdings Berhad;
(b) notice of meeting dated 30 June 2022 of Serba Dinamik Group Berhad;
(c) notice of meeting dated 30 June 2022 of Serba Dinamik Sdn Bhd;
(d) notice of meeting dated 30 June 2022 of Serba Dinamik Development Sdn Bhd; and
(e) notice of meeting dated 30 June 2022 of SD Controls Sdn Bhd.

Unanimously Vote In Favour - Smooth Sailing Mah..

Meow

Posted by paulthesotong > 2022-07-25 20:55 | Report Abuse

Definitely it's going to restruture..End of day it will pay back it's creditors, suppliers,employees.all it's sellable assets are to be sold.. what left for shareholders are zero value..

Posted by paulthesotong > 2022-07-25 21:04 | Report Abuse

More likely a submarine than a battle ship,!!!

Posted by paulthesotong > 2022-07-25 21:23 | Report Abuse

SD is dying.. A fact.. The last attempt to stay in power for last few month is clear..

Posted by IdleMoney66 > 2022-07-25 22:27 | Report Abuse

Thanks Mabel for the information.

Lets happy invest and growth our Wealth in Serba

Posted by Mabel > 2022-07-25 22:40 | Report Abuse

#IdleMoney66 Thanks Mabel for the information.

Lets happy invest and growth our Wealth in Serba
25/07/2022 10:27 PM

Cheers IdleMoney66!

Huat Chaii!

Posted by Mabel > 2022-07-25 22:41 | Report Abuse

BobAxelrod Longkang cat all out of breath.....everyday cut and paste thrash and blow too much. She's the best of the best at blow jobs, blow water, blow farts, blow balloons and blow man.

No matter what she does, she has already failed and lost her fortune in SD SAP, Parkson, Dnex and KNM.. Caught SD at 1.60 and average all the way to 12c........died kaw kaw........Now shouting for SD to go up few % nyah, also so difficult........how to even recover 10c.......5c bolih tak???
25/07/2022 6:10 PM

OU are talking about you ke? Mabel Good Gal give advice mah..pity you for losing so much in Hibi, SD, TG and KNM..

Meow

Stock: [SAPNRG]: SAPURA ENERGY BHD

Jun 27, 2022 11:44 AM | Report Abuse

#Mikecyc Haha why is kon Bobb leh :

1.) Use many aka id to promote stock : Trevor777 , Trevor888 , Dr Michael

2.) Used id image to Axe Capital CEO Billionaire BobbyAxelrod and New Boss Michael .

3.) posted in SD said will not recommend his best stock but is used so many aka id to promote stock .

4.) When ppl made a query on his promoted stock with Trading Software , replied is Dumb lah , Kid lah , n further with Suckk yr momm milk lah :

<Why don't they call for selling ALL at RM4.00 ? Are their algo trading software always that accurate.
Even in this counter as the shares have been speculated with huge increase hence their algo trading margin of error is small.

I only question him what wrong with TP RM2 .
Please explain?

Posted by HolyMoly > 2022-07-25 23:03 | Report Abuse

Creditors vote in favour of Serba Dinamik's scheme of arrangement

KUALA LUMPUR (July 25): Serba Dinamik Holdings Bhd said its creditors have approved the scheme of arrangement proposed by the group and its four subsidiaries, with between 83% and 100% creditors voting in support of it.

The group itself garnered 95.74% support from its creditors, while its subsidiaries Serba Dinamik Group Bhd (SDGB) received 100%, Serba Dinamik Sdn Bhd (SDSB) received 99.21%, SD Controls Sdn Bhd received 86.43% and Serba Dinamik Development Sdn Bhd (SDDSB) secured 83%.

The voting was held at a court convened meeting at the Ideal City Convention Centre, Shah Alam, on Monday morning (July 25).

A source familiar with the matter told The Edge that the scheme of arrangement will proceed as more than 75% votes from its creditors were received.

It is understood that under the scheme of arrangement, creditors will get 15% of what is owed by Serba Dinamik, SDGB and SDSB, with the balance to be worked out in another scheme of arrangement possibly by the end of the year.

“The balance 85% of the outstanding debts shall be dealt with in subsequent schemes as more assets are sold by entities within Serba Dinamik and other cash flow sources arising from existing and new businesses from within the Serba Dinamik group,” the scheme of arrangement sighted by The Edge stated.

The other two companies, SD Controls and SDDSB, will fully repay their debts, according to the scheme.

SD Controls, SDDSB and SDSB are subsidiaries of SDGB, which is in turn a subsidiary of Serba Dinamik.

It was reported last month that the creditors had reached a settlement with Serba Dinamik with the scheme of arrangement and would hold their applications for a winding-up petition against Serba Dinamik and its subsidiaries, provided the companies do not default on the payment of debts, as proposed under the scheme. This resulted in a consent order being recorded at the High Court when the application for the scheme of arrangement came up for hearing before Justice Atan Mustaffa Yussof Ahmad.

The lenders — comprising six syndicated and bilateral lenders, namely HSBC Amanah Malaysia Bhd, Ambank Islamic Bhd, Bank Islam Malaysia Bhd, MIDF Amanah Investment Bank Bhd, Standard Chartered Saadiq Bhd and United Overseas Bank (Malaysia) Bhd — had filed the winding-up petition against the companies in April after they failed to service their RM1.2 billion syndicated term financing.

Subsequently, Serba Dinamik and its subsidiaries filed for a restraining order against the creditors and proposed the scheme of arrangement in June to restructure the group's debt obligations, which proposed "a 100% return to the company's creditors". At that time, the group said it had identified "some assets for immediate sale" to generate the cash flow required to meet the group's liabilities.

Serba Dinamik is also facing another suit by Malaysian Trustees Bhd, the trustee of Serba Dinamik’s RM100 million Islamic Commercial Papers (ICP), which the company had defaulted on. The papers are being held by Amanahraya Investment Management Sdn Bhd (ARIM), a wholly-owned unit of Amanah Raya Bhd.

In April, the group, alongside four senior company officials were fined a total of RM16 million for submitting false statements regarding its RM6.01 billion revenue in the 12-month period ended Dec 31, 2020 (FY2020)

Shares of Serba Dinamik rose half a sen or 6.25% to settle at 8.5 sen on Monday, giving the group a market capitalisation of RM316.81 million.

https://www.theedgemarkets.com/article/creditors-vote-favour-serba-dinamiks-scheme-arrangement

Posted by InsiderShark > 2022-07-26 00:00 | Report Abuse

Sell on news. Tomorrow down?

Posted by bullmarket1628 > 2022-07-26 07:28 |

Post removed.Why?

Posted by Vicky > 2022-07-26 07:31 | Report Abuse

The agreement to arrange settlement of debts with creditors is a step forward for Serba and towards PN17 exemption soon.

Posted by Huangbk72 > 2022-07-26 08:27 | Report Abuse

PN 17 is not due to debt la

It’s due to fraud accounting

New Auditor to do SIR still not appointed to till today cos no one wants this job

How to get out PN17? Get Ah Kow and Ali Accounting Services PLT to do ? Hahhaha

Posted by Huangbk72 > 2022-07-26 08:31 | Report Abuse

Right Bob

Not sure if SD has profit from business. Personally I think loss.

But sure will see big impairment or write off this Q.

Posted by paulthesotong > 2022-07-26 08:53 | Report Abuse

gazillion of debts!!!

Posted by Michael R. > 2022-07-26 09:03 | Report Abuse

At least next QR profit big...

Posted by Michael R. > 2022-07-26 09:04 | Report Abuse

Swing Time..

Posted by PepGuardiola > 2022-07-26 09:04 | Report Abuse

All the naysayers especially HuangBk can keep quiet from now on. Don't tokok too much. Thanks and Have A Nice Day.

Posted by PepGuardiola > 2022-07-26 09:04 | Report Abuse

Congrats Mabel

Posted by nicholas99 > 2022-07-26 09:18 | Report Abuse

weak technical rebound.

Posted by Michael R. > 2022-07-26 09:27 | Report Abuse

Hmmm... bought 0.08 sold 0.09... still good what...

Posted by Michael R. > 2022-07-26 09:33 | Report Abuse

The news on credits issues is out... Big bosses likely to buy if they confident SD set to sail from now on...

Posted by HaroldHuong > 2022-07-26 09:36 | Report Abuse

Yes, bought 0.07-0.08, sold 0.09-0.10 still good luck

Posted by Mabel > 2022-07-26 11:21 | Report Abuse

PepGuardiola Congrats Mabel
26/07/2022 9:04 AM

Cheers PepGuardiola and Supporters!

No Haircuts are required to the lenders — comprising six syndicated and bilateral lenders, namely HSBC Amanah Malaysia Bhd, Ambank Islamic Bhd, Bank Islam Malaysia Bhd, MIDF Amanah Investment Bank Bhd, Standard Chartered Saadiq Bhd and United Overseas Bank (Malaysia) Bhd..

This latest agreement to arrange settlement of debts with creditors is a step forward for Serba and towards PN17 exemption soon. Hope all Naysayers Uncles and Aunties are put to rest and Congrats to those that has capitalised on this news..

Like Mabel shared many times, you need to give 2-3 years. This is highly speculative Battleship. Both SE and SD are PN17. These counters does not follow Warren Buffet investment selection criteria. Mabel is using the cigar butt strategy to invest in these two Battleship. It can be a multibagger just like what happen to Barakah previously where Mabel locked in 800% Profits. Buy what pleases you!

To Our Success !

Meow Meow Meow

Posted by happy888 > 2022-07-26 11:25 | Report Abuse

Credits must be given where credits are due.
Anyone think the 6 bankers would accept the scheme of arrangement without doing due diligence?
These bankers do not just come with lawyer but also with accountants and risk management team. Passing all the schemes with minimally 83% is not an easy task.
One cannot just talk their way out with bankers.
In simple terms, bankers would definitely ask SD to "show me your money".

Serba is yet out of the wood but this is a very important step in the right compass direction towards exiting the woods that they were thrown into.

Posted by InsiderShark > 2022-07-26 11:42 | Report Abuse

happy888, what has the bankers got to lose by waiting? If they force it upon Serba now, they lose everything, but by waiting, maybe karim can deliver and they get back everything. I bet one of the T&C is no sales of asset without their approval. Thus, the bankers got nothing more to lose by waiting, and if karim fails to deliver, they will just continue with the court case.

Posted by happy888 > 2022-07-26 11:49 | Report Abuse

InsiderShark, imagine if bankers reject all serba SoA.
Would it be better or worse for Serba?
If the SoA is ridiculous to the extent of non feasible, can the bankers accept it?
Accepting it is a big responsibility that they have to convey back to the board of directors especially HSBC on why they are accepting it.

Posted by Mabel > 2022-07-26 12:11 | Report Abuse

Guys,

How does Air Asia did it?

Meow

Posted by Apple2353 > 2022-07-26 12:20 | Report Abuse

SD is definitely not out of the woods yet but at least they are trying. that is positive news for those who at holding at high price

Posted by paulthesotong > 2022-07-26 12:27 | Report Abuse

Wow registered creditors rm6.3+ billion.. how much interest to pay for 1 year?

Posted by joyvest > 2022-07-26 12:48 | Report Abuse

Dont count the cocks before they are hatched but what is encouraging now is the emergence of the gleam of dim light from the long dark tunnel. How long can the gleam of dim light last remains to be seen. Time can heal but time can also kill................