Any idea how the investor can recover the loss due to the company & the management falsified the Quarter/ Annual Report ? Or we can just watching the Malaysia Gov imposed a little fine toward the management and let them siphon the money and walk away ?
revisit this Serbak Tak jadi.. during their heyday.. i keep reminding people about the Director scam using warrant instrument... keep on issuing millions of warrant to himself ..but than, every week cashing on it !! modus operandi .. claiming got billion dollar project, where else? ..non other than in the middle-east !!.. (sounds familiar eh? ..hehe). It seems that.. all the kon-man keep on using middle-east project to skem people.. Serba tak Jadi, Sapula, and latest.. i would expect Sendu.
There will be more than 10 people filed police reports this weeks against due to delisting of this counter on June 5, they demand that Karim is the culprits on duping them to invest in Serba, if you are those that lose your money in serba , it's best for you to do so too...Filed a report and punish the board of directors and Mr.karim all together
Public Bank Bhd faced monetary losses related to its involvement with Serba Dinamik Holdings Bhd due to defaults on multiple financing facilities. Specifically, Serba Dinamik defaulted on several loans, with the Public Islamic Bank Bhd (PIBB) alone reporting unpaid debts amounting to RM14.1 million as of early 2023. As a result, Public Bank initiated legal proceedings to auction off several properties of Serba Dinamik to recover these debts. The properties were valued at RM14.63 million, and orders for their sale were obtained in April and June 2023
Posted by TheGardener > 5 hours ago |
....... Did you all know "Public Bank Fund" lost until..........please!?
Another Bumi company success in delisting. That's why I very very hesitant to invest in Bumi companies. VERY VERY RISKY. This one joins Sumatec in Devy Jones Locker. RIP. I also lost money in Sumatec, the first Bumi company stock that I owned - sorry to bilis if they badly burned as well. Next time don't blindly follow 'Bumi this Bumi that'. Sometimes your greatest enemy is your own kind. Peace
this is really sad... after what the owners have done.. kena quick slap on the hand saje. and now bursa delist, close case. life goes one.. la la la. but what about the public's money??
Serba Dinamik Holdings Bhd will be removed from the Official List of Bursa Malaysia Securities Bhd effective June 5 ..... finally Drama Minggu Ini comes to an end, wonder how bursa and SC can allow this to happen.... fraudulent activities from left right, where even the auditors were not spared.... and the guilty walks free with a slap on the wrist... :-(
at its height dato karim owned about 772m shares in SD, and it was priced at RM1.80 just before KPMG issued the disclaimer... thats RM1.4billion !!! later on DK sold or was forced-sold about 5.15millin shares at 15c each..... a whopping drop in value by 92% !!! Yet this sale netted him 5.15m x RM0.15 = RM772,500..... at least still money, today whats the share worth ???
Have you ever come across any company which has been delisted returns like the empire strikes back ? SD is notorious due to its false accounting akin to the collapse of Enron in US.
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....
zoizai
1,501 posts
Posted by zoizai > 2024-05-24 19:16 | Report Abuse
Duit billion billion masuk account Middle East. Di bumi tanah melayu bankrupt Saja company tak kisah pun. Janji duit Sampai Dubai