Even though SIR is incomplete, those information should share with shareowner, this is responsibility of a public listed company.

Which scope has complete which is not and due to what, nothing to hide and not business secret...just verify the transaction, supplier and customer...who are there and are those transaction legal.. after 4 month nothing can share...

Huangbk72 No SIR no trading....

To Bursa, the SIR is 100% completed and ready to be published.
To SD, findings are inconclusive.
"Berani kerana benar, takut kerana salah"
Lets continue to see who will blink first.
https://www.theedgemarkets.com/article/bursa-announces-continued-suspe...
Lesson.. never fight Bursa, tofu ship cannot hit brick wall.

Nikmon Haha, call buy from 80srn, 60sen, 40sen, now 20 sen

So this smart investor like to catch dead cat bounce...so cheap...

ǷearlꙌhite .
SCIB at 20sen can start buy ady.

.
27/10/2021 12:33 PM
27/10/2021 1:21 PM

Hopefully the easing of standard operating procedures on Covid-19 restrictions in different countries can help to expedite the verification process. It depends on agreement or cooperation of all parties involved,” he told

Still blame covid for delay of SIR.....such a simple task, their laywer has fly to settle his kids education, out exPM fly soon to see his grand children, your SIR still stuck due to covid ...

Don't know how to release progress update, cant push to complete SIR, but sold your warrant 4 million very fast....lol.....only thing you know is 'hope'.........can this kind of CEO run public listed company, after 4-5 months 150 days, your SIR still stuck.....the only thing you know is 'hope'........haha

Just waiting when SC will act and make any announcement.....still waiting...

Pity E&Y, if they can't find and verify the transaction, but result still rejected not sure what E&Y can do....

taco89 @nikmon
Unlikely EY will stop verify as they also report to SC/Bursa. SC involved since June.
Nothing serbadk can do to change the outcome.
Probably bigger issues than the outcome of SIR.
26/10/2021 6:11 PM

Sound familiar with KPMG, serbak know what they want, but Auditor can't give them, first round KPMG gave up and make report

Now is E&Y, serbak know what they want, but E&Y can't give them..the different is SD emphasize E&Y can't report to authority, I guess E&Y will just stop verify like KPMG....

Simple suspend until SIR release, I guess bursar has the right to do this, SD can drag but time is not with them, debt due soon. Let's bursar uphold fair trade

Yeah, whole world gov also try bail out aviation industry, same as Malaysia. But still the loan approval under probe after granted.

So SD deserved bail out from gov because audit issues, Bursar dispute.....will it under probe like AA if gov try to bail out SD while election near by....

Layman2020 Always remember AA also can received 500 Mils loan from MOF
26/10/2021 3:15 PM

It is beyond trade price, now is interesting and entertaining how long can SD go,

How to refinance to pay debt, when SIR release, when SC will take action, Bursar suspend until when, delisted due to unable pay debt or delisted due to fraud investigation, will director resign again?

Seriously it is beyond trade price, no institute or investor will buy, risk and consequences too high. If institute buy now may face MACC future, no investor willing hold more than 3 months cause may delisted anytime.

As for Punter enjoy your game.....lol

I hope Sarawakian and politician follow up this issue closely....bring up for investigation for the sack of rakyat.

I hope sarawakian open their eyes widely and watch this SAGA development....

You implied Bursar is dumb lo....haha. first of most, this kind of dispute can be settle without announcement. It is on fire de...

Josephn One of the independent directors is ex bursa top management, I don't think they stup:t enough to say not received report, he don't know bursa procedure or play dumb?
26/10/2021 10:59 AM

Yah lo, where to get work capital with tiny cash on hand and pay billion short term loan? Fight again bursar, auditor and ex-risk chairman..

Death sentence may not far for this counter by seeing how management play the game.


Huatexpert Investment banks who loan money to him and with margin acc also feel safer to get back money asap.... u are smart but they prefer to get back money from you..you can do wat ever u want .... Investment banks prefer side Bursa cause it cant against bursa just for u...
26/10/2021 10:54 AM

Too many smart investor after so many legal cases, sue KPMG, sue ex-director, new fight against Bursar...only smart investor will invest this kind of counter, some more got contra kaki dare to play this counter...Malaysia Boleh, this kind of counter close long time already in WS....lol


Huatexpert Seem like Serba will be suspended till SIR release......
Bursa is so angry and will not let him act so arrogance and act like his father company...
Bursa need to protect interest of small shareholders and not let him act as what he want...
26/10/2021 10:47 AM

Haha, at what price, 20% below last closed? Who pay the difference if price drop below that....


solomolo for contra just tell your remiser...i think can cutloss offline...but i m not so sure
26/10/2021 10:39 AM

I though this is expected when you decided to invest in this kind of counter, Anytime will suspend...? Another smart investor?

notty sim bila mau bukake ni, i mau cut loss asap lar...
26/10/2021 10:33 AM

Omg ...haha, another smart investor conspiracy,. Flushing out disloyal....stop watching GOT....can't stop laughing haha

@Hantu Gigi Jarang quoted Karim is flushing out the disloyals, the weaks and the contras...
26/10/2021 10:28 AM

KPMG raise red flag, SB sue KPMG
Risk committee director resign, SB sue
Bursar suspend SB, will SB sue Bursar? 2.5 days no trading still counting.
SC or EY is next?

So entertaining and dramatic...

This case too high profile and involve EY and KPMG and also integrity of Malaysia financial status, politic may exploit since election near....this counter cold than ice ...lol...

sheep can appeal lah..sure get it.. high profile people appeal and they got their passports back to travel out of country...no risk from escaping...SD also cannot run mah...wakakaka
25/10/2021 9:32 PM

Wow, after KPMG, now fight against Bursar and E&Y in latest announcement? Will we see another legal action? What is SC stand?

Seems like the SIR scare light, I guess this counter will continue suspend....lol

Good luck, shareholder must be sleepless....pity

This is why entertaining here, so many smart investor, CEO not trader like you la, he need to run the company, how to run If counter suspender, which lender willing to give loan, cash flow is big issue now.

Really smart investor.


Gash19 quoted SC: Cepat bagi SIR report ke public
SB: Saya tak ada
SC: Kau ada
SB: Saya tak ada
SC: Ada!
SB: Tak ada lah!
SC: Aku suspense kau!
SB: Lagi bagus!

****This is fiction written to be performed****
25/10/2021 7:36 PM

Aiyo Karim Karim, transparency is very important, why so difficult to release SIR, you said nothing to hide, will release SIR immediately once ready, are all lies......?

Why ah Karim ? SD paid you million but you can't do a simple thing release SiR immediately....

Who is the lonkang chef, 3 days since Bursar instructions, need so long to cook....lol

Huatexpert EY SIR report is too plain...
It need to add some Salt, Vinegar, Sugar... May be some chili powder added with some deco for presentation...
therefore it take longer time to announce....
25/10/2021 2:14 PM

Pls don't hide in the cave lah, last few week almost everyday also got press release, last Friday sold 4 mil worth warrant also announced immediately.

Why when come to SIR....such a simple thing release lah....or EY also lonkang Auditor....?

Karim Karim, could do a simple thing release the SIR immediately....lol...today no urgent press release ...lol

Pls la don't hide, release SIR ....haha

If insider held back significant negative 'information' and than sold all 4 million worth of warrant prior release the information...i guess this may consider 'insider trading'.

IronShirt as far as i know, Karim has done nothing wrong----selling warrant (strictly on intrepretation --on insider Trading) Insider Trading Rules only applies to " events that lead to filthy profiteering from
un-announce major events----- strong financial outcome"
1) like Qr release ( within 30 days before release ---management must announce intention to Deal
2) Merger and Sale of Asset ( 30days waived ---just announce intention to Deal bcos nothing
is confirmed yet )
3) Normal practise is Stop Trading half Day to make announcement ( I have not heard stop
trading bcos CEO wants to sell warrant )

However things do change if DAP drags this case to Parliament...MACC and AG might get
involved and some arm twisting, Karim might be in deep shit ( just personal Opinion )
24/10/2021 3:55 PM

This is amazing, super smart investors here, can't stop laughing......omg haha


Honesty If I am the CEO of a company and i know there is a good news coming in. I would delay the good news announcement and sell all my warrant to create the panic sell down on the mother. Then top up the mother bit by bit with the $$ from the warrant and hope the authorities does not suspend the share!!
I am not that bright, is this legal ??? Can anyone tell me ~~
24/10/2021 4:51 PM

Grow your company by following the rule and regulation, it is the most important, withouts this no trust from investors local or foreigner.

SIR issue drag too long since early of the year, such a small matter took so long. Why the CEO can't do a simple thing release the SIR immediately, he didn't release on 21th, than skip 22....just busy on selling all the warrant worth RM4 million, .buy back 0.04%(RM350k)...is this a joke, is the the best thing he can do as a CEO and founder of company

No issue if he release SIR on Friday, no suspension no insider trading issue...so simple.

This is why we have a lot smart leader as well, you help me I help you, who care about rule and regulation...who care about public listed compliance ..as long as you help me I help you, other wise, you are just graduate from kampung college.

Seriously, this is definitely smart investor lol

@Honesty quoted who care about what you think ?? AND the rating is based on KPM5 scandal claim so do you still think it is relevant ??

Again, what do you know?? all your thinking is only assumption!! So stop making an @ s s between u and me !!
24/10/2021 11:53 AM

If Karim willing to release SIR on monday, than Bursar may unsuspend the counter, since nobody can sell untill SIR release.

But I believe it is short term if new auditor not able to release annual report by Friday. Than may suspend again. Lol

A lot of smart investors sleepless.....since yesterday...haha.

Really interesting and entertaining, bursar forcing Karim realese SIR immediately....

This Karim after got SIR report, go and sell 4 Mil of warrant, than buy mother only 400k...lol. some more got time replied Focus queries. The only thing he didnt do is release SIR immediately as per promised.

He can release on Thursday but didn't, than also skip Friday....Bursar no choice but suspend the counter and force him release asap.

Karim Karim, if you know SIR is good, keep your warrant a week after SIR release, it could worth double 8 mil, why rush to sold it before SIR release, lose money and possible breach insider trading law....why Karim?

No matter what, sell big volume in a day after CEO got insider news, is not ethnic.....

Which smart investor can explain the rationale...hope SC investigate and ensure penalty more than trade amount.

Why CEO risk his reputation and possible illegal ...why..

Barakah Pn17 run better than sapura...haha

so BIMB and his friend has collected enough and looking at 30%-50% gain?

what a surprise, BIMB buy call with TP 0.15, the only buy since the bad QR......

So boring ..volume so low

Haha, high oil price not good for hengyuan woh ..lol


Posted by Tobby > Oct 11, 2021 1:48 PM | Report Abuse

They say all floats when the tide sets in! So yeah, Saprng will go up as well! But i can't take the risk so i switch to Hibiscus then Hengyuan! I just can't take the risk!

O&G counter are in the up trend, SAP is slower compare with other may be due to extremely poor QR...

Tomorrow may have death cat rebound, but how are you able to tell banker push seller to unload?

by JJchan > Oct 6, 2021 5:42 PM | Report Abuse

Parking looks like Banker push sellers to unload at 10cents

High oil price prevent the price drop below 0.1. Haha

Hope they able to complete by this month end...

Although sapura not the culprit, but I believe delay to next year will impact next Q badly..from news they are rushing to complete by this month

Posted by Jayatiasa > Oct 5, 2021 11:59 AM | Report Abuse

news from Taiwan on the wind farm... there are bad news but good news is sapura not the main culprit so the q2 provision been written off in we ? the q2

Haha, also wonder the rationale of request extension of QR release, hope some good news release soon...


by JJchan > Oct 4, 2021 7:02 PM | Report Abuse

why must Sap request for one month extension of Qr release when they already got the Nos....
I think New management want to release a Announcement within 30days.....

https://www.google.com/amp/s/themalaysianreserve.com/2020/07/01/sapura-energy-denies-social-media-allegations-involving-ceo/amp/

It is open scecret...beware those KFC shit support the previous regime, their identity is questionable or may just stupxd. Haha

Do you know how much money loss by EPF and PNB to save million of jobs in ssapura energy from ex-regume?

https://www.theedgemarkets.com/article/cover-story-i-have-no-issues-epf-%E2%80%A6-it-their-right-do-what-they-want

Looks at history and CEO's Father background, how many casualties since EPF and PNB try to kick out the CEO from the office. Don't wast effort and time to charge them.

Posted by IronShirt > Oct 3, 2021 11:02 AM | Report Abuse

I think New Management should investigate whether Shahril & Co is negligence in discharging
its fiduciary Duties as CEO bcos the Losses is excessive ( bring Shahril to Court )

KFC shit will sell their mother for a KFC...what a sad case or no brain

If incompetent person may risk thousand of jobs, and PNB stakeholder lose million.

PNB and EPF are doing their best to save million of jobs and rakyat of Malaysia. But an smart KFC shit willing sell mother for KFC. Is this a joke?


Posted by UlarSawa > Oct 2, 2021 8:02 PM | Report Abuse

Shareholders tengah meroyan atas pokok durian ke. Nasi dah jadi bubur. Nak blame King Shahril the culprit ke. Blaming King Shahril pun no use anymore. At least King Shahril around pun ada kfc makan. Now bubur je yang tinggal. Correct?

Contract 1 bil, estimated 500mil overrun, even the project completed a head of schedule, I guess reverse max 10%,

Client pay sapura 1bil, sapura pay vendor 1.5bil, which idixt PM run this project, worst still someone hide the overrun cost ..rubbish

Win farm contract only 1bil since 2021, let say 500mil cost overrun is so terrible, definitely the loss has accumulated over years but never reconized, which KFC shit want ex-CEO back?......no brain?

I believe these were hide by previous regime until new CFO discover and disclose immediately, just don't feel right provision 1 bil loss in 1 Q, these 2 project were commenced few years ago, incompetent management I guess


Posted by Tobby > Oct 2, 2021 4:36 PM | Report Abuse

Saprng took one time provision loss for Taiwan and India projects! Painful indeed