Judging by the way KPMG losing contract left and right. Time for new auditors to go up. Nexia top 10 in the world not Malaysia, so ok la

Parliament play causing red for BURSA

Something big happening soon. Buy and Hold

Another up day today

Datuk Karim already start pumping money into the company back. Good sign

I think so far the management played an active role in changing their team to move forward. Good sign so far

Hopefully Bursa ok today

good time to support

Pagi-pagi dah naik. Good news. 60 sen target.

I think with the announcement of parliament reopening. Mesti interest in Malaysia naik balik

unfotunate outcome la today

Collect and keep. Dividend stocks kena play long game

KWSP and KWAP disposed because they have certain protocols to follow

SC raided close to a month already. No red flag raised
Serba still appoint auditor as instructed by Bursa
Serba sued KPMG.

So far innocent until proven guilty


Posted by leno > Jul 13, 2021 9:35 AM | Report Abuse

KWSP and KWAP disposed all.
5 Independent directors resigned (including 1 new come in 1 week, straight resign)
Securities Commission RAIDED sebak office.
Bursa DIRECT sebak to appoint EY by last week or else.

If kpmg is wrong,
Then all those the above will lose their integrity.

U still take side with the Crook director ?
Why ?
No need to answer.
We already know why.

BODOH.

Come on Serba!!!!

So far market has been holding up. Especially Serba stocks

So far Serba stock today ok

Wait for details of the lawsuit to come out la.

price increase. Good start for the morning

7.64 MYR
−0.040 (0.52%)today
9 Jul, 3:51 pm MYT ·Disclaimer


next time quick google la. Bursa down again today

Posted by Huangbk72 > Jul 9, 2021 3:50 PM | Report Abuse

retailbroker99 KPMG attacked left and right. Serba Dinamik stock improving despite Bursa going down. good sign I see
09/07/2021 3:47 PM

U from which planet bro? Bursa going down???

KPMG attacked left and right. Serba Dinamik stock improving despite Bursa going down. good sign I see

Rebound happening. Yesterday's price most likely because of UMNO

I think until government settle entire Bursa kena teruk

Definitely UMNO's fault

Harini in general bursa jatuh. All these salah government la. sikit2 mau ubah PM

UMNO as usual impacting bursa

New IDs sure buy share one right. Definitely can see some huge market movement today

HAVING cemented the appointment of its special independent reviewer in Ernst & Young Consulting Sdn Bhd (EY) last Friday (July 2), Serba Dinamik Holdings Bhd now targets to appoint its new external auditor by end-July 2021.

In response to a status update required by Bursa Malaysia, the board of the global integrated oil & gas (O&G) outfit said it had submitted the request of proposal for provision of external audit to international audit firms on June 27.

“In conjunction (with this), the company will make an immediate announcement to this effect immediately upon the finalisation of appointment of the new auditors,” Serba Dinamik pointed out in a stock exchange filing.

On the same note, the company’s board noted that it has also requested a meeting with the Companies Commission of Malaysia (SSM) for a consultation in relation to the appointment of its external auditors pursuant to Section 272 of the Companies Act 2016.

Recall that, KPMG PLT has quit as Serba Dinamik’s external auditor with immediate effect on June 24 pursuant to Section 281 of the Companies Act 2016 (CA 2016).

In a related development, the company said it has identified two new independent directors with a Bursa Malaysia announcement “to be made on Thursday (July 8)”.

“The board has finalised the two names – that of one man and a woman – who are both experienced individuals and subject matter experts in governance and integrity and risk management,” a source close to the top management told FocusM.

“Both names are very important to Serba Dinamik in order to enhance and strengthen its board composition. This is definitely a good sign to restore confidence of shareholders. The management has nothing to hide and will allow its independent directors to protect the interest of its shareholders at all cost.”

To re-cap, Serba Dinamik’s pool of independent directors has shrunk to only two at present after five of its independent non-executive directors (INEDs) resigned from its board on June 24, including recently appointed Masleena Zaid.

The other four were old guards who had cited differences in opinion that they had with the decisions made by the board which in their views were not to the best interest of the company.

The four INEDs were Tengku Datuk Seri Hasmuddin Tengku Othman, 59; Hasman Yusri Yusoff, 60; Rozilawati Basir, 50; and Sharifah Irina Syed Ahmad Radzi, 44.

On a brighter note, Serba Dinamik has extended its gain for the second day running this week after inching up 2.5 sen or 5.15% to 51 sen with a heavy volume of 1.08 billion shares which thus valued the company at RM1.9 bil.

“Prevailing strong buying interest coupled with no incidence of forced selling by company founder Datuk Dr Mohd Abdul Karim Abdullah has enabled the share price to close in the green for three consecutive days (since Friday, July 2) now,” a market observer told FocusM.

“There were some profit taking activity in the afternoon part but was well absorbed by strong buying interest from retailers. Technically, we can expect 48.5 sen to be a strong support level although there could be more upside potential in the next few weeks.” – July 6, 2021



https://focusmalaysia.my/serba-to-rid-2-burdens-off-its-chest-soon-new-external-auditor-and-ineds/

Any info on the new IDs joining?

Price so far has been stable. This is without any new big institutional investors. So far the price has been good

New IDs coming in soon. They will buy shares and definitely pump up the price

Another day of strong showing

need proper momentum

a lot more people joining in the serba fun now

Price keep going up. So far a good start to July. I think business as usual for them. Hoping they will announce any new exciting project

Still got buyers now. Going up. EY appointment is working its wonder

I think so far the news from Serba Dinamik has been positive. Time for a proper turnaround of the company

Naik banyak ni

PublicInvest Research Headlines - 5 Jul 2021
Source : PUBLIC BANK, Price Call : HOLD, Price Target : 0.44
Last Price : 0.405, Upside/Downside : +0.035(8.64%)

Got any news from KPMG. Like a response. That day everyone say KPMG resigns so that they can respond. Until today got nothing.

Close on a high

https://dagangnews.com/serba-dinamik-muktamadkan-pelantikan-ey-hari-ini-7047

Confirm EY

Serba about to sign with EY already. Next up the report. Can't wait for the outcome

rugi if tak masuk now. Everyone pump on all of Pak Karim's company

https://www.thestar.com.my/business/business-news/2021/07/02/serba-dinamik-scib-and-kpower-dominate-trading-interest


KUALA LUMPUR: Serba Dinamik and related companies SCIB and KPower dominated trading interest for the second day on Friday, inching up in active trade on hopes for some positive news for Serba Dinamik.

At 9.15am, the FBM KLCI was down just 0.05 of a point to 1, 534.18. Turnover was 620.12 million shares valued at RM245.92mil. There were 155 gainers, 226 losers and 286 counters unchanged.



Bloomberg reported Asian stocks rose Friday amid positive Covid-19 vaccine developments and after strong economic data helped to send US shares to a record. A dispute in the Opec+ alliance bolstered oil.

Shares climbed in Japan, Australia and South Korea. US contracts were stable after the S&P 500 posted its longest winning streak since February, helped by cyclical sectors like energy, while technology lagged.

Crude traded near $75 a barrel after the OPEC+ alliance descended into infighting, casting doubt on an agreement that could ease a surge in prices.


At Bursa on Thursday, local funds were net buyers at RM58.5mil and local retail investors at RM23.6mil which helped offset the net selling by foreign funds at RM82.1mil.

Worries about the outlook for the economy, more restrictions to curb the Covid-19 infections and the slump in manufacturing are weighing heavily on investor confidence.

June’s manufacturing PMI fell to its lowest since April 2020 to 39.9 (51.3 in May). The fall was due to movement restriction policies which weighed down production, new orders and exports, besides input prices.

AmResearch said overall manufacturing activities are expected to experience a strong drag and this would dampen the economic performance.

“On that note, GDP for 2021 is projected at 4.0%-4.5%. Nevertheless, the economy is less likely to fall into double-dip due to a low base, ” it said.

Serba Dinamik rose 0.5 sen to 38.5 sen and its warrants, SerbaDK-WA inched up 0.5 sen also to 10 sen, SCIB climbed 5.5 sen to 80.5 sen and SCIB-WB 2.5 sen to 28 sen while KPower added 1.5 sen to 92 sen.

Public bank still with their hold call. A good sign. Need to pump more money.

Today good showing

https://klse.i3investor.com/blogs/maliklapid/2021-07-01-story-h1567122503-Serba_Dinamik_victim_of_unscrupulous_attacks_The_truth_behind_the_block.jsp

can go all the way to 40 sen ni

today's outcome is positive. Hopefully audit report can be concluded quicker

Harini sahaja you can get 20% profit