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2021-07-14 16:53 | Report Abuse
Afraid when read the name Credit Suisse.
Better run now
Posted by whistlebower99 > Jul 11, 2021 4:01 PM | Report Abuse
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)
SAUDEE GROUP BERHAD
Particulars of substantial Securities Holder
Name CREDIT SUISSE GROUP AG
Address Paradeplatz 8
Zurich
8001
Switzerland.
Company No. CH-020.3.906.075-9
Nationality/Country of incorporation Switzerland
Descriptions (Class) Ordinary Shares
Details of changes
No Date of change
No of securities
Type of Transaction Nature of Interest
1 07 Jul 2021
199,900
Acquired Deemed Interest
Name of registered holder HSBC NOMINEES (ASING) SDN BHD EXEMPT AN FOR CREDIT SUISSE HONG KONG LIMITED (FIRM)
Address of registered holder No. 2. Leboh Ampang, 50100 Kuala Lumpur
Description of "Others" Type of Transaction
Circumstances by reason of which change has occurred 1. Acquisition of 199,900 shares on 7 July 2021.
Nature of interest Deemed Interest
Direct (units)
Direct (%)
Indirect/deemed interest (units) 49,712,900
Indirect/deemed interest (%) 6.978
Total no of securities after change 49,712,900
Date of notice 09 Jul 2021
Date notice received by Listed Issuer 09 Jul 2021
============================================================
CREDIT SUISSE GROUP AG.
HSBC NOMINEES (ASING) SDN BHD EXEMPT AN FOR CREDIT SUISSE HONG KONG LIMITED (FIRM)
The name (CREDIT SUISSE GROUP AG.) sounds glamorous but who is the actual owner of the nominee account?
2021-07-14 16:52 | Report Abuse
Actually i did not expecting this.
But hopefully it will rebound back and immediately hit the new support
0.41 -0.035 (7.87%)
2021-07-14 16:50 | Report Abuse
You really have some famous uncle.Haha
osted by trum > Jul 14, 2021 4:47 PM | Report Abuse
You know my uncle Trump in US? He is my very famous Uncle.
He advised all of you here:
Buy little bit to play play can lah. Don’t go all in. Wish you get Big Profits here.
2021-07-13 14:18 | Report Abuse
Suit you if you are planning for long time.
Just hopefully it is really good news coming
Posted by Qbb99 > Jul 13, 2021 2:13 PM | Report Abuse
Relax and patience. Lets wait for the outcome of the court case ,if any. The good news , no more force selling . So you can sell if no confidence, you can buy if got confidence
2021-07-13 14:17 | Report Abuse
To watch what is the reaction after 2.
Any indication maybe.
2021-07-13 14:13 | Report Abuse
Did he really cabut?
Not yet read the SD forum
Posted by tollebunsmith > Jul 13, 2021 9:09 AM | Report Abuse
serbadk also die, budak boduh karim also cabut hahahahahahahahaaa
2021-07-13 14:12 | Report Abuse
They need to settle the PRN Sarawak immediately.
It really affect the SCIB price
Posted by tollebunsmith > Jul 13, 2021 9:58 AM | Report Abuse
scib? how now????????????????????????????
2021-07-12 15:48 | Report Abuse
Already drop 8.33%
Should stay away today
2021-07-12 15:47 | Report Abuse
Only 7 millions transactions
Too low
2021-07-12 15:46 | Report Abuse
Because even though the total volumes are lower, but there are still buy and sell at this counter.
Not so stagnant as others
2021-07-12 15:45 | Report Abuse
The price range has been the same for the last week too.
And think it will be around the same range in this week.
If you guys got it. Wink wink
0.435 - 0.48
2021-07-09 18:38 | Report Abuse
Hahaha
Everybody missing sunpipi
Hopefully sunpipi is a pretty girl behind
Posted by Steady Punpipi > Jul 9, 2021 5:19 PM | Report Abuse
Great News Indeed! Innocent until proven Guilty ! Btw today took some profit and buyback all again...next play Monday .. !
2021-07-09 16:31 | Report Abuse
This one is funny.
KPMG is not that 'holy'. They are humans with mistakes too.
And in Msia already has issue on 1MDB and now SD.
Outside, another more cases.
This also show that their standard of procedures also might be having some issue. Not all is perfect
But you are defending them like you are a part of them.
Got paycheck meh?
Posted by siaokar > Jul 9, 2021 4:25 PM | Report Abuse
star21, why laugh over global issues? kpmg has branches all over the world, a few issues with the clients is inevitable.
2021-07-09 16:21 | Report Abuse
Hahaha
Maybe you are not aware, KPMG also involve many other issues around the world. not just 1MDB
And sure their credibility also is a big question
??
Posted by siaokar > Jul 9, 2021 4:16 PM | Report Abuse
star21, dont be silly.
sd next auditor will go thru what kpmg went in 1mdb saga, both are appointed after the 1st auditor were removed.
so before u laugh at kpmg over 1mdb, u should instead laugh at next auditor for sd.
2021-07-09 16:13 | Report Abuse
KPMG already in deep shit
Posted by TalkC > Jul 9, 2021 4:07 PM | Report Abuse
Not improving.. KPM6 is big 4 in the world.. More issue to be exposed..
2021-07-09 15:43 | Report Abuse
Another impact on KPMG image
2021-07-09 15:42 | Report Abuse
(Updated)
1MDB and M’sian government sue KPMG partners for US$5.64 billion
Hafiz Yatim
/
theedgemarkets.com
July 09, 2021 14:31 pm +08
1MDB and M’sian government sue KPMG partners for US$5.64 billion
-A+A
KUALA LUMPUR (July 9): The government of Malaysia, its Ministry of Finance Inc (MoF Inc), 1Malaysia Development Bhd (1MDB) and various subsidiaries have filed a US$5.64 billion suit against 44 partners of KPMG Malaysia during the time the firm was 1MDB’s auditors.
The lawsuit was filed on Tuesday (July 6).
The suit alleged breaches of contract and negligence in the audit and certification of 1MDB’s financial statements for financial year March 31, 2010 (FY10), FY11 and FY12.
Advertisement
KPMG was sacked as auditor after it refused to sign off the FY13 accounts.
Besides 1MDB, the government and MoF Inc, the other plaintiffs are 1MDB Energy Holdings Ltd (1MEHL), 1MDB Energy Ltd (1MEL), 1MDB Energy (Langat) Ltd (1MELL), and Global Diversified Investment Company Ltd, formerly known as 1MDB Global Investment Company Ltd.
Messrs Shearn Delamore filed the 148-page statement of claim on their behalf.
This is the second 1MDB related suit filed by Shearn Delamore. They had also filed a suit against Riza Aziz, his production company Red Granite Pictures Inc, Red Granite Capital Ltd and New York-based law firm Shearman & Sterling.
Twenty-two civil suits were also filed by 1MDB against various parties in May.
1MDB and its former subsidiary SRC International Sdn Bhd had settled its dispute with Deloitte PLT, which took over as auditor after KPMG was sacked. Deloitte paid US$80 million (RM336 million) into the government's 1MDB recovery trust account last month.
Alleged breach of contract and negligence
In the statement of claim sighted by theedgemarkets.com, the plaintiffs said that between 2009 and 2014, some US$5.64 billion had been misappropriated from 1MDB and its related subsidiaries to the benefit of former premier Datuk Seri Najib Razak and his associates or nominees.
Of the US$5.64 billion, a sum of US$3.197 billion was misappropriated during the three financial years when KPMG was the auditor, namely FY10, FY11 and FY12.
The statement of claim stated that initially Ernst & Young (E&Y) was appointed to audit 1MDB accounts, but it had not been able to conclude its audit, due to the lack of sufficient appropriate audit evidence in respect of the fair value and recoverability of 1MDB’s purported investment in its early joint venture (JV).
Hence, in September 2010, Najib directed that E&Y be removed as 1MDB's statutory auditor and KPMG be appointed. KPMG commenced its audit work on Sept 14, 2010 and promised to complete its audit within 18 days by Oct 4, 2010. The audit firm issued its unqualified audit opinion on Oct 4, 2010.
JV with PetroSaudi
The statement of claim further states that 1MDB entered into a JV with PetroSaudi International, after it had obtained the RM5 billion Islamic Medium Term Notes (IMTN) where a sum of US$1 billion was agreed in exchange for 40% of the equity stake in 1MDB PetroSaudi Ltd, a British Virgin Islands registered company.
However, instead of money going to the JV company, 1MDB PetroSaudi, a sum of US$700 million was misappropriated to Good Star Ltd, a company controlled by Low Taek Jho.
Subsequently in June 2010, Najib and 1MDB's management under the former premier's direction sought to inflate the value of 1MDB's investment in the JV with PetroSaudi by restructuring its 40% equity stake into the Murabaha Notes, the plaintiffs alleged.
The restructuring was backdated to March 31, 2010, as recording a profit of RM652 million in the year then ended. This enabled a total profit of RM425 million to be reported by 1MDB (instead of it reporting a loss of RM227 million) in that financial year, thus concealing the misappropriation of funds from 1MDB.
The statement of claim further stated that in or around September 2010, Najib and the management fraudulently recorded a further investment by 1MDB of US$500 million in 1MDB PetroSaudi in the form of additional subscription of Murabaha Notes for the ostensible purpose of the acquisition by the JV company of 4.23% of the equity in a public listed company in France.
The proposed acquisition never materialised and the US$500 million was misappropriated to parties related to PetroSaudi and parties related to Najib, to 1MDB's detriment.
In May 2011, Najib and the 1MDB management then again fraudulently caused a further purported investment of US$330 million in 1MDB PetroSaudi in the form of additional Murabaha Notes, to finance its purported projects in the oil and gas sector. However, the fund of US$330 million was again misappropriated to Good Star.
The plaintiffs claimed that none of the fraudulent transactions and misappropriations carried out under Najib's directive and implemented by the then management was spotted by KPMG during its tenure as the auditors of 1MDB.
2021-07-09 15:40 | Report Abuse
I had just read this on The Edge
https://www.theedgemarkets.com/article/1mdb-and-msian-government-sue-kpmg-partners-us564-billion
2021-07-08 17:17 | Report Abuse
Aisehh
Bumi also red
Everywhere also red
No green counter today?
2021-07-08 17:15 | Report Abuse
News of change of government definitely give impact to YTL.
No more big job
2021-07-08 17:12 | Report Abuse
Now also already cheaper.
siaokar
1052 posts
Posted by siaokar > Jul 8, 2021 4:25 PM | Report Abuse
wc says buy tomolo cheaper.
2021-07-08 17:04 | Report Abuse
Yes. Gonna be like this the whole week
Posted by mintingmoney > Jul 8, 2021 10:22 AM | Report Abuse
Downtrending till friday, political drama
2021-07-08 17:02 | Report Abuse
Public Bank and Maybank getting downtrend
Due to moratorium issue or political issue?
Any idea?
2021-07-07 16:33 | Report Abuse
If refer to the last 2 days, definitely today is the lowest activities in here.
SERBADK]: SERBA DINAMIK HOLDINGS BHD
Last Price Today's Change Day's Range Trading Volume
0.495 -0.015 (2.94%) 0.49 - 0.52 232,377,100
2021-07-07 16:32 | Report Abuse
Aiyoo.
Already become racist forum ar here?
Come on.
Bumi to support Bumi, everyone can understand. But dont put Islam in your words here.
I do respect Islam too. But here we are talking about business.
2021-07-07 16:29 | Report Abuse
Between supermax,TG and Harta, better follow Harta counter
More steady and relevant with current status
2021-07-07 16:27 | Report Abuse
Public Bank for me is more reliable
Posted by Michael Kwok > Jun 16, 2021 6:29 PM | Report Abuse
There maybe another 23-35 percent downturn in glove stocks.Maybe last till somewhere August.Do not agree with HLG and Public Bank.
2021-07-06 15:23 | Report Abuse
Like rising to the star!
Risingstar
Posted by ggcomliao > Jul 6, 2021 3:19 PM | Report Abuse
shooting star back to moon 1000% google hooting star sure can apply hoot9e hoot star in bursa
2021-07-06 15:22 | Report Abuse
Rising back from below 0.5
Good indicators.
How strong it will be uptrending
2021-07-06 12:34 | Report Abuse
What show pipi?
Good or not?
Posted by Steady Punpipi > Jul 6, 2021 12:17 PM | Report Abuse
MORE SHOW AT 4PM ..... as always seats are all sold out for this block buster today . Still got 1 special back seat for siaokar our VIP commentor
2021-07-06 12:22 | Report Abuse
Last week also, sharks team said that SD will be end on friday.
But today, SD breaks 0.50
Baby Shark
4868 posts
Posted by Baby Shark > Jul 6, 2021 12:16 PM | Report Abuse
Shark selling.. next week below 0.30
2021-07-05 19:31 | Report Abuse
Maybe by this week can reach that
They already announced BAU
Posted by bilisutara > Jul 5, 2021 6:24 PM | Report Abuse
Very happy if Serba can touch 0.70.. Hope will happen tomorrow..
Make good money for all bilisss.. Wowww...!!!!!
2021-07-05 10:57 | Report Abuse
12.99% Changes in the morning.
Really active counter for today
2021-07-05 10:57 | Report Abuse
Go SD
Rising to the stars!
SERBADK]: SERBA DINAMIK HOLDINGS BHD
Last Price Today's Change Day's Range Trading Volume
0.435 +0.05 (12.99%) 0.395 - 0.435 330,762,500
2021-07-02 17:53 | Report Abuse
Risingstar21 know the price will rising up qt the end.
Yehaa
2021-07-01 15:08 | Report Abuse
But yet , the announcement from SD, EY or Bursa is waited by everyone.
They should do it before tomorrow
2021-07-01 15:07 | Report Abuse
If your source is true on these, then it will be a good signal.
No wonder the market is green today
2021-06-30 16:57 | Report Abuse
You can always disagree with Karim or Serba.
But not until your wish affecting the innocent employees.
2021-06-30 16:56 | Report Abuse
That is bad wish thou.
Posted by leno > Jun 30, 2021 4:33 PM | Report Abuse
Hopefully sebak cannot pay their staff salary this month,
then we can close this case faster.
2021-06-30 16:16 | Report Abuse
But we are from the era where KPMG also did mistakes on 1MDB
Billions too.
newbie8080
2057 posts
Posted by newbie8080 > Jun 30, 2021 4:13 PM | Report Abuse
@telurgoreng , totally agreed.
Many of them here not from the generation of what happens to Enron and Arthur Anderson.
So they have no knowledge of stocks of billion dollar market cap can become zero.
2021-06-30 15:47 | Report Abuse
Seems like it will not going under 0.30 today.
Still good
2021-06-30 15:43 | Report Abuse
No wonder suddenly it green.
From where this rumors come?
Posted by greencode > Jun 30, 2021 3:14 PM | Report Abuse
With this super low price easily for petros to buy this company now
2021-06-30 15:21 | Report Abuse
Let see if it can break it.
But i think ther gonna be a big buy later
Posted by ShutTheFxxkUp > Jun 30, 2021 3:19 PM | Report Abuse
If break 0.30 then how
2021-06-29 17:03 | Report Abuse
Maybe also. This is all about i-citra.
Posted by GooShenNo1Fan > Jun 29, 2021 4:58 PM | Report Abuse
EPF push the price morning to sell to retailers. Take out money from i sinar to buy serbadk only to have EPF take back the money :(
2021-06-29 14:15 | Report Abuse
Wow.
Now it will become the next level of situation we will see.
KPMG or EY
2021-06-29 14:12 | Report Abuse
You made your own conclusions based on this one person's action?
Wow
Posted by apple168 > Jun 29, 2021 12:53 PM | Report Abuse
Remember Dato Awang himself dumped 8 million serba shares on 25/6/2021! If serba is that profitable, then no reason should he dump serba shares!
2021-06-29 14:11 | Report Abuse
Maybe.
If Serba did request and explain the situation.
bojed
3526 posts
Posted by bojed > Jun 29, 2021 2:00 PM | Report Abuse
Maybe Bursa will extend the time for SD to officially appoint EY?
2021-06-28 17:15 | Report Abuse
How many have you sell?
Posted by NatsukoMishima > Jun 28, 2021 5:10 PM | Report Abuse
Dont trap bilis anymore , faster suspend it !
Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BERHAD
2021-07-14 16:54 | Report Abuse
Hopefully the lowest is at 0.40 today