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2021-10-25 19:25 | Report Abuse
SC and Bursa can do nothing to SD other than suspending share trading activities. SIR is not a forensics audit looking for evidence for charging people in the court. You can't say the management did something wrong illegal without the evidence from the independent forensic audit. It's merely an independent audit. Not really a big deal.
No legal investigations is carried out in SD.
2021-10-25 14:48 | Report Abuse
Negotiate with them to find out the best reasons of delaying for the sake of stakeholders. They know already the real situation la.
2021-10-25 14:32 | Report Abuse
If the unfavourable SIR is announced, it would checkmate Karem...
2021-10-25 14:30 | Report Abuse
The best solution is suspension of trading for few years...more time is needed for Karem to sort out the problems.
2021-10-25 14:28 | Report Abuse
If the unfavourable SIR is announced, everyone lousai.. Very scary...
2021-10-25 14:24 | Report Abuse
As mentioned, there are many stakeholders of SD would be seriously affected. It is not only impacted shareholders.
2021-10-25 14:21 | Report Abuse
If i were Karem, i would delay as long as possible...May be few years. It takes time to sort out all these problems and restructuring the group to rescue the situation. If not, every stakeholders of SD would be heading Holland.
2021-10-25 14:16 | Report Abuse
If SD does not announce the unfavourable SIR, at least the bankers won't force SD to repay borrowings early... There is a chain effects.. Very headache one.
2021-10-25 14:13 | Report Abuse
What are the reasons can be used for delaying the announcement? BOD meetings, covid cases, time to sort out the issues internally...
2021-10-25 14:09 | Report Abuse
If the unfavourable results is announced, every existing shareholders of SD will go Holland... Stakeholders (Bond holders, banks, suppliers...) will be suffering...it would prompt the minority to go for court cases and seeking forensic audits.. No ending.
2021-10-25 14:03 | Report Abuse
What would you do if you were Karem? Announce fast for favorable investigations results. If the situation is unfavourable, look for all sort of reasons to delay the announcement as long as possible.
2021-10-24 20:17 | Report Abuse
CAHYA MATA SARAWAK BERHAD
Date of change 07 Aug 2021
Name DATO ISAAC LUGUN
Age 64
Gender Male
Nationality Malaysia
Designation Non Executive Director
Directorate Non Independent and Non Executive
Type of change Retirement
CAHYA MATA SARAWAK BERHAD
Date of change 08 Jul 2021
Name DATO ISAAC LUGUN
Age 64
Gender Male
Nationality Malaysia
Designation Non Executive Director
Directorate Non Independent and Non Executive
Type of change Others
Description Retired as Group Managing Director and redesignated as Non-Independent Non-Executive Director with effect from 8 July 2021.
Qualifications
2021-10-24 20:12 | Report Abuse
We refer to the Company's announcements on 5 May 2021, 3 June 2021, 8 June 2021 and 2 August 2021 on the suspension of Mr Syed Hizam Alsagoff, the Group Chief Financial Officer of the Company and appointment of KPMG Management & Risk Consulting Sdn Bhd ("KPMG MRC") as the independent consultant to review the financial management of certain investment and contracts. Whilst KPMG MRC has completed its reports, the legal investigations of the said investments and contracts are still ongoing. The Company expects the complete results of the review to be announced by the end of October 2021.
Noting that the contract of Mr Syed Hizam Alsagoff as the Group Chief Financial Officer of the Company ends tomorrow (31 August 2021), the Board has today decided for the Company's General Manager, Group Finance, Madam Tan Mei Fung to continue as Head of Finance pending the recruitment of a new Group Chief Financial Officer.
2021-10-24 19:29 | Report Abuse
SPM guys also understand the Bursa announcements news... You don't understand ah? Boy boy.
2021-10-24 14:33 | Report Abuse
If you are handsome enough, people might get closer to measure and counting. If your look is so so...i don't know what would they do. Hahaha
2021-10-24 13:40 | Report Abuse
OM Materials Sarawak contributed almost of the entire PBT in OMH's Smelting segment starts at 1:32:20
OMH interview... Information about OM Materials Sarawak starts at 25.4
https://youtu.be/jR23hdYt-ao
2021-10-24 11:57 | Report Abuse
OMH'smelting segment consists of 16 units furnaces in OM Sarawak and 2 units smaller furnaces in China.
OMH's Smelting segment has reported PBT A$40.5 million for the period 6 months to 30 June 2021. The average transacted price of Fesi for 1H 2021 recorded an increased of approximately 11% or AS$ 1,780 ( US$ 1,342) whereas current price of Fesi 4k per tonne.
2021-10-24 11:47 | Report Abuse
OMH interview... Information about OM Materials Sarawak starts at 25.4
https://youtu.be/jR23hdYt-ao
2021-10-23 14:15 | Report Abuse
他們最喜歡聽甜言蜜語...實在太爽和太過癮了! 被欺騙也是沒什麼關係啊,或者也沒有感覺被欺騙. 反而還心甘情願和開開心心幫忙人家數鈔票呢.
2021-10-22 19:21 | Report Abuse
最近我注意到一個新的詞彙 "中華膠". 聽起來野蠻特別但是有點怪怪的.
2021-10-22 14:58 | Report Abuse
It may take few years to clean up the mess and possible rebirth after undertaking capital reduction.
2021-10-22 14:54 | Report Abuse
Finally, Serbadk is within the expectation.
2021-10-22 14:38 | Report Abuse
16.02 Suspension of trading imposed by the Exchange
(1) The Exchange may at any time suspend the trading of listed securities in any of the following circumstances:
(c) where, in the opinion of the Exchange, it is necessary or expedient in the interest of maintaining an orderly and fair market in securities traded on the Exchange;
Kindly be advised that trading in the Company's securities will be suspended with effect from 2.30 p.m., Friday, 22 October 2021 until further notice. The suspension is effected pursuant to paragraph 16.02(1)(c) of the Main Market Listing Requirements in the interest of maintaining an orderly and fair market in the trading of SERBADK’s securities.
2021-10-22 13:30 | Report Abuse
Tips oh.. I heard about this popular 'tip si' since 30 years ago.
2021-10-22 13:02 | Report Abuse
Price up and down is nothing new in short term. What important is a long as the price remains trending north.
2021-10-22 12:25 | Report Abuse
Washing & churning volume...or distribution?
2021-10-21 20:13 | Report Abuse
Kataku kau langsung tak dengar
Namun kau asyik membidas
Keliru, kat mana kau terhina?
Seluruh dunia jadi musuh mu
2021-10-21 16:18 | Report Abuse
說的話 你從來都不想聽
卻又滔滔不絕出征反擊
不明白 到底辱了你哪裡
總覺得世界與你為敵
2021-10-21 10:51 | Report Abuse
OM Holding's Smelting segment has reported PBT A$40.5 million for the period 6 months to 30 June 2021. The average transacted price of Fesi for 1H 2021 recorded an increased of approximately 11% or AS$ 1,780 ( US$ 1,342) whereas current price of Fesi 4k per tonne.
Stock: [SERBADK]: SERBA DINAMIK HOLDINGS BERHAD
2021-10-25 19:29 | Report Abuse
Slow slow motion and give Karem more time to cover the hole before a forensics audit is carried out.