Posted by Jack Khan > 2021-06-01 04:58 | Report Abuse

If not fraud then what is it ? Auditor cannot get answer from management and management say auditor does not raise question lol

Posted by tallman > 2021-06-01 07:06 | Report Abuse

A certified auditor never goes wrong, they're the experts in auditor firm for a decade.

Posted by shortinvestor77 > 2021-06-01 10:00 | Report Abuse

Trust in forensic audit findings. Don't trust businessmen.

Posted by Supermax2020 > 2021-06-01 12:50 | Report Abuse

Macc please take action

Posted by stockraider > 2021-06-01 13:20 |

Post removed.Why?

Posted by Blacksails > 2021-06-01 15:48 | Report Abuse

When i first discovered Serba afew months ago, i realized that this company sounds too good to be true in its contracts awarded and the amount was huge for a relatively unknown company until IB and analysts wrote how good it is. Now i hope the true color will show.

Posted by speakup > 2021-06-01 17:41 | Report Abuse

31/05/2021 1.13 1.39 +0.26 (23.01%) HOLD PUBLIC BANK Price Target News
31/05/2021 1.13 1.30 +0.17 (15.04%) SELL MalaccaSecurities Price Target News
31/05/2021 1.13 1.26 +0.13 (11.50%) SELL AmInvest Price Target News
27/05/2021 1.61 2.37 +0.76 (47.20%) BUY PUBLIC BANK Price Target News
27/05/2021 1.61 0.95 -0.66 (40.99%) SELL KENANGA Price Target News
27/05/2021 1.61 1.45 -0.16 (9.94%) HOLD HLG

Posted by bearguy > 2021-06-01 20:39 | Report Abuse

I dont care who the project or maincon they sub to. As long as they declare they had recevied the money like they did 90% recevied. Then what to worry.

Money is there!!

1MDB is different story. The money is not there.

Not only malaysia, almost all the business around the world doing business like this. Project award not really based on tender, all table money. Even Petrxxxx in malaysia

Posted by scenery > 2021-06-01 21:11 |

Post removed.Why?

Posted by super168 > 2021-06-02 08:15 | Report Abuse

KPMG very reputable, will not risk its reputation if there's no 'hanky panky' business behind. Should also audit government quarters and ministry.

Posted by Bgt 9963 > 2021-06-02 08:18 |

Post removed.Why?

Posted by calvintaneng > 2021-06-02 11:03 | Report Abuse

bearguy I dont care who the project or maincon they sub to. As long as they declare they had recevied the money like they did 90% recevied. Then what to worry.

Money is there!!

1MDB is different story. The money is not there.

Not only malaysia, almost all the business around the world doing business like this. Project award not really based on tender, all table money. Even Petrxxxx in malaysia
01/06/2021 8:39 PM

Calvin replies:

NO MONEY RECEIVED LAH

MONEY (RM1.865 BILLIONS JUST IOU RECEIVABLES)

MONEY ACTUALLY CAME FROM EXTRA BANK LOANS (RM188 MILLIONS)
MONEY FROM PRIVATE PLACEMENT AT RM1.49
TOTAL BANK LOAN NOW A WHOPPING RM3.1 BILLIONS

ONLY SPEND & BURNT CASH

NO REAL CASH FROM EARNINGS

ALL RECEIVABLES NOW SUSPECT LIKE MEGAN MEDIA

THE MEDIA SHOULD GO TAKE PHOTOS OF ALL THE OFFICES/COMPANIES WHICH SERBA IS DEALING WITH ALL THIS TIME

ARE THEY REAL OR FICTITIOUS

LAST TIME MEGAN MEDIA BOASTED HIGH PROFITS FROM BLUE RAY DISC

LOTS OF PROFITS (RECEIVABLES)

IN THE VERY END OF END GAME ONLY THEY FOUND OUT

ALL IOU (RECEIVABLES) WERE FAKE

BLUE RAY DISC FACTORY NON EXISTENT

ADDRESS ALSO FAKE. POSTMAN ALSO CANNOT FIND

INVESTIGATIONS MUST BE DILIGENT AND THOROUGH TO FIND THE TRUTH

WHEN TRUTH SURFACE ALL WILL KNOW

Posted by stockraider > 2021-06-02 11:17 |

Post removed.Why?

Posted by issac99289928 > 2021-06-02 12:58 | Report Abuse

speakup 31/05/2021 1.13 1.39 +0.26 (23.01%) HOLD PUBLIC BANK Price Target News
27/05/2021 1.61 2.37 +0.76 (47.20%) BUY PUBLIC BANK Price Target News

some of PBB investment funds hold more than 1 percent of SERBA . they need the greater fools to buy the stock.

Posted by calvintaneng > 2021-06-03 21:52 | Report Abuse

SERBA, KPOWER & SCIB ACCOUNTS LOOK LIKE BEING COOKED AND MANIPULATED , Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-06-03-story-h1566043478-SERBA_KPOWER_SCIB_ACCOUNTS_LOOK_LIKE_BEING_COOKED_AND_MANIPULATED_Calvi.jsp

Posted by robertzz > 2021-06-03 21:54 | Report Abuse

better watch out with your post.. dont later Masuk jail because of spreading fake news . good luck.. hahahaha