Highlights

Pathetic Fallacy

Author: OrlandoOilSemiconIoT   |   Latest post: Sat, 26 Jun 2021, 4:30 PM

 

SERBADK - Who caused the BLOW UP?

Author:   |    Publish date:


 

Who?

 

The answer.........

 

The answer....................   The SC

 

Now... no less than the lawyer has said it..... SC has acted without justifiable grounds

 

Per lawyer... SC has raided Serba's office without justifiable grounds 

 

And..... SC raided only just Serbadk's office..... how come not KPMG's??

 

What kind of meassage r u sending... SC?!!? What kind of -tive preception have u casted on Serbadk???

 

Damage RM 3b in mkt cap... valuable reputation

 

 

Posted by OrlandoOilSemiconIoT > Jun 22, 2021 8:30 AM Report Abuse X

Enough damage caused by u Jz freeze

 

Posted by OrlandoOilSemiconIoT > Jun 22, 2021 8:28 AM Report Abuse X

Can d the one tat caused d BLOW UP kindly jz sit stil?

 

 

Posted by OrlandoOilSemiconIoT > Jun 20, 2021 6:01 PM Report Abuse X

U must know



KPMG innocently jz wanted more time to finish its audit

 

Posted by OrlandoOilSemiconIoT > Jun 20, 2021 5:47 PM Report Abuse X

U must know


KPMG was surprised by tis BLOW UP

 

Posted by OrlandoOilSemiconIoT > Jun 20, 2021 6:16 PM Report Abuse X

 

Is there any reasons for KPMG to go public on this?

 

Posted by OrlandoOilSemiconIoT > Jun 20, 2021 5:51 PM Report Abuse X

U must know



KPMG didn't expect tis BLOW UP

 

Posted by OrlandoOilSemiconIoT > Jun 20, 2021 6:01 PM Report Abuse 

X

U must know



KPMG innocently jz wanted more time to finish its audit

 

Posted by OrlandoOilSemiconIoT > Jun 20, 2021 6:07 PM Report Abuse 

X

U must know



KPMG suggested to Serbadk to change year end so tat it has more time to do its audit


And Karim and Serbadk agreed to KPMGs suggestion

 

Posted by OrlandoOilSemiconIoT > Jun 20, 2021 6:08 PM Report Abuse 

X

Up till tis point matter still pivy between Serbadk n KPMG

No one else knows

 

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OrlandoOilSemiconIoT To recover loss fr SC?
22/06/2021 6:34 PM
OrlandoOilSemiconIoT Also don't b so confidence KPMG has not done wrong

KPMG had treated tis audit as any other audits

KPMG had put in trivial matters in its points for discussion wit client thinking matters wil b resolved like any other audits between itself n Serbadk

KPMG had acted innocently n matters remain innocent til suddenly SC blew it up
22/06/2021 7:41 PM
OrlandoOilSemiconIoT KPMG simply put all n sundry into its points for discussion

Serbadk lawyers jz hv to stick on d point KPMG went to d wrong address KPMG standing in d eyes of d judges wil hit another low after d 1MDB fiasco
22/06/2021 7:51 PM
OrlandoOilSemiconIoT Materials on site

Ambank has talked like 100% of d materials on site is thin air whn in fact d 2020 balance is almost d same as 2019 balance whc were audited n found ok by KPMG


In any case why can't KPMG verify n come out wit irrefutable evidence?

Present IRREFUTABLE EVIDENCE n end of the audit
23/06/2021 11:25 AM
OrlandoOilSemiconIoT KPMG

Not too late

Come out n present ur IRREFUTABLE EVIDENCE to nail Karim

Come on
23/06/2021 11:25 AM
OrlandoOilSemiconIoT KPMG

Already being sued

What?

Need to wait the cows come home b4 u present ur IRREFUTABLE EVIDENCE ?
23/06/2021 11:25 AM
OrlandoOilSemiconIoT Well if KPMG has IRREFUTABLE EVIDENCE now is certainly the best time to present them

Show d smoking gun and case closed
23/06/2021 11:26 AM
OrlandoOilSemiconIoT KPMG why beat around the bush??

Why jz say Serbadk didn't dot d i cross d t come out wit ur IRREFUTABLE EVIDENCE already???!!!
23/06/2021 11:26 AM
OrlandoOilSemiconIoT Waiting for KPMG IRREFUTABLE EVIDENCE
23/06/2021 11:27 AM
Nepo Yup, you spot on
23/06/2021 11:37 AM
InsiderShark @OrlandoOilSemiconIoT

You 5 years old? KPMG cannot disclose any details. Just like how a doctor cannot tell others what sickness you have. They are professionals.

Serba knows KPMG cannot say anything, therefore they continue attacking, hoping to make it look like Serba is the victim.

Who is right or wrong, we dont know. But you already jump to conclusion, why? Because you have paper loss, that is why. You money inside Serba.
23/06/2021 12:56 PM
OrlandoOilSemiconIoT InsiderShark


U r confirmed 3 years old or retard


Audit is an evidence based understanding


Very EARLY ON during d audit KPMG shd hv come out wit its IRREFUTABLE EVIDENCE leaving Serbadk no room whatsoever to deny or dispute


Come out early on with ur best right hook to KO Karim
23/06/2021 2:10 PM
OrlandoOilSemiconIoT Hope u 3 years old or retard can follow
23/06/2021 2:14 PM
OrlandoOilSemiconIoT Still waiting for KPMG IRREFUTABLE EVIDENCE
23/06/2021 2:16 PM
qqq3333 who caused the blowup? assuming Serba is innocent and their accounts are true and fair..... then it's Serba crisis management that screwed up
23/06/2021 2:31 PM
qqq3333 auditors with audit points for discussions happen all the point. auditors approach audit commitee members happens all the time and follows Bursa rules
23/06/2021 2:35 PM
qqq3333 Serba panicked... ask them why they panic la
23/06/2021 2:36 PM
OrlandoOilSemiconIoT Serbadk did not panic

In fact KPMG suggested n Serbadk has agreed to change d year end to JUNE 2021 giving KPMG 6 months more to finish its audit

For KPMG to finish its audit as issues highlighted r those the can b resolved


There was no crisis for neither KPMG nor Serbadk


Thing blew whn Bursa/SC asked for the reasons for d change of year end n SC raided Serbadk premises
23/06/2021 2:42 PM
OrlandoOilSemiconIoT Per lawyer SC raided Serbadk premises without justiable grounds
23/06/2021 2:46 PM
OrlandoOilSemiconIoT Point for SC to ponder


Next time to raid BOTH parties premises to appear impartial?


Fairer for both parties
23/06/2021 2:48 PM
OrlandoOilSemiconIoT So still in progress


So KPMG stil looking for its elusive IRREFUTABLE EVIDENCE?



"The potential claim relates to a statutory audit that is still in progress and we are unable to make any comments," the audit firm said.
23/06/2021 2:53 PM
qqq3333 precisely as Jeff says
23/06/2021 3:10 PM
OrlandoOilSemiconIoT Of course not
23/06/2021 4:39 PM
OrlandoOilSemiconIoT Materials on site


Materials on sites r physical can see touch smell why so difficult to come out wit IRREFUTABLE EVIDENCE?


Materials on sites they r either there or they r not there why so difficult to come out wit IRREFUTABLE EVIDENCE??
23/06/2021 6:19 PM
OrlandoOilSemiconIoT Tis not done for audit purpose?


....to facilitate better audit planning



Remarks :

The Directors of the Company is desirous to change the financial year end of the Company from 31/12/2020 to 30/6/2021 due to continuing extension of the MCO in Malaysia and lockdowns in countries in which the group have hampered the ability to finalise the Group's financial statements (FS); expansion of Groups operations in new countries further add to more time required to finalise FS; to facilitate better audit planning and allocation of resources to avoid the peak financial reporting period
23/06/2021 8:40 PM
OrlandoOilSemiconIoT Loosing money is one thing


KPMG shd has been more conclusive


KPMG shd not have spoken before obtaining the IRREFUTABLE EVIDENCE
23/06/2021 9:49 PM
OrlandoOilSemiconIoT Was KPMG negligence or not??


Auditors red flagging accounts is sensitive very very very sensitive


Anyone knows that


KPMG should hv foresee d chaos


PRIOR to obtaining the IRREFUTABLE EVIDENCE KPMG at d most can only states the AUDIT STILL IN PROGRESS



KPMG shd never in anyway insinuated Serbadk guilty until Serbadk got someone to prove it is innocent


No no no




Serba Dinamik to take legal action against external auditor KMPG for alleged negligence
24/06/2021 8:06 AM
OrlandoOilSemiconIoT Even in court of laws EVIDENCE comes first
24/06/2021 8:12 AM
OrlandoOilSemiconIoT IRREFUTABLE EVIDENCE
24/06/2021 8:13 AM
OrlandoOilSemiconIoT Need IRREFUTABLE EVIDENCE not mere suspicion
24/06/2021 8:13 AM
OrlandoOilSemiconIoT KPMG has gone public wit mere suspicion
24/06/2021 8:14 AM
OrlandoOilSemiconIoT So u tell me has KPMG bin negligent?
24/06/2021 8:15 AM
OrlandoOilSemiconIoT After the 4b damage n some now u r saying d audit is stil in progress


Right fr d BEGINNING KPMG shd hv told SC BURSA sir WE CANNOT COMMENT AT TIS JUNCTURE as d AUDIT IS STIL IN PROGRESS



"The potential claim relates to a statutory audit that is still in progress and we are unable to make any comments," the audit firm said.
24/06/2021 8:19 AM
OrlandoOilSemiconIoT WE CANNOT COMMENT AT TIS JUNCTURE as d AUDIT IS STIL IN PROGRESS


Anything more thn tis would surely trigger SC n BURSA


KPMG cannot goes MAYBE he is guilty but our audit is still progress
24/06/2021 8:23 AM
Bgt 9963 Good morning....!
24/06/2021 8:32 AM
goldenluck16 SD is a gone case ...no hope. Sell, no need to think twice or talk thrice.
24/06/2021 9:00 AM
OrlandoOilSemiconIoT Oh yes U r a good specimen of d average man on d street influenced by KPMGs MAYBE




goldenluck16 SD is a gone case ...no hope. Sell, no need to think twice or talk thrice.

24/06/2021 9:00 AM
24/06/2021 9:40 AM
leehenry1999 haha the whole comment section was bombarded by Orlando, why being so desparate, is it that you have too much of vested interest in Serba? Just let SC and the court do the due diligence, spamming here and there won't help haha :)
24/06/2021 12:46 PM
Mongtuan Spot on leehenry !
24/06/2021 1:30 PM
OrlandoOilSemiconIoT So KPMG has resigned



Let's do a bit of character assassination like KPMG has done wit its MAYBE



KPMG has resigned KPMG knows it has bin negligent


KPMG must hv done something wrong otherwise why resign
24/06/2021 1:34 PM
leehenry1999 lol Orlando, KPMG is resigning due to following the standard procedures where auditors will need to resign whenever the auditee raised a court action towards them. Nothing had changed on who is right or wrong yet. Why so desperate to keep trash talking KPMG, they just doing their job to safeguard shareholders wealth. You should thank them if they are helping you to red flag any Serba wrong-doings haha. No need to allow your confirmation bias to dictate your thoughts
24/06/2021 2:05 PM
OrlandoOilSemiconIoT Red flagging is not a problem


I only ask for IRREFUTABLE EVIDENCE BEFORE red flagging


KPMG has failed miserably on tis basic requirement
24/06/2021 2:16 PM
OrlandoOilSemiconIoT Red flagging yet has d audacity to ask for change of year end to buy time to finish its audit
24/06/2021 2:22 PM
OrlandoOilSemiconIoT leehenry1999 u r specimen 2 of d average man on d street influenced by KPMG
24/06/2021 2:23 PM
OrlandoOilSemiconIoT KPMG had character assassinated Serbadk even whn all it has is a MAYBE
24/06/2021 2:30 PM
leehenry1999 hahaha ya I am just an average man on the street, at least I am not an "elite" like you who lose a lot in serba :), but yet still in denial and acting like you are above average
24/06/2021 2:50 PM
OrlandoOilSemiconIoT Tis is precisely the problem KPMG has performed its audit upto MAYBE



“In this regard, KPMG has in our view performed a substandard auditing work for they failed to form a professional opinion




“It is, therefore, noteworthy to acknowledge that Section 320(1) of the CMSA 2007 requires that an auditor form a professional opinion that there has been a breach before they can make a report to SC,” a company source told FocusM.

“In this regard, KPMG has in our view performed a substandard auditing work for they failed to form a professional opinion on the matter and therefore could not have acted in good faith – in fact they acted in bad faith.”
24/06/2021 6:35 PM
OrlandoOilSemiconIoT Upto MAYBE as such KPMG failed to form an audit opinion tat an auditor wit IRREFUTABLE EVIDENCE conviction dare to
24/06/2021 6:38 PM


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