Thanks Cova for highlighting this.
I had read up some threads/news pertaining to Andaman aka Meda Bhd.
Based on the report, it seems like, they are quite "foxy", sucking dry Meda and create another entity ie Andaman to expand their business.
Earlier i thought of this Arc project for investment but now need to dig more info about their reliability as well as integrity.
Kudos to you for sharing up.

Btw, how is the sale so far for Arc? Last check was like still have 30-40%

[quote=cova,Dec 29 2011, 05:11 PM]
Do you know that for every Andaman projects, they will register a RM2 company to handle the project. The registered companies only used nominees(young man and young chics) as company's director and share holders.
You can do a company search and you will be shocked!

Wow...that is really a shock. How could they do that? I mean we are talking about 2-3 digits million project here. This sort of developer must be held accountable for their integrity and responsibility.