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 ICT Zone Ventures - 8% p.a. yield, Highly not recommended to invest

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apathen
post Dec 14 2019, 04:34 PM

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Joined: Mar 2014
QUOTE(MNet @ Dec 14 2019, 11:15 AM)
I checked on the scheme 2 prospectus, the earning for last year is 54k.
Wondering how they can use this earning to pay to 800 subscriber with 8% p.a.

800 subscriber x 10k = 8000k
8000k x 8% = 640k already

https://www.ictzventures.com.my/ICTV/eform/...9-April2020.pdf

Total subscriber = page 11
Profit and loss = page 10
*
after so many years still checking? too late, they are going to list on leap next year

 

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