5000/lot

next is 5000

what is this company business?

but their trustee is very fishy.

beware

my premier trustee which is used by them is not registered under SC
http://www.sc.com.my

Look at My Premier’s Trustee’s company profile ( http://www.mpt.com.my/Company%20Profile%202011.pdf) . Then, take a look at the companies they worked with. Notice none are companies u heard of. Next, google those companies. And……



3a) AZZ Marketing. Some headlines when u search in google (in 1st page) are,
– “AZZ Marketing Tidak Bayar Hasil Pemilik”
– “Azz Marketing menipu jutaan ringgit duit rakyat”
– “AZZ Marketing Berhad Pelaburan Ikan Keli Penipu!”

u need understand what is sow for trustee.

will company is different as it did not hold any $$ from investor.

and did u notice that majority of My Premier’s Trustee’s customer, which use My Premier’s Trustee’s is a potential scam company?

First, let’s look at REIT’s Trustees. I’ve found there are 14 REITs in Malaysia, and below are the REITs and the Trustee they used. Note that AR stands for Annual Report. All AR can be obtained (and verified) from http://www.bursamalaysia.com/ .




1. AMANAH HARTA TANAH PNB – Amanah Raya Berhad (page 2 of 2010′s AR)
2. AMANAHRAYA REAL ESTATE INVESTMENT TRUST – CIMB Trustee Berhad (page 4 of 2010′s AR)
3. AMFIRST REAL ESTATE INVESTMENT TRUST – Mayban Trustees Berhad (page 5 of 2011′s AR)
4. ATRIUM REAL ESTATE INVESTMENT TRUST – BHLB Trustee Berhad (page 15 of 2010′s AR)
5. AXIS REAL ESTATE INVESTMENT TRUST – OSK Trustees Berhad ( page 3 of 2010′s AR)
6. AL-HADHARAH BOUSTEAD REIT – CIMB Trustee Berhad (page 28 of 2010′s AR)
7. CAPITAMALLS MALAYSIA TRUST – AmTrustee Berhad (page 20 of 2010′s AR)
8. HEKTAR REAL ESTATE INVESTMENT TRUST – AmTrustee Berhad (page 32 of 2010′s AR)
9. AL-’AQAR KPJ REIT – Amanah Raya Berhad ( page 5 of 2010′s AR)
10. QUILL CAPITA TRUST – Mayban Trustees Berhad ( page 2 of 2010′s AR)
11. STARHILL REAL ESTATE INVESTMENT TRUST – Mayban Trustees Berhad (page 14 of 2011′s AR)
12. SUNWAY REAL ESTATE INVESTMENT TRUST – OSK Trustees Berhad (page 7 of 2011′s AR)
13. TOWER REAL ESTATE INVESTMENT TRUST – Am Trustee Bhd (page 3 of 2010′s AR)
14. UOA REAL ESTATE INVESTMENT TRUST – OSK Trustees Berhad ( page 5 of 2010′s AR)



How many of the 14 REIT uses Trustee that is listed in SC’s website? ALL !!!Or, let me rephrase the question differently. How many of the 14 REIT uses non-registered Trustee ? NONE !.



Just in case someone might say that this interest scheme by SSM is different from REIT or Unit Trust (since both REIT and Unit Trust uses registered Trustee which can be found in SC’s website), i’ve dug further to the SSM’s interest scheme companies.



There are currently 3 types of interest scheme in SSM, Sharefarming Scheme , Equipment Sharing and this Property Scheme. For convinience, let me list all the companies below, and the trustee they used.
- AZZ MARKETING BERHAD – MY PREMIER TRUSTEE
- GOLDEN PALM GROWERS BERHAD – AmTrustee Berhad – ( http://goldenpalm.com.my/auditors.html )
- PLENTIFUL GOLD-CLASS BERHAD – BHLB Trustee Berhad ( http://www.chgs.com.my/trustee.asp )
- AROWANA VENTURE BERHAD – MY PREMIER TRUSTEE
- SWIFTLET ECO PARK BERHAD – PB Trustee Berhad ( http://www.swiftletecopark.com.my/scheme_why_esris_5key.htm
- EAST WEST ONE CONSORTIUM BERHAD – Equity Trust (Malaysia) Bhd – ( page 10 of the company’s eprospectus here: http://www.eastwestone.com/downloads_eprospectus.html )
- ICT ZONE VENTURES BERHAD – MY PREMIER TRUSTEE
- AVENUE PROPERTIES BERHAD – MY PREMIER TRUSTEE

why these dont want use SC regulated trustee?

something to hide?

u can try ask ict why they dont chose sc regulated trustee

wah their website spread virus

do they provide details financial statement for each quarter?

what auditor they engaged?

what different between buy from member compare to buy direct from company?

What is the fee involve if buy from other investor?

I see from calculation buying from other investor(rm4600) will be more profitable compare to buy direct from company

what mean by the company will refund the ICT investor the total amount invested minus the dividend given received by ICT investor?

What you mean by earn extra 2 year profit at the end tenure?

u mean investor will only get the dividend at 2020?

sound fishy.

this company will buy the stock/pc/desktop from their owner company.

why not buy the stock/pc/desktop through tender? more transparent

Do you know from who did ictzoneventure buy the pc/desktop then rent it to other ppl?

Do you know who is the owner of the company of ictzone?
http://www.ictzone.com.my/pcrental/ICTZone_aboutUs.htm

which mean that mr A basically have 2 company let say company A and company B.

mr a open a scheme using company B name. Then buy the pc/desktop from company A.
Did you see what is the problem lie here?
Did you see any conflict of interest? Why not open tender? Buy from the cheapest pc/desktop supplier?

u also say subsidiary company.

but here, the transaction is not with subsidiary company.

Company is losing money every year? 200k/year?

how the company is related?

do u mean ictzoneventure own 100% of ictzone?

Heard that they doing good last FY.