how do they test the purity of the gold? i heard some gold is wrap with gold on the outer layer only, and metal inside. i am  just curious only...

they have a gold testing machine.. From density, weight and purity. If a coin or bullion, to sell is easy because the solid weight it have rather than jewellery...

yeap, i agree that the business model is questionable, there's even alot of topics about this in LYN itself, but most of it is either "sales consultants" trying to sell it with a MLMer behavioral style, or people refuting it based on its' questionable business model itself. what i really need is real example of people getting trapped, i myself is not interested in this scheme.

For your info, GENNEVA Sdnn Bhd (592576-A), (formerly known as Dimensi Sentosa Sdn Bhd) was incorporated in Malaysia under the Companies Act 1965 to conduct gold bullion trading business in Malaysia using GENNEVA’s unique concept. GENNEVA has complied with Section 21(1) of BAFIA 1989 (Banking and Financial Institution Act) relating to factoring and leasing business and has acquired the status of a scheduled business. GENNEVA Malaysia is also a reporting institution under AMLA 2001 (Anti Money Laundering and Anti-Terrorism Financing Act). GENNEVA Malaysia’s a business model is based on the Syariah principle of “Al-Bai” (sale and purchase). To make the transaction more attractive, GENNEVA Malaysia rewards its customers with discretionary payments pursuant to the Syariah principle of "Hibah."

 

1. minimum how much do I need to have to start investing in Genneva?
Minimum 50gm.

2. is there a centre I can go to to ask more questions?
Our HQ located at Kuchai Lama. The address as below:
No. 52A-1, Jln Kuchai Lama Maju 6, Off Jalan Kuchai Lama 58200 KL.

3. how to start investing in Genneva?
RM209 / gm is today price. Gold-BEAM ( The Gold Bullion Entrepreneurs Association of Malaysia) will be provided daily recommended retail price for our customers. GENNEVA Malaysia rewards its customers with discretionary payments pursuant to the Syariah principle of "Hibah (as a gift)."

Our current promo as below:-

NEW PURCHASE HIBAH RATE FOR Chinese New Year PROMOTION (until end of this month)

GOLD PURCHASE        HIBAH        PERIOD 
50g to 95g                1.8%          4 Months
100g to 995g            2.0%          4 Months
1000g & 1995g          2.2%          4 Months
2000g & Above          2.5%          4 Months

4.  any sales person I can contact to have face to face chat about Genneva?
You can call me anytime.

Please do not hesitate to contact me should you have any questions.

Thank You.
Best Regards,

Simon Kong
Business Development Manager
GENNEVA Malaysia Sdn Bhd
Website: www.genneva-world.com

Hi
Can anyone here (who has the knowledge or experience) suggest to me what to do / if I can do in my case:
1. have 1oz Canadian Maple Gold Leaf Coins (these types)

2. Bought this almost 20 years ago but are MINT (ie kept in dry box safe) hence pristine looking
3. Have lost the purchase receipt. Bought from Spore OUB

Question: How do I sell them for cash - not that I want to now - but how and where is my question.

Many thanks 

got email reply back from genneva:
u sure u're not interested?  

Not attractive at all.
First their gold price is too high compare with bank and goldsmith shops.
Nowdays, gold price increase like 20% per year and their Hibah is lower than 10% per year because when you sell back your gold bar to them you will only able to take back the price you paid. If you sell to goldsmith shop you lose at least 40% of the price you paid for that gold bar.

Hi
Can anyone here (who has the knowledge or experience) suggest to me what to do / if I can do in my case:
1. have 1oz Canadian Maple Gold Leaf Coins (these types)

2. Bought this almost 20 years ago but are MINT (ie kept in dry box safe) hence pristine looking
3. Have lost the purchase receipt. Bought from Spore OUB

Question: How do I sell them for cash - not that I want to now - but how and where is my question.

Many thanks 

There u go...goldchan is here to buy your coin

hi...anyone here wanna sell their gold coin or bar...not more than 20gram...do pm me....penang island....thanks.

if i were you i would keep this coin unless you are great need for cash..

hi...anyone here wanna sell their gold coin or bar...not more than 20gram...do pm me....penang island....thanks.

Can anyone recommend a few gold ETF that I can buy? Popular ones with high trading volumes.
Thanks.