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

999 Gold : RM200.00/gm 
916 Gold : RM190.00/gm
835 Gold : RM174.00/gm
750 Gold : RM156.00/gm
375 Gold : RM84.00/gm
 
Last updated on 7 Mar 2012

gold is dropping like rain...would it drop further?

Hi Jeff, suggest you to open gold saving account with UOB Bank. Overall, the best gold saving account against other banks (lowest spread rate, lowest buying price, highest selling price)

You can open gold investment account at public bank, cimb, maybank or uob

Will gold price achieve USD2000 by 2012?
Time to change question to "Will Gold Price touch USD1400 in 2012?"