I recently came across this group called CAPITAL ASIA GROUP, anyone heard of it before?

Anyone heard of crud oil investment?

would like to know more about it before investing in them.

so if anyone have any or some kind of knowledge about it, please share.

would very much like to hear your point of view before making any wrong moves.

Very much appreciated.

Candice Lee joined Capital Asia Group Malaysia in May 2011, in the newly created role of Sales Director. Candice is responsible to lead the CAGM Regional Office to build the reputation, leading the business strategy for the marketing and product strategy for brand. Candice brings high-level organizational and experience-based leadership to the company.
Candice's primary independent financial background has been grown from her three years experience in Prudential Assurance Singapore. Candice is an independent financial consultant in one of top IFA firm in Singapore. Tough, bold and passion has been motivated Candice departed Singapore to set up her consultant businesses in Malaysia and verified her endeavor by being selected as a speaker for the Malaysia Young Female Entrepreneurs (MYFEN) 2010 in Kuala Lumpur.
Highly enthusiastic in building her growth in company business, Candice has been featured in media in Malaysia such as Entrepreneurs Expose, New Straits Times, Berita Harian and SME Magazine. Candice's passion in building and growing business has been with her for long.
To Candice, in the world of entrepreneurship, you do not need a degree or master; you need a PHD - Pain, Hunger and Desire!

I read your post for few times, yet, I can't find any word written by you that could provide me a direct or indirect answer to TS's initial post.

Who is Candice Lee?

Best way for you to learn more is to attend a session. One is coming up on coming Wed in Subang Jaya. Come with a list of questions and satisfy yourself before you part with your money.

thanks for all the reply.

at this moment, everything is still very much unclear.

prefer to have more insight before attending the seminar.

Thanks

I've got more than 30MB of presentation files in my dropbox. If you are interested, PM me and I will point you to the link.

It seems CAG is a fund raising entity of another fund raising entity, Proven Oil Asia. Other companies in S'pore also works with CAG/POA, Infinity Treasures, Shenton Energy Asia. In Europe, their partner is POC (Proven Oil Canada). All of them r fund raiser for a privately held oil company called Conserve Oil Corp (COC) based in Alberta - POC/POA r actually 100% subsidiary of COC. no idea how CAG/Infinity/Shenton strucutures with POA.

POC also has interesting history n controversies of its own. reported by german's businessweek

http://www.wiwo.de/finanzen/boerse/wiwo-bl...il/7924586.html
http://blog.wiwo.de/betriebssystem/2013/01...n-oil/#more-177

got into court cases with POC. interesting enough, an investor protection law firm has this to post as part of the their service

http://www.resch-rechtsanwaelte.de/C-1214-...Oil-Canada.aspx

derive ur own conclusion n investigate further.

can i have the link as well?

Recently my friend met me and introduced this. I am wondering will this be another big scam project?

She behaves this way, and most forumers know about her/him. You may ignore him/her.

Do you smell scam in this? Please elaborate...

My friend approached me as well... She said everything is black and white stated in the agreement in term of withdrawal of money after invest... I haven't invest yet so haven't got a chance to look at the agreement... Was wondering about this company earlier as well...

everything was in proper, including agreements, data sheet etc... like well planned.

no body knows..

I'm confused. Everything in order and you feel it is a well-planned scam? And with some well-known third party names like Schlumberger, KPMG, etc...

Well, only time can tell...

Their Malaysian office is in Mont Kiara, their HQ is in Singapore.

The Oil Investment is their 2nd project. Their first project & still on-going is a housing development project in Hawaii; Aina Le'a.

CAG is basically just a marketing company, marketing & selling (of course) "alternative" investments vehicles. Basically their clients need funds, so they created a creative means to raise funds.

I can't tell whether scam or not, but I did my homework & you should too before making a decision.

From the ways you asked and responsed, you must be one of their representatives or agents or related to.

I'm a participant in the program.

Just sharing but Caveat emptor. Let the buyer be aware.

I'm invested in it. Just got my return last 2 days.

Me too got my return of 3% per quarter. Silver Malaysia is selling this scheme for POA. You can find detail here. http://www.silvermalaysia.com/index.php/buy/crude-oil. Whether it is scam or not I am not sure but I putting small money to test it out. I think a lot of people worry it to be another Geneva!

Dunno what is written there as it is in German. You can read German?