QUOTE(Berkshire Breakaway @ Mar 18 2014, 12:19 AM)
hello dear dear,
yes the same company
do you know what's SSM? it is just a registrar of companies.
it only shows your company is a valid registered company to conduct business.
on the SSM website, it only lists "Arowana Venture Breeding Management Scheme (AROWANA)" has a valid scheme registered. on paper it looks legitimate.
it is not a "certification" or endorsement that your investment is secure or guaranteed.
it can be good on paper but they can still turn it into a ponzi scheme and make a run with the money.
it is not even a public listed company.
also, what do you mean by "SSM never us woh"? it is not their job
most likely by the time they are alerted your money is already gone.
Dear Mr Buffet,
Seems that you have been out of touch with malaysian business environment. If you read this thread from the beginning, we have already discussed what is a "interest scheme". SSM does more than just a registrar of a company nowadays. For your kind reference, please refer to my post #31 of this thread.
Herewith I quote for your ease of reference
https://www.ssm.com.my/en/press-release/pre...-current-issuesAs to your question on "what do you mean by "SSM never (warn) us woh"? it is not their job". An example of SSM does alert us and take action against directors on failed interest scheme
https://www.ssm.com.my/en/press-release/pen...ad-dituduh-olehPlease do post any further question on malaysian business environment should you have any. I will be glad if you are interested in investing in malaysia. That would benefit malaysia market profoundly. And it is a pleasure to talk to you.
Always of service to my great investment idol,
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