MBI / MFACE . MFC CLUB / M COIN, bila nak mampus? 
Feb 23 2018, 08:56 AM
QUOTE(GrowTentProject @ May 13 2017, 04:07 PM)
definately ...
penang shopping mall ... even hotels, one near gurney bought by them ... everytime bring chinese tourist in and big group stay there for free ...
that hotel, not doing well on its own, location not good and stiff competition from many other hotels there ... since mbi took over, its better for them i guess ??
again, its like a bubble waiting to pop ... now just over inflating the good news and good things (like cash returns, points to redeem free holiday etc) ....
there is another one, Mamasan Captain or something ... sounds very corny, almost the same as MBI, i saw some restaurants accepting that, and travel agents promoting tours accepting that points currency
MBI business is like a close loop. Encourage member to spend on his own business. penang shopping mall ... even hotels, one near gurney bought by them ... everytime bring chinese tourist in and big group stay there for free ...
that hotel, not doing well on its own, location not good and stiff competition from many other hotels there ... since mbi took over, its better for them i guess ??
again, its like a bubble waiting to pop ... now just over inflating the good news and good things (like cash returns, points to redeem free holiday etc) ....
there is another one, Mamasan Captain or something ... sounds very corny, almost the same as MBI, i saw some restaurants accepting that, and travel agents promoting tours accepting that points currency
But the problem is,
1) spending too much money.
2) took over macam macam company without checking the business. When economy bad and member not spending, not sure how MBI will bail this company.
3) spend on luxury to show off. This will lead to corrupt by inside people. Slowly korek till dry.
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