then pls keep ur money , personally i don recommend quest.net thingy....

better don risk urself...

take a look at my signature for internet based investment

Anybody Heard of Gibline.com..

Anyway theres another thing I'm going into.. just might want to share.. Its reported to do well in the industry and some say it might be going to be the next utube or googles thingi... well I'm trying my luck now.. got some earning though

u don hav to inform everyone about it....in every thread....
btw, don revive old thread....

http://www.sc.com.my/ENG/HTML/licensing/in...Alert_list.html

still got free lunch in this world ?

if got cimb and public bank can bankrupt d

Warning From Securities Commission of Malaysia

Dear Sir,



We refer to your complaint regarding Sunshine Empire. We wish to inform you that Sunshine Empire is not an entity licensed by the Securities Commission ("SC" ) of Malaysia. Individuals or organisations engaged in the securities or futures industry in Malaysia come under the regulatory oversight of the SC and must be licensed by the SC for any activities involving dealing in securities or futures or providing investment advice or fund management services related to securities or future. Investment schemes offered to the Malaysian public involving securities or futures and options that are operated by unlicensed entities would be in breach of the law. The SC will take action if any person/s are found to be in breach of securities laws. For details on entities licensed by the SC you may wish to refer to our website at www.sc.com.my.



We have also verified the status of Sunshine Empire with the Ministry of Domestic Trade and Consumer Affairs, and have been informed that no license has been issued to Sunshine Empire to carry out multi-level marketing activities in Malaysia.

We would appreciate it, if you could provide us with more details of the nature of the investment opportunity offered to you including any documentation or information you may have received from the company to facilitate further review of the matter.

We look forward to you reply soonest. Thank you.

Yours sincerely,

Securities Commission

Investor Affairs & Complaints


-----------------------------------------

News from Oriental Daily News - Translate Version

(Kuala Lumpur, on the 13th) - Securities Commission (SC) and the National Bank (BNM) while repeatedly reminded the public not to be approved investment in the absence of the high investment returns, but such investment company continues active. At present, under the "need vigilance," the number of companies it had reached 68.


According to the Securities Commission to provide oversight to the latest data suggests that there is no access to the Commission and the National Bank approval to the sale of securities or to provide investment advice and fund management companies or among several website, as many as 68, and Sunshine Empire is the latest of which was included in the name.

Several readers also provide information to this newspaper that a company called Sunshine Empire to provide substantial returns dollar investment plan. The sale of the company bought three kinds of ancillary sell fiery, dramatic increase in the number of members, are among investors mostly ethnic Chinese.

Securities Commission accept the "Oriental Daily News" inquiry, pointed out that the Sunshine Empire no operating license fund management or investment advisory services. By promoting public investment companies before identifying the background. Securities Commission spokesman said that in the absence of licenses available to the public under the securities or futures investment company, is in conflict with the Securities Act at all.

This pyramid schemes claiming to be the transnational companies in Malaysia to set up nearly one year to members of pyramid investment to the supremacy of charge from 600 million ringgit of ringgit funds, and then regular monthly cash distribution to the members and agreed to 10 months "to the" can be described as lucrative.

The National Banking and Securities Commission unanimously denied a license to the company by pyramid schemes, pyramid schemes and said that the company is monitoring the activities and mode of operation; The Domestic Trade and Consumer Affairs Ministry said, the company only to companies registered with no direct access to operating licenses MLM business.

On the other hand, as a central bank Monetary Authority of Singapore (MAS), also means the company has not received license approval. The Monetary Authority of Singapore has been on the website, to the company as investors need to be wary of companies. Malaysian National Bank spokesman clarified that the country will not permit this to the company, allowing the company to collect deposits Member (deposit taking), the trip has been an investigation on the matter, currently overseeing the company's operations and activities. "Member companies taking deposits, the country should apply for a license, but they did not do so."

He said that to investors or members of illegal taking deposits, consistent with 1989 banks and financial institutions Act 25 (1) the provision. As countries, the process is still collecting information at this stage-country trip only issued warnings, urged investors to stay away from these investment company. Under existing law, once convicted, is liable to imprisonment of up to 10 years or a fine of 10 million ringgit, or both.

may i ask em-pay still alive? still running?