Withdraw within 6 months will have 10% revocation fee. No penalty after that.

I don't trust all of these. Soon will bye2 de1....

its good 8 years with ubb different account i have with them

liquidity trust
crisis trust ( gotten back my capital as ended d)
cash trust
opportunity trust

all i can say as a client of ubb i have been enjoying the returns given.

back then all my friend told me its a scam now they all signed up since they see me earning from my own trust account.

so for those who dont believe i believe one day u will wanna sign up too. time will tell. this quarterly payout is even better as i can use it to pay rent for my businesses

Don’t forget it is not even SC regulated so they can go bust anytime 🤦‍♀️

Any cash trust giving more than 5% pa is fishy as hell while the so called trust can incurred losses without anyone knowing about it

do they have an annual report? are they audited? what do they invest in to produce the returns? hmmmm on their website, their license is from Labuan FSA...and SSM... this doesn't really inspire much confidence tbh...

I think u are referring to this?



Any1 any thoughts?

Previously for their other trust scheme, it did state the "annual fees" amount.
The returns of this this current scheme is said to be 9-11%, IF, PLUS Annual fees of 4.5%, ...then for this current trust scheme, the company will hv to make a return of about 13.5% - 15.5%pa for money deposited.

This post has been edited by MUM: Jul 24 2023, 06:03 AM


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I don't know but by searching the company name there are some red flags here and there since 2018. However I don't see any actual reported scam made official. It's really a dilemma.

Just a note though,
There had been past postings from forummers mentioning that they had been receiving returns from UBB without issues.

This post has been edited by MUM: Jul 26 2023, 05:26 AM

UBB got many red flag on the internet, but surprising those who actually signup their package have no negative comment from them. so i guess all this red flag on the internet is very much competitor sabotage .

There were some action made by the parliament about the then "trust funds" products.
Refer to Page 11, post 219 by forummer aeiou228.

a scheme, legal or not, can continue for a long time. Those who didn't get impacted really have no reason to sabo own investment right?

What's unique about UBB's offering is that traditionally cash trust is used for estate planning, not really for investment. This is impressive work by UBB really.

i saw the issue is raised, but i dont see anyone objecting it. Because this industry seem to have many unqualified/unregulated agent it seem it is the cause that makes trust company with bad name.

yea it is estate planning, but typical malaysian dont know what is estate planning some layman even think is is estate agent (sell house). i guess the agent promote it in Fixed Deposit/investment style to approach customer for them to understand the concept of estate planning. but the question is are the red flag really a red flag? cause people that subscribe to cash trust so far have no issue. market have many trust company other than ubb, i dont see other trust company have issue as well. so far everyone seem to get back their promise on trust deed.

sorry guys to ask so much, my dad want to invest in their product but ask me to do research, when i search online i found these so seeking some help around here.

Disclaimer: Please don't listen to me, as I am just simply talking nonsense in this reply.

Just invest sahaja if your dad got no other alternative investment choices... why worry so much. It is just money to begin with... anything goes wrong, still have the kids to help out (ie you).
a scheme, legal or not, can continue for a long time. remember Madoff's funds?

In fact, I last week told a friend of mine that there is no harm in putting 10 to 30K rm, because she was really fixated with it until crazy. Its only 10K... (I did tell her whatever she throw in is what she can afford to lose).

Its like me itchy hand 2 years back bought AAX, knowing it was damn close to bankruptcy. hand too itchy, but luckily sold recently...

I am not saying UBB will hv issue or not hv issue in future.

Just that I am very cautious when /if someone uses this phrase to make decision or promotes it.
" the question is are the red flag really a red flag? cause people that subscribe to it so far have no issue?"

Real example,
There was a company established in 2009 and since 2013 had for investment product that had been giving consistent 3%-7% roi every 5 weeks without any withdrawal issue.
Many red flags had been raised by many people and even authorities had also tell its citizens to be alert about that company.
Alert is just alert, not a ban.
Red flags are just warning without proof of imminent sure failures.

So investors keep on investing in it and had been compounding and adding more to reap the rewards.
1k USD if keep compounding for 10 years will most likely become a million usd.
If keep for another 10 yrs will become about a billion USD too.
That was what were told and projected to be.

In reality, .... in about a decade later, in Dec22, it, .....

BTW, that company even till now is still operating, platform still active for people to exit and the company is still promoting new investment products too

This post has been edited by MUM: Aug 4 2023, 01:09 PM


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hi i would like to create a new ubb like style scheme.

But I need cash flow, I have ready clients to deal with. My projection return is 24% per annum. is safe and guarantees your capital.
my business method is to borrow to corporate only the maximum period loan is a 24-month short-term loan. with a 1 to 3 ratio of collateral.

in a real case scenario is confirmed doable, if you think UBB giving 10% is so BIG, they are actually giving you a peanut only.

While the bank is just giving you the skin of a peanut. Bank Earn a lot more than you can imagine, if not how they can say bad, and yet earn many times more in actual result?
24% is easily achievable with no doubt.

great. under what legal vehicle are you thinking of creating this under?
deposit or investment taking must be regulated... else too fishy.

bank give FD - got protection.
UBB give 9-11% "projected" return. got protection or not?

by the way, old fag get 6% ma rugi? they won't be mad?

This post has been edited by TheLegend27: Aug 18 2023, 12:30 AM

well if you go around the big boys, is getting common. the bank has their client, and certain things to fulfill. and because some are unable to fulfill bank requirements/ or other factors, this will lead to new sales in other locations.
who cares the old fag

even the funding society interest not low either

I see, so this is the 'thing' my mum keep asking me to join few days ago.

Someone introduced this to her 3 years ago, and she has been receiving the 'projected return 10%' every 3 or 6 month.

I think she just renewed for another 3 years.

For my risk appetite, 10% return is too good to be truth. Our KWSP should learn from this smart company.