Hi everyone.

I find this company prove to be as what it is .

Had various account with this trustee. UBB does provide the returned as what they promised.

I had renew my cash trust for another term (3 Years).

during my trial time i just had place minimum amount, now that ive gotten what been promised i decided to place more.

but now my agent is promoting their preservation trust. i find the tenure quite long for 5 years i can earn more in other investment company.

but for cash trust i can verify that its never failed to pay my returned as promised.

just that when i renew they change the projected returned rate.

had the trust deed since ubb cash trust was 30k and 50k.

so far so good. once 3 years done they returned back money, but i just continue the cash trust.

only the penalty is damn high la.

Trust deed holder for cash trust, crisis trust and currently waiting for my opportunity trust deed,

now seeing them improving on their proposal forms, previously its only 4 pages

now planning to do insurance trust w them too.

i saw the post on the edge about cash trust.

but as a client for 6 years now. which i have renew my trust deed for another term, i can gladly say im happy with ubb. during the expiry of my contract, i have requested my capital and they just transfer to me without any issues.

i remember my payout was 7% for the first term, but the second term (expiring on 2023) about 6%. never was up to 36% p.a

if they theEdge claimed to be ponzi, how come all my friends that place with ubb all have good experience w them? i believe, authority will only take action if a group of ubb client go to complaint about the company, so far since that article come out, i dont see any client lodge a complaint.

so now my question is, how to know if they are ponzi or not if there is no official statement from the authority.

if really ponzi im gonna hantam my agent.

i am slightly worried if the rumors turn out to be true, but speaking from experience, i had a good one and im not sure about others.

beside ubb and amanah raya which other trust company provide cash trust service?

Well the only cash trust i know is from ubb. i also heard about DCS but that is called DCS private trust.

tho they did not mention it directly. but indirectly from reading it u know who already.

they mentioned 30 years in industry , also 2.5b trust assets. look up ubb website.

No they didnt tell me. also i know im putting there for estate planning and not for investment, i had my other investment somewhere else which give even higher returns.

yes i receive the 6% and 7% as pure profit. as claimed the return is a projection. since the projection is good thats why i continue placing there because they never failed to pay me.

also my dad been putting quite a large funds with them over the years and few insurance trusts aswell. so far so good . hopefully they keep it that way.

Now im still considering wether to place in new funds or not because of this matter.

Yes 6% for their cash trust, i receive previously.

i saw on their website on new liquidity trust, since entry is low. im gonna place it. but only this time im gonna walk into the office n speak to their officers.

lets see what they have to say or show this time around.

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

oh does it look like a get quick rich scheme?

i donno, but since i set up my trust here for the past 7-8 years now i did get a consistence dividen.

6% a year doesnt make me rich but okay okay la. can pay my car, insurance and among other things la. but takde la terus kaya nak mampos.

now they promoting 10% which is even better, tho seems too good to be true, i still believe them as my trustee, i had my uncle passed away recently due to old age, their family receive the capital not les than 10 days. i think that pretty fast. and their wasiat gonna took a long effing time because family gadoh.

sad to see company kena tuduh mcm mcm on social media. but i guess thats business for ya.

for those dont believe in the company, why bother to pening kepala just avoid it .

as a customer. i find them doing the right thing for creating this estate planning solutions to the public. i would like to see what happen to this company in the next 10 - 20 years. worst case i lose my money. if that happen u all sure laugh at me.

yes saw this last year too. including the MP lim lip eng statement in parliament. it does bug me in the beginning, almost terminate one of the account, but decided not too and wait, so have receive back my capital and replace it again for this promo.

nah not really, i dont know except what they tell me their investment only what is allowed under the trsutee act 1949. not mistaken under the authorized investment clause in the trustee act.

so far i happy with ubb. i hope they dont fucked up la..

Ive recently ask my agent for an update of the case. apparently they receive an injunction over the case.

GUAMAN SIVIL NO: WA-22NCvC-393-07/2022

I would like to see the final verdict from the court regarding this. since been having a few trust account here. i also would like to know from people here with legal background as what will happen in future, (OFC i ask my agent he said injunctions good for ubb mah)

https://www.youtube.com/watch?v=29cuTg4WztQ...l=KeluarSekejap

i had various trust account set up with ubb. so far no issue. have been repeating the cycle and withdraw some funds. so far no issue.

paid as promised, and get my capital without any problem.

ive been approach by different agent from different company saying their product similar to ubb cash trust. only try one of the company. so will see how that one played out. .

This is good news. For UBB ofcourse.

Ive been long enough with the company as a client, thoughout the learnabee webinar i was contemplating to withdraw. luckily i didnt else i would lose 10% of my money..

Such a huge release.

I did heard other trust companies burst. but UBB so far i just receive my 3rd dividen on the 10% product last year. so been enjoying it ever since.

If u heard its gonna boom please share your sources, as i had place it more than 7 years now

looks like the same article 2 years ago been reuploaded

same thing too

https://www.gripeo.com/ubb-amanah-berhad/