I just went attend for the talk yesterday.
I have deposited some amount and gonna see how can they generate the income for me. In other words, "test water".
According to them, its backed by SSM and the profit will be generated on weekly basis.
They have a guaranteed fixed investment return, but i did not take up that investment.

And yes, just like one of them mentioned, its backed by Yong Tai Berhad. Should still be safe as of now since its quite new to the market.

ytbcap.com/program-structure - this is the program which is under ytb which one of you mentioned earlier. The profit is 6% (guaranteed) + x% (non-guaranteed).

For the one i invested in, its daily profit of 0.10% (est.) And for the one i invested in, i did not sign off anything. Its basically a website where kyc is required, just like how you open an account with broker.

For the asset investment, there is S&P to be signed off by both parties. Loan processing through the banks. For this asset investment, quite a big amount (just like housing loan), so i did not take up. I am still sceptical actually. Attend the talk/presentation few times, i wasnt quite impressed tbh. The vibe is macam skim cepat kaya, siapa cepat dia dapat. But surprisingly, even a top insurance agent (quite high ranking) also joined and manage to pull their client to join in. It seems very promising. But again, i am scared to put in large amount of fund.