Chank, could you please help scan and post up the news cutting here? Golden Nest Properties International sound very familiar. Is it the same like the one with the almost same name BH CON-sultant company? Is it K***** H*** again?

This looks like another CEPAT KAYA SCAM SCHEME again. The so-called potential investors found inside the office trying to fill up the document could be ACTORs employed to put up a show. They would pretend to be potential clients whenever a new innocent sucker appears.

This is just like illegal collecting of deposit. Anybody whether openly or privately collecting of cash deposit in the form of investment or loan with a promise of paying out of interest or dividend would require applying to the Bank Negara for a permit in advance. This is a very serious criminal offence. Anybody can always call up the Bank Negara to report it. Can anyone post up the details or brochure materials here? Find out who are behind?

Spread this news to all blogs to warn others.

---

Added on July 13, 2009, 12:11 pmFound this from google.


http://www.mfa.org.my/?forum:golden-nest-p...cam:19428-frm-4

Golden Nest Properties International Berhad bird nest investment. Is it a scam?
Dan78 (ID=22189) - 11 Jul 2009, 12:57pm

Golden Nest Properties International Berhad at Unit A-19-1, 1st Floor Block A Jaya One. No. 72A, Jln Universiti, PJ, where they are offering an investment plan which promised monthly RM200 in 1st year, RM450 in 2nd year & RM900 in subsequent years. With a guaranteed minimum RM3000 yearly dividend if you purchase a lot in the Bird's Nest farm which cost RM24,800. But allowing you you to put down a deposit of RM7,440 (30%) & pay the rest of installment in 4yrs. There was previously a forum on the topic but was messed up after. Just wondering if those that have signed up would give their feed back (especially Scam Victim & Fake84). Cause I have been stupid & greedy enough to sign up myself & am dead worry right now...
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Malaysian Franchise Association, 1st Floor Wisma Motor
339, Jalan Tuanku Abdul Rahman, 50100 Kuala Lumpur, Malaysia.
Tel : 603-2697 1557, Faks : 603-2697 1559, E-mail : secrtmfa@streamyx.com

---

Added on July 13, 2009, 12:44 pm

Monday July 13, 2009 http://thestar.com.my/news/story.asp?file=...9&sec=starprobe
Lure of the birds and nest

Located in a new commercial precinct in the heart of Petaling Jaya is a company that invites people to invest in the bird’s nest business by asking them to cough up RM24,800 to purchase a “lot” but one has the option to buy more lots.
The company known as Golden Nest Properties International (M) Bhd has been operating for 10 months from the second floor of a new office development.
A call to the Registrar of Companies showed that it was registered under registration number 838068-V.
Starprobe started an investigation following a complaint via e-mail from a member of the public who claimed that the returns promised were “pretty high”.
He also claimed that he did not receive his refund of RM100 made as a deposit against the lot as the company said it was made “too long ago”.
A reporter went undercover as a potential investor to the Golden Nest office.
There, he found half-dozen scantily dressed young girls “persuading” potential investors or “assisting” them in filling up the application forms.
According to a company official, the investment has a guaranteed return of RM200 per month per lot for the first two years. In subsequent years, there is a minimum guaranteed return of RM700 per month per lot coupled with an annual dividend of RM3,000.
She claimed there were only 600 lots left to be subscribed and that they were going fast.
Once the lots were fully subscribed the company planned to list, she said, adding that the lots would be worth much more post-listing.
At the office, there was also a funkily dressed man addressed by the rest as “Datuk”.
He was there to answer any difficult questions posed by potential investors.
Another reporter, who made a follow-up call to the company with the allegations from the complainant, spoke to another company official who said that there was a 10-day cooling-off period for refunds of deposits.
“If it’s more than 10 days, a depositor will not get the refund,” he said.
The official also said the company was not offering the public shares but selling properties in which bird’s nests were being cultivated.
He said the company had properties or “farms” located in Klang and Sungai Petani and others in Johor and Malacca and was thinking of listing five years down the road.
“We spoke to the Securities Commission earlier in the year on our plans for listing and they said we need to come out with a prospectus. We cannot do that as the company is less than a year old,” he added.
He said if the company was approved for a listing, the lot owners would get share subscription forms.
Starprobe checked with the Securities Commission where a spokesman said there was no formal application or approval given to Golden Nest in its records.
The Golden Nest official said the properties owned by the company were existing properties that were under renovation.
“The RM200 returns promised in the first two years before the properties are operational will come from the proceeds of bird’s nest sales,” he said.
He said in subsequent years, the projected minimum income of RM560 per month per lot would come from harvesting the bird’s nests from the lots owned by the owners.
He said each farm had 1,260 lots of which only 48% or 600 lots were being sold to the public. The remainder would be owned by Golden Nest.





This post has been edited by Lucas 1: Jul 13 2009, 12:44 PM

I was in Seremban's workshop and we were to believe that the New Federal Law will allow present BHs to remain forever and are given grace period to follow some guidelines. Unless, our Fed. changes what have been discussed and approved @ the workshop, we, the BHs @ Town are safe from harm. We don't know what will happen tomorrow as we live Today and hope that what's transpire @ Seremban is not just a play by the PM.

I believe that you must be joking that alot of BHs@town are selling below market price and by the way, do we really have a market value for BH @ Town? Here, we have one buyer offering Rm4M for a BH@Town having over 6K nest and the owners are not selling. The federal Government will protect BHs@Town for the future of this industry as this is a God's Gifted present for PM and Malaysia. Using so little land and investment but able to support so many other businesses and also will be able to help our employment problem not to mention export earning in the top 3 in the very near future.

Our poor rural Malaysians in kampong or even in kebun will be the able to make money if this industry suceed....

Simple calculation.

one BH @ town having 6K nests will produce 12k chicks each season and multiply them by 3 times per year and you will be looking at 36K new fledged birds looking for new home to make nests. If there are a 1k if such BHs @ town, imagine the number of new birds going out looking for new homes.Figure it out and you will see it is 36 M new birds looking for places to stay and we are only taking about 1K BHs @ towns, and what is the total number of sucessful BHs in Malaysia and then do the simple calculation above and you will see that what PM's dream can be fulfilled very easily and that's is to make Malaysia No.! producer of EBN in the world and at least NO.1 export earning for Malaysia. Support and cooperate with us , BHs @ town and we shall oh! no!!, I should say that we will definite see a very bright future for Malaysia, Golden Malaysia, a paradise for swiftlets and obviously EBNs.

Calling and appealing to all BHs in towns, do allow the birds to reproduce, multiply and harvest only after fledgling as we are not only doing our moral obligation to the "birds of God" but also for Negara KU, Malaysia.

Look like all the old bird here still keeping the secret of swiftlet farming,and no wish to share the golden experience here.

I suggest you do some reading to get some idea how to diy your bird house. Dr Christopher's book and Pak Hen's Strategi Jitu Memikat Walet are good books to start with. If I were your sifu, I need to go to your place to study the site and propose the bird house.

If we are going to keep secret from newbizs, why do you think that we are still posting here for what?? We are not been paid and I don't think that I can learn much here except the latest news and new equipments of the trade which I really don't need but most importance of all, I am here to share and to make new friends and to make sure that Swiftlets, our Choy San, God of Wealth are taken care off correctly .

If brother SeeSang has already told his view on your diagram, like your entrance to your BH is already a problem and then your path to your nesting area is also not good, try to correct it if you haven't done your BH and if you have, do some modifications on it so that the flying path into your nest ing area be better. If you didn't correct it, it only less changes to be successfully.

In my opinion if I may add is that if you are building a BH's entrance, the entrance should allow easy flight for the birds to enter to your nesting area: failing so, you shall have difficulties in drawing in the birds. Many newbizs just forward diagrams for the fun of it and not really need the advice or some are not even in the buz. I believe in your area, you must have some friends in the trade to give you on site suggestions on your BH and with my above notes, you should have no problem in designing a good entrance. Conditions for good BH has been discussed long ago and that you should know the requirements fof BH. With that information and your view of the location, you shall determine the correct entrance position and entrance for the swiftlets plus you got friends around. Even with that, you may later find that you need to do repair as you may forget to consider some minor things like the wind or the light during the initial stage. If setup is so simple like just listening to postings, then just buy a book on swiftlets and you will be a self made Sifu already. There will be many cuts and wounds all the way. although some may have all the lucks all the way.....slim chances.

There won't be some many failures in the industry and just that with all informations gather here and around, you be wiser and changes of success will be greater. Like if you go to a specialist and the Doctor tell you that you have only one month to live, do you believe in him totally and if you do, then you are a nuts because if you have given away all your wealth to others and six months later, you are still alive and well....what will you do. Go back to the specialist and ask him why did he make such a wrong diagnose . He will tell you that it is your mistake for we, Doctors are not GOD, we do make mistakes and you should have seek second or third opinions on the matter before jumping to conclusion. This is a true story, my friend.

This post has been edited by West Wing: Jul 13 2009, 06:29 PM

Lucas1, This is the full report.

but i think of not much use, if we can translate it into chinese (the majority of shui yu will be chinese!!) then will be of better help. thats why we need to spread it by telling friends n relatives to be aware of this scam.



http://www.thestar.com.my/news/story.asp?f...9&sec=starprobe



Monday July 13, 2009
Lure of the birds and nest

Located in a new commercial precinct in the heart of Petaling Jaya is a company that invites people to invest in the bird’s nest business by asking them to cough up RM24,800 to purchase a “lot” but one has the option to buy more lots.

The company known as Golden Nest Properties International (M) Bhd has been operating for 10 months from the second floor of a new office development.

A call to the Registrar of Companies showed that it was registered under registration number 838068-V.

Starprobe started an investigation following a complaint via e-mail from a member of the public who claimed that the returns promised were “pretty high”.

He also claimed that he did not receive his refund of RM100 made as a deposit against the lot as the company said it was made “too long ago”.

A reporter went undercover as a potential investor to the Golden Nest office.

There, he found half-dozen scantily dressed young girls “persuading” potential investors or “assisting” them in filling up the application forms.

According to a company official, the investment has a guaranteed return of RM200 per month per lot for the first two years. In subsequent years, there is a minimum guaranteed return of RM700 per month per lot coupled with an annual dividend of RM3,000.

She claimed there were only 600 lots left to be subscribed and that they were going fast.

Once the lots were fully subscribed the company planned to list, she said, adding that the lots would be worth much more post-listing.

At the office, there was also a funkily dressed man addressed by the rest as “Datuk”.

He was there to answer any difficult questions posed by potential investors.

Another reporter, who made a follow-up call to the company with the allegations from the complainant, spoke to another company official who said that there was a 10-day cooling-off period for refunds of deposits.

“If it’s more than 10 days, a depositor will not get the refund,” he said.

The official also said the company was not offering the public shares but selling properties in which bird’s nests were being cultivated.

He said the company had properties or “farms” located in Klang and Sungai Petani and others in Johor and Malacca and was thinking of listing five years down the road.

“We spoke to the Securities Commission earlier in the year on our plans for listing and they said we need to come out with a prospectus. We cannot do that as the company is less than a year old,” he added.

He said if the company was approved for a listing, the lot owners would get share subscription forms.

Starprobe checked with the Securities Commission where a spokesman said there was no formal application or approval given to Golden Nest in its records.

The Golden Nest official said the properties owned by the company were existing properties that were under renovation.

“The RM200 returns promised in the first two years before the properties are operational will come from the proceeds of bird’s nest sales,” he said.

He said in subsequent years, the projected minimum income of RM560 per month per lot would come from harvesting the bird’s nests from the lots owned by the owners.

He said each farm had 1,260 lots of which only 48% or 600 lots were being sold to the public. The remainder would be owned by Golden Nest.

---

Added on July 13, 2009, 7:54 pmBrother,

not that no one wants to help u. by just showing a farm sketch and ask ppl to comment, for what?.

So, u want to ask if this is a good design?.

Well, no.

but i have seen a similar design and the farm did quite well too!. 4 years 400+ nests. to me is ok as at least he see continuous nest growth of average 10 nests a month!.. and among the farm there (3 farms total), this farm is the Top and it is not the first!.

but then this will not be my selection of design i adopt to my farms though...i dont wish to try my luck.

In swiftlet keeping, there is no bad designs that quaranteed u fail 100% and there is no good designs that quaranteed u success 100%.....we choose the most frequent n most suitable design and still know that it will not 100% quarantee it will succeed to attracts many birds.......that the true real facts....can u take true facts??... can u open up your mind to listen to real hard facts that will knock you out of your wonderland where in this wonderland, everything do have a solution to quarantee u success.....

If i talk some more here, i guess i will break a lot of industry players rice bowls...so, lets just keep it as a secret.


so, how?. more confuse?....do some medication to clear your mind!. oops...not medication but meditation!..hehe...

This post has been edited by ChanK: Jul 13 2009, 08:05 PM

hELLLL lUCAS1 OR WHATSOEVER!!!

Been waiting for your call as i challenge you the building of bird house where i built first and you pay later when got nest....But you coward back and never reply me....NO MONEY ARRR!

PLEASE CHECK PROPERLY THE COMPANY NAME......TODAY WAS PISSING AT ONE OF THE SURABAYA TOILET....THE TOILET NAME IS L**** IS IT YOU MANUFACTURE IT WHERE EVERYDAY PPL PISSING AT YOU....IS IT L****1 the so-called informer or the SAB-otaj L****1 again arr?

Maybe we should write to the STAR paper to expose another "cepat kaya scheme" for the Birdnest industry i.e. the Ecoparks in Johor and other states. This "cepat kaya" scheme is worst than the Golden Nest Properties because the Ecopark pepetrators are greedy and ruthless willing to use "dirty tactics" to collaborate with State Government Officers(some are high ranking) to legalise their unworkable, economically non-viable business, then passing Legislation in the state assembly to stop thousands of legitimate Birdhouses in the Town areas. This environmentally friendly Birdhouses in the Towns, built by resourceful, hardworking Swiftlet Farmers who through their hard earned money, blood, sweat & tears Pioneering this wonderful God given "Blue Ocean" business. In one stroke of the pen, this Greedy, unprincipled, Mother selling Bast**** want to destroy all the Billions of Ringgit Investment and a God -send Birdnest "Blue Ocean" business! We all know they are doomed to fail because Truth will prevail. I am also happy to note the our YAB Prime Minister Datuk Seri Najib rating in the first 100 years has jumped to 65% i.e. becoming more popular. As Birdnest farming strong supporter, our business savvy Prime Minister has supported the Township Birdhouses because he has the wisdom & foresight to see the TRUE POTETIAL of this Birdnest business which is truly "Blue Ocean" because there is VERy Little Competition! Also with proper support from Government, this business & its spin offs can be in Billions & Billions of RINGGIT, even EXCEED our Crude Oil revenue in say 20 YRS from now, and all Malaysians, irrespective whether Malay, Chinese, Indian, Kadazan, Iban etc can benefit from this business. This is truly a 1Malaysia business. I hope YAB Prime Minister can put a stop to the little "Napoleans" in the State Government and Ecopark pepetrators who are hell bent to destroy the Township Birdhouse using unfair Legislation! To be continued!

Yo... mr tang, how are you and your bird's house? Long time no hear but Lucas1 still remember me as i remember him as one of the coward that do not even dare to take my challenge when i don't even collect a cent to offer build his bird house until his bird house got nest.

Can you PM me for your email address? I have modified a few design for your review. Secret of swiftlet farming you can't get it from here as all are keeping for themselves. This forum is a sabotaj forum. So enjoy it while you can.

Westwing, how are you doing in Kemaman? I still owe you and i remember. only that i have to meet you in person soon as i am away dealing with Indonesia government regarding bird's nest industry, export and import. I'll be back soon and will go to Kemaman to see you.

i beg to differ? i had started reading the forum from v1(halfway?) - v2(now) bro seeseng,lucas,westwing,lucas,chank....... has always been sharing a lot of innovations loh......... i think reading this has been more informacial than most books loh........

btw bros, which place conducts seminar in eng/chi? coz im not versed in bahasa melayu

Another secret of swiftlet farming...EM. Please try it out and tell us more about the outcome!

What's EM?
http://en.wikipedia.org/wiki/Effective_microorganism

For those who are interested in applying EM to your BHs. you can get

them from:-

J-BIOTECH
- Ready-to-use EM for $7/Litre

Work: 07-2411814
Fax: 07-2411812
#G- 17, Park Avenue Commercial Center
Jalan Mawar 4. Taman Tampoi Indah II
Johor Bahru,Johor


BIO-BOOSTER
- lngredients of EM
No.18 & 20,Jalan Sri Perkasa 1/5
Tmn Tampoi Utama, Johor Bahru,Johor

Tel: 07-2414020
Fax: 07-2412191

Add
1L bio-booster(Lactic acid bacteria,Yeast, Phototrophic bacteria)
Add
1L Molasses

Add
18L Dechlorinated water then
fermentation 5-7days and in between release gas every day.







.

This post has been edited by swift4ever: Jul 13 2009, 11:19 PM

Hi Brother!

Thank!i know how to do.....
that is what R/D stand for,in swiftlet industry,everything is possible.
i have seen one BH at taiping the roving room only 4 x 4 feet and only double story,beside it still lot 5 story BH,
but it still successful......
Thank for all the advice.

Mr Kelvin Heng,

Are you sure you admit you are the K***** H***? This name, K***** H*** was PMed to me. I didn't know what it stood for.


By the way, since you are back, just to check with you, is there another person having the same name, 'Kelvin Heng'? There is news that there are many people including a retired captain, a Mr Khor, a Mr Teoh and many many more from Sungai Petani, Alor Star, BM and Penang are looking for this guy. May be you can help? Thank you.

Hmm it me alright, i take their nest and run.....oh better still i got so many nest there want to steal from me.....the captain....mr tan stay in bukit utama.....whom my workers are spitting his name everyday...

Mr Khor...whom i help when he owe loan shark....and who the hack is teoh....never heard of it...even it excist also might be a sucker only....so lucas....since you are familiar with sp.....pg and bm...tell me who are looking for me in pg? and bm or alor setar?

I know when i say your name ...mr lee, mr kok and mr sim......all looking to yam cha with you...not to mention your good fren hairy cock.

so how....maybe you can help me out..is there any nick name lucas2 in here?
thank you and have a nice day.

so how abt the challenge?

let me call khor and see whether he is looking for me..

huatlee,

there are plenty of this so called investing in SF by lots...

no point to write all of it here,

if want to help, just post your experiences in investing forum to warn ppls to be warry of this scam.

There is one in KT n in many states which also ask ppl to invest in building SF by promoting so called High Tech SF and they too gives out rosy forecast of ROI to attract ppls to invest.


Tangn, good luck.

Hey guys looking for quatation for this sort of building, how much does it cost to build this sort of building. Contacts for contractors would be very much appreciated.

By throwing simple question here and sitting in front of computer expect to get free and good answer ???????
Fat Hope la ..............
People are paying few thousand to few hundred thousand and spend a lot of times sometime also can not resolve the problem.......
Bro.... Be common sense a bit la ...........
Enlighten you a bit free of charge is enough what else do you want ??????

---

Added on July 14, 2009, 11:56 amWah piang..........
Pay money online can not ???????????
Must go Kemaman then only can pay ????????????
Now already 2009 must upgrade a bit la ...............

---

Added on July 14, 2009, 12:25 pmGot one cheap double sty leasehold BH 600 nests property value 300k plus available for sale at Rm 680k in Melacca. Any investor interested can PM me. Expect cash needed is Rm 400 to 430K by getting loan Rm 250 to 280k. Monthly harvest is around Rm 5k. If compare with Rm 680K loan with current rate 3.85% (BLR-1.7) monthly installment only around RM 3.54k permonth for 25 years, So your net income permonth is RM 5k - RM 3.54k = RM1.46k upon purchase the BH, if the nest price maintain RM 3.8k to RM 4k and nest increment 200 nest peryear you are making more money at that time. Worth to invest ..........
And don forget to give me 2% commision

This post has been edited by tongserseng: Jul 14 2009, 12:28 PM

I can understand why you posted such reply. It is because you lack of patient /manner and you expect the sifu here oblige to respond to your query within 24 hours. You posted your query on 11th 3.54pm, seeseng responded on the 12th. Not satisfied with it, you accused the old birds keeping the secret on 13th. I wouldn't want to behave this way if I were to ask for info/knowledge from a public forum.

Based on simple calculation above, whoever sitting at the high chair in aircon room reading this must know or at least care for the rakyat to try to understand the risk that investors are exposed to in this industry.

Property value of merely 300k selling at 680k with nests of course. 400-430k by cash! Bank will only loan 250-280k based on bank evaluation purely on the property value.

Did you see the risk that investors are exposed to in the event anything happened by a stroke of a pen or anything happen to the property due to unforseen circumstances?

People whole family heads are on the chopping board if beloved government making sudden u-turn.

Hope and pray that our beloved new PM awares what happen at ground zero, and not mislead and disillusion by false reporting thinking money can still drop from the sky by simply relocating the bhs.


This post has been edited by Bobby C: Jul 14 2009, 04:29 PM

Thanks God that you still remember me and I sincerely hope that we will meet again but no " Yu San Nia". Really, we could have been good friends and have alot of buz cooperation if you keep your promises to me cos I don't mind helping you with followup problems solving but not on money matter, please......you got time but I don't!

Wishing to see you again very soon in Kemaman if what you posted above is the truth. Best of Luck in your new venture in export/import of EBN with the Indonesia Government.