Direct investment in oil and gas wells...sounds good!

no more follow-ups? :O

eco-house still remains to be seen? see BT article, still waiting to be paid?

Actually think about it logically and you won't even need to go into its prospectus....

There are big oil companies and small oil companies... and within them are whole platoons of very very experienced oil men. Big oil companies like Chevron finds such projects so uneconomical that they rather spend bucket loads of money in deep sea drilling, drilling in ulu places and even in nature reserves (spending loads on environmental protection) than to drill for these stuff.

Which makes it a rather bad deal isn't it?

(14-04-2014, 10:31 PM)brattzz Wrote: no more follow-ups? :O

eco-house still remains to be seen? see BT article, still waiting to be paid?

Back to my theory "X'. Why would developers need to come all the way to here for investments in Brazil when there are big and rich nation nearby like US and Canada. Furthermore the country is very different say investing in London or Australia.

If i am in similar situation, i will be happy to get half my money back.

these people who invested in brazil all went in with their eyes open, they knew the risks they just wanted to speculate the market, in recent years there's so many news and good examples of how people lost money investing enough to put people on their caution if they didn't heed it means they wanted to do it.

I see when people lose money they always blame and claim they didn't know the risks.

(22-01-2014, 10:21 AM)CityFarmer Wrote: Similar alternative investments attract little interest in VB. Our members are likely more risk averse, love simple investment scheme, and look for certainties, than "stories".

It happened for the previous Brazil's property alternative investment proposal.

Good afternoon everyone.

EcoHouse on MAS Watch List


Singapore’s Monetary Authority of Singapore (MAS) has placed overseas property developer EcoHouse on its Investor Alert List.

The list, according to the MAS website, provides a listing of unregulated persons who, based on information received by MAS, may have been wrongly perceived as being licensed or authorised by MAS.

MAS reports EcoHouse’s registered address as being 141 Cecil Street #02-03,Singapore, 069541, while its operating address is indicated as being Suntec Tower 2 #42-01, 9 Temasek Boulevard, Singapore, 038989.

PropertyGuru understands that a private meeting will take place tonight (Monday) involving a Brazilian lawyer and investors who invested in EcoHouse products through the Wendy Kwek Network.

EcoHouse was widely reported throughout the Singapore media as being the best-selliing overseas property investment in Singapore during 2012, and is thought to have more than 800 individual Singaporean investors, along with other investors from Southeast Asia and around the world.

In February 2013 PropertyGuru reported how the company collected more than S$30 million in investments from Singaporeans for its social housing investments in just 48 hours at its Suntec office opening event.

EcoHouse was not immediately available for comment.

Image: Singaporean investors at the opening of the EcoHouse office at Suntec Tower in 2013.

http://www.propertyguru.com.sg/property-...watch-list

Same old story. The bona fide investment firms trying to manage money properly here are being saddled with extra regulations and costs, while dodgy firms from overseas are free to operate with Ponzi-type schemes targeted at retail investors. By the time these things make it onto the MAS Investor Alert List, it is usually too late for any recovery of the money.

IMHO it would not be too difficult for MAS to require all investment schemes sold in Singapore to appoint a responsible individual who would be liable if there was fraud etc. That would force offshore promoters to appoint a local person who would risk fines and jail. This would screen out many of the Ponzi schemes out there. Why MAS does not do so, only MAS knows.

Disclaimer: I am biased since I run a fund management business in Singapore under MAS regulations.

"PropertyGuru understands that a private meeting will take place tonight (Monday) involving a Brazilian lawyer and investors who invested in EcoHouse products through the Wendy Kwek Network."

woas... so WKN will kanna also? :O
I bet now the brazilian counter party will offer another membership/investment scheme to investors to put in another small sum of money into "BRAZIL WORLD CUP 2044 - SURE MAKE MONEY project" to get the delayed original sum back!!

what a funny world this is!

Anybody interested in property investment in the following cities?

Kaliningrad, Kazan, Krasnodar, Moscow, Nizhny Novgorod, Rostov-on-Don, Saint Petersburg, Samara, Saransk, Sochi, Volgograd, Yaroslavl, and Yekaterinburg

The above cities will be hosting 2018 World Cup in Russia.
Free AK47 for each property purchased.

Buy now before the price goes up in 2018.

This advertisement is definitely unregulated, not licensed and not authorised by MAS.

(07-07-2014, 06:28 PM)d.o.g. Wrote: Same old story. The bona fide investment firms trying to manage money properly here are being saddled with extra regulations and costs, while dodgy firms from overseas are free to operate with Ponzi-type schemes targeted at retail investors. By the time these things make it onto the MAS Investor Alert List, it is usually too late for any recovery of the money.

IMHO it would not be too difficult for MAS to require all investment schemes sold in Singapore to appoint a responsible individual who would be liable if there was fraud etc. That would force offshore promoters to appoint a local person who would risk fines and jail. This would screen out many of the Ponzi schemes out there. Why MAS does not do so, only MAS knows.

Disclaimer: I am biased since I run a fund management business in Singapore under MAS regulations.

The dodgy firms manage to convince "investors" to part their money, and they should be able to convince "naive" locals to be the "responsible individuals" with a small sum of fee, if the requirement imposed by MAS

At the end of the day, on top of a group of "poorer" investors, there are one more group of ill-fated locals to take the blame...

Having said so, MAS should has a better solution than just a Alert List...

I thought we have similar issue with local director in S-Chip. Toothless too in regulatory or accountability.
You walk with your EYES OPEN is always the excuse of not acting. I believe some conspiracy going on.