Comments on: Hong Lim Park Roundup

By: Haiboss

Haiboss — Fri, 20 Feb 2009 07:47:59 +0000

Hi LionInvestor,
Is there any way or indicators to findout a bankruptcy company.

By: lioninvestor

lioninvestor — Mon, 20 Oct 2008 02:48:37 +0000

Joe,

in this case, MAS has told the FI not to take an overly legalistic approach. So, hopefully, that might help.

By: Joe-The Retiree

Joe-The Retiree — Sun, 19 Oct 2008 23:37:54 +0000

Hi lioninvestor,

There are many Investment Products docs. that will somehow carry the clause “Terms & Conditions” apply or “Disclaimer”
As an investor, and if we do not really understand those wordings due to lenghty docs. and doubtful clauses as spelt out in some docs. that we really cannot get answers but are in a hurry or pressured by Relationship manager to close the deal. Question is ?are we lawfully covered if we cancel those clauses by signing on to them in the event of any disputes.

By: lioninvestor

lioninvestor — Mon, 13 Oct 2008 03:15:42 +0000

Hi Dorai,

Oilpods investors would probably have to writeoff their investments. Let’s not discuss Oilpods here. Comments should be in the Oilpods posts. 🙂

By: MinibondVictim

MinibondVictim — Mon, 13 Oct 2008 02:27:53 +0000

I agree the minibond investors should do the same. Perhaps we should visit each of the FI one after another eah day for a sit in, or just to “visit” the RM to get update which is legal. The large crowd itself will make our point and gain the FI management and MAS attention.