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Category Archives for Alternative Investments

Profitable Group Under Investigation?

It was reported in Today’s newspaper that Profitable Group, a company providing UK land investment opportunities, was being investigated by CAD. CAD Steps into Profitable Group Case (Today Online) The office of  Profitable Group (Plots) was closed when Today visited it yesterday. The police declined any comments when asked. Rumors of a raid by CAD were […]

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Singapore 2010 Youth Olympic Games Commemorative Coins

Singapore will unveil the world’s inaugural Youth Olympic Games on 14 August 2010. In conjunction with the event, commemorative coins will be issued and sold. $10 Gold Proof-Like Coin 1/4oz of 999.9 gold. Mintage of 5,000 pieces. The $10 Gold Proof-Like Coin features the symbol of the Singapore 2010 emblem and the Olympic rings, which […]

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Assets Wine Management (AWM) Investors Stranded

There was a news report yesterday on the closure of a wine investment company, Assets Wine Management (AWM). Apparently, the staff of Assets Wine Management (AWM) have been uncontactable since around 15th June 2010. AWM’s office at Duxton Road is also vacated. Affected investors have gone on to file reports with the police and CASE. So we […]

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MAS Advisory on Land Banking

MAS has (through the MoneySense program), recently published a consumer warning on land banking investments. The warning highlights the risk of investing in land banking products. It also reiterates the fact that land banking is not regulated by MAS as it involves a direct interest in real estate and not securities (such as collective investment […]

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Hong Lim Park Land Banking Speech

The speech by Tan Kin Lian on land banking can be found here: Land banking speech by Tan Kin Lian There appears to be limited recourse for the first group of buyers as it is really a willing buyer, willing seller transaction. In any case, it remains to be seen whether the original selling company […]

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