Recently, there has been a spate of discussions on ST Forum about the extend that investors should be protected from investment schemes (or scams). It all started when there were adverse news reports about a property venture linked to a former Sakae Holdings director, Andy Ong. Apparently, a group of about 90 investors had invested […]
Picked up this story from Tan Kin Lian’s website. A consumer was insured under company A for a integrated Shield policy for more than 10 years. An agent persuaded the consumer to change the Shield insurance to company B saying it was better. The consumer was worried that the change in policy would lead to […]
There will be another gathering this Saturday for affected victims of structured products (Minibond, DBS High Notes, Pinnacle, Jubilee) organised by Tan Kin Lian. Date of Gathering: 22nd August 2009 Place: Speaker’s Corner, Hong Lim Green Time: 5.00 pm Activities: 1. Speech by Tan Kin Lian 2. Hold placards with messages 3. Sign petition (for […]
Tan Kin Lian is organising another petition to the Prime Minister, Lee Hsien Loong, to ask for a general settlement for Minibond affected investors. You can sign the petition here. You can read the government’s reply to questions raised about the adequateness of the actions taken by MAS and the punishment meted out to the […]
Tan Kin Lian provides some updates of legal proceedings with regards to Lehman-linked products. Summary notes can be found here. Part 1 Part 2 Part 3 Part 4 Mandarin Version