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Tag Archives for " UAG "

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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UAG Wine Claim – How to File

Posting up this information for the investors of Universal Asset Group (UAG) wine. Dear all, Please be informed that a receiver has been appointed to look into the affairs of UAG. You may wish to log on to list yourself as one of the creditors against Universal Assets Group Pte Ltd. The winding up […]

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UAG Wine Buyback Gone Sour

Yesterday, the Straits Times reported that a group of Universal Asset Group (UAG) wine investors had lodged a police report for delayed payment of their investments. These investors had participated in a one year “buy-back” scheme, where they purchased bottles of wine which was to be left with the company. The company promised a buy-back […]

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