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Thursday, February 5, 2009

SSM moving in to regulate land banking co?

SSM A BERNAMA report (Malaysian National News Agency) reported on 24 Oct 2008 that The Companies Commission of Malaysia (SSM) raided 3 land banking companies; UK Land International (M) Sdn Bhd, Profitable Plots Sdn Bhd and Edgeworth Properties (Malaysia) Sdn Bhd. They are suspected of offering illegal land investment schemes. Gosh… have I been in the wrong industry all this while?
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SSM moving in to regulate land banking co?

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