General public is advised to put their Land Banking investment on hold as one of the Top Land Banking company, Walton International Property Group (M) Sdn Bhd, was raided by Central Bank of Malaysia on 5 March under Exchange Control Act (ECA) 1953.
The raids were simultaneously conducted at the campany’s premises in Kuala Lumpur, Kota [...]
This is what i extracted from papers recently. I have write a very detail on Land Banking Investment here.
UK Land International (M) Sdn Bhd,
Profitable Plots Sdn Bhd and
Edgeworth Properties (Malaysia) Sdn Bhd
*** Raided by Malaysian Government! ***
1) From Bernama-October 25, 2008 00:43 AM
Companies Commission Raids Three Companies Over Illegal Land Investments
KUALA LUMPUR, Oct 24 (Bernama) [...]
Land Banking has become very popular nowadays. This investment is traditionally reserved for the very rich; as they are the only ones who can afford to buy hundreds of acres of land parcels that cost millions of dollars. However, through a unique joint venture program, Land Banking is now available to within [...]
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| By N2H | |||||||||