1. If one of the investors has gone bankrupt, his shares will be liquidated to pay off his creditor(s). However, other shareholders have the first right of refusal to his shares, i.e. they have the first right to buy back his shares. If he is a major shareholder, the company (board of directors/shareholders) definitely has to go through a lot of hassle to resolve it and may face a possibility to liquidate the whole company if the buy back of all or part of his shares by other shareholders is unsuccessful.

In such a case, we don’t think there is a “fool-proof” method to protect other investors’ interests. That’s why selecting partners is the most important thing in incorporation of a company.

2. We do hope to expand to Klang Valley this year but we have yet to come out any concrete plan. Main reason is we are still looking for the right team members from the area.

Cheers

Some questions here:

1. Say 4 investors setup a company to invest in properties. What happen if 1 of the investor gone bankrupt? How can we protect other investors?

2. It seems your team is focusing in JB, do you guys plan to expand to Klang Valley?

Thanks for your interest in joining us.
In fact you are not the first one asking to join us.

We are an investment holding company formed by several private investors.

If you are interested to join in our furture deals, what we can think of is we will form a new private limited company for more private investors. Once we have found and studied through any good deals, we will then inform our investors with a business plan to see if they are interested to invest in the deals.

However, in order to protect the interest of other investors, we require each investor to prove their financial strength and credit record before we can put them in our investor list. The information is private and confidential and will be summarised and submitted to financial institutions for financing purpose of each deal.

You don’t have to be rich to join us, but you do have to be stable.

You may send us your particulars and proof of financial strength with credit record so that we can keep you posted of future investment opportunities.

Cheers

‘If you don’t know jewelry, know the jeweller.’ – Warren Buffet.