Sunshine Empire
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New thread. Let me book the first few pages. Will post some info I've gathered here.
Regarding SE's Empire Property Venture:Originally posted by redstone:A property company which
1) shifts entire buildings from one side of the city to the other
2) changes design after property been sold, shifting building around the plot
3) changes colour scheme after property been sold
4) interior rendering doesn't match exterior render (interior shows curved glass, exterior is square)
5) no showrooms
6) no building models
7) claims only selling to SE members (see point A)
Issues about Empire State Tower (see point B)
9) astronomical costs of developing so many properties at the same time by a newly set up property company. Extremely high risk. (see point C)
Point A:
SE claims internal selling of properties. See this. SE claims around 20, 000 plus members, so there's only a pool of 20 000 members to sell the properties too. They had already put a few thousands into SE, what makes them want to buy a property? The pool is so small, what's the percentage of members who will probably buy a unit? A unit is not cheap too. Furthermore, SE/EPV is a newly set up property company, with no history, no experience (only experience in lots of failed property project scams like Magic Kingdom).
Point B:
First, EST was shifted from Jalan Raja Chulan to Jalan Tun Razak. Shifting buildings? Second, the site at Tun Razak is just beside highway viaduct, and there's a slipway ramp on the other side of the site. Extremely bad conditions. Air pollution, noise pollution, no privacy. The design of the units are horrible, looks as if it's done in a hurry. Design, layout of the building is horrible. Colour scheme changed once, from blue to gold. Interior renders show curved glass, but the building is cubic. With such a bad site location, and the small pool of members, you think it would have sold a great majority only after a short time?
Point C:
Sunshine Villas, EST, the melaka theme park, underwater hotel in Sabah? First, land at Jln Tun Razak. Land cost? They make the tower so luxurious. Fine. Construction, cost of interior decorations? Underwater hotel? Any idea the astromical costs for such an underwater building? They are not many underwater buildings in the world. Firstly, cost of engineering. Cannot get any Tom Dick or Harry engineering company to design the hotel. Need specialists. Cost goes up. Construction, also cannot get any company to do it. Must get specialists. What if the hotel caves in or collapses? Then, water quality, view distance in water. Is it clear enough? If not you'll look at a murky sight, like a giant tank of Milo. So where are the advertisements? In engineering, architecture, business, luxury, design, travel, financial journals? If really there's an underwatr hotel, it would create a buzz around these fields. But...?
Back to costs. Developing a property needs land costs, construction costs, finishing costs (interior finishings, etc), design and engineering costs, etc. The cost of the properties and the wireless infrastructure alone could very well exceed the entire worth of the company. Bank loan? Loan to company with zero experience in property? -
i go out liao
u all behave -
give me 1 last word =x.. hopefully
haiz.....Originally posted by laurence82:i dont know, but discussing behaviour of agents or defenders are also a part of the topic, which has been the case here..
anyway, i guess some real SE agent is back here to provide some info, so he might provide some answer, i guess... -
Originally posted by christopher_rf:
Chris, care to answer some of my questions?
Cause, i realised its pretty much unproductive wasting time in this forums,
Read the entertainment page,
"yesterday i tried to suck my gf...."
"Yesterday i saw one ah ma...."
So cheers my little kiddo buddies
1) Before the properties start selling, where did SE's income to give us monetary payout come from?
2) Is it true SE can't payout anymore, but can still accept payments going in? Care to elaborate with your expertise in banking? I'm from sales line too, btw.
3) Why is that EPV's project designs keep changing? That's very unprofessional of them.
4) Why does the melaka theme park promo video show the wrong site? Care to explain?
5) Why doesn't SE show it's balance sheets, financial statements, statistical reports just like other normal private investment based companies? -
Originally posted by christopher_rf:
Care to explain why SE can't payout but can accept payments?
Its obvious they issued Cheques before the Freezing of the Bank Account..
You must either be dumb or stupid to not know that,
Its commonsense -
we did hope so, unfortunately, as forumers here including redstone here can attest to, the answer is nope, they never made the attempt toOriginally posted by mihiro:give me 1 last word =x.. hopefully
haiz.....
anyway, i guess some real SE agent is back here to provide some info, so he might provide some answer, i guess... -
with this sentence...the answer is out already....Originally posted by redstone:Care to explain why SE can't payout but can accept payments? -
any news for the emcom side? recently the news is all about de property venture, no real time news for the emcom...
From what i know,more project under development, none of the project is yet to establish, except for emcall and emall. -
That's the problem. Even the property company has so many loopholes.Originally posted by mihiro:any news for the emcom side? recently the news is all about de property venture, no real time news for the emcom...
From what i know,more project under development, none of the project is yet to establish, except for emcall and emall. -
1) SE takes out 10% of its worldwide turnover and gives it as rebates to its loyal customers. Prime holders.Originally posted by redstone:Chris, care to answer some of my questions?
1) Before the properties start selling, where did SE's income to give us monetary payout come from?
2) Is it true SE can't payout anymore, but can still accept payments going in? Care to elaborate with your expertise in banking? I'm from sales line too, btw.
3) Why is that EPV's project designs keep changing? That's very unprofessional of them.
4) Why does the melaka theme park promo video show the wrong site? Care to explain?
5) Why doesn't SE show it's balance sheets, financial statements, statistical reports just like other normal private investment based companies?
2) SE SPORE is not operating now as SE SPORE is assisting an Investigation by CAD, not accepting payments. Have no idea where you heard this from.
3)If the designs gets better, the customers have no complains, but till now i know that none of the project has change any designs, only maybe add extra facilities. like you buy condo suddenly got tennis court, You sure happy.
4) perhaps you may direct this question to EPV, not some shaggy forum.
(There's also a typo in the EPV website, if you have time to find it, please inform them, they will definitely thank you.)
5)its not an investment company, PTE LTD -
I'm here just to pass time, i don't really care if i answer all the doubts and prejudice questions here.Originally posted by mihiro:give me 1 last word =x.. hopefully
haiz.....
anyway, i guess some real SE agent is back here to provide some info, so he might provide some answer, i guess...
Even if i have an answer there will always be another dumb question, especially from laurence.
proven from the previous thread
cheers -
1) Turnover? From where?Originally posted by christopher_rf:1) SE takes out 10% of its worldwide turnover and gives it as rebates to its loyal customers. Prime holders.
2) SE SPORE is not operating now as SE SPORE is assisting an Investigation by CAD, not accepting payments. Have no idea where you heard this from.
3)If the designs gets better, the customers have no complains, but till now i know that none of the project has change any designs, only maybe add extra facilities. like you buy condo suddenly got tennis court, You sure happy.
4) perhaps you may direct this question to EPV, not some shaggy forum.
(There's also a typo in the EPV website, if you have time to find it, please inform them, they will definitely thank you.)
5)its not an investment company, PTE LTD
2) Thanks for clearing this up. Matter settled
3) Minor changes to design okay, but shifting whole buildings? Like in melaka theme park. Maybe I am wrong, but that's what it looks like from the renderings.
4) Okay, matter cleared
5) All agents/merchants have all the right to know where the company invests their money in. Property, telecom, etc. They have the right to see the proof of income, balance sheet, etc. Even private companies provide this. -
down with SE!!!!!
die SE!!! DIE!!!!
'nuff said...
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Sunshine Empire Pte Ltd
Q Who is investigating into the affairs of Sunshine Empire Pte Ltd (“Sunshine Empire”)?
A The Commercial Affairs Department (“CAD”) of the Singapore Police Force is investigating the case.
Q What is the matter investigated by CAD regarding Sunshine Empire?
A The CAD is investigating into the business practices of Sunshine Empire.
Q Why is CAD investigating into Sunshine Empire?
A There is reason to believe that the business practices of Sunshine Empire may have breached the law.
Q What is the status of the investigation?
A The investigation is on-going.
Q I have paid money to Sunshine Empire. Will I continue to receive the payout of returns during the investigation?
A You will have to approach Sunshine Empire for information regarding payout of returns.
Q I have paid money to Sunshine Empire. Do I need to make a report?
A There is no need to make a report to police at this point in time. The CAD will soon request for persons who have paid money to Sunshine Empire to come forward to provide their particulars and details of their dealings with Sunshine Empire. CAD will do so by a press release. The request will also be posted in the CAD website at www.cad.gov.sg.
Q What will happen after I provide CAD with my particulars and details of my dealings with Sunshine Empire?
A The CAD will contact you, if you are required to further assist in the investigation. Updates of significant developments on the investigation will be posted in the CAD website at www.cad.gov.sg.
Q Will CAD assist to recover monies placed with Sunshine Empire?
A The purpose of the investigation is to determine whether any criminal offence has been committed. If there is criminal wrongdoing, the CAD will do its best to ensure that monies that have been illegally obtained are recovered and properly dealt with according to law, which may include restitution to the victims.
Back to Top
Q I have already reported the matter to CAD. Do I have to report the matter to the Police again?
A CAD is a unit of the Singapore Police Force. There is no need to lodge another police report, if a report has been made to the CAD.
Q What can I do now?
A If you have reported your dealings with Sunshine Empire to the CAD and provided your personal particulars and details of your dealings, including payment of monies to Sunshine Empire, you should wait for updates from the CAD.
Q Are there any hotlines that I can call if I have queries on the matter?
A You can contact the CAD office at 6557 3918 during office hours. Our office hours are 8.30 am to 6.00 pm on Mondays to Thursdays and 8.30 am to 5.30 pm on Fridays.
Source : Commercial Affairs Department -
So it was true after all. I heard my frends say for so long and i came to this forum to look see look see.
Oh no, my relative in it still, so are they still around? My uncle keep wanting my mum to join, luckily i kept my mum out of it.
What is going to happen if they close down? Those so called investors will be in hot soup, will there be refunds if they closed down?
Sorry i am a noob still trying to comb my way in this contraversial industry.
Thanks -
So had they recovered their capital? Is SE still paying out, and accepting payments?Originally posted by D-TEG:So it was true after all. I heard my frends say for so long and i came to this forum to look see look see.
Oh no, my relative in it still, so are they still around? My uncle keep wanting my mum to join, luckily i kept my mum out of it.
What is going to happen if they close down? Those so called investors will be in hot soup, will there be refunds if they closed down?
Sorry i am a noob still trying to comb my way in this contraversial industry.
Thanks
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Man, i really have no idea. What if they not paying my uncle already? I don't want to hurt him or agitate him.Originally posted by redstone:So had they recovered their capital? Is SE still paying out, and accepting payments?
I don't think he got back everything, he dumped in $12K if i am not mistaken. It was in May2007, i really hope nothing happen and let him pass the CNY in peace.
God Bless -
Maybe you could ask him.Originally posted by D-TEG:Man, i really have no idea. What if they not paying my uncle already? I don't want to hurt him or agitate him.
I don't think he got back everything, he dumped in $12K if i am not mistaken. It was in May2007, i really hope nothing happen and let him pass the CNY in peace.
God Bless -
You never had, so what gives?Originally posted by christopher_rf:I'm here just to pass time, i don't really care if i answer all the doubts and prejudice questions here.
Even if i have an answer there will always be another dumb question, especially from laurence.
proven from the previous thread
cheers
*shrugs*
I do know questions of mine which were still unanswered -
Oh realli...Originally posted by christopher_rf:3)If the designs gets better, the customers have no complains, but till now i know that none of the project has change any designs, only maybe add extra facilities. like you buy condo suddenly got tennis court, You sure happy.
Then where is the Service Suites Bldgs really located?
Originally posted by christopher_rf:
They are accepting despite the CAD investigation. You wish me to betray my SE friends who informed me?
2) SE SPORE is not operating now as SE SPORE is assisting an Investigation by CAD, not accepting payments. Have no idea where you heard this from.
After 2000+ posts in the last SE thread, are we to start all over again? -
Are the pictures for real or just for illustrations only? I thoght the media had slammed them for being phoney in all the projects? How come still got people claim that its genuine?
Red, i just checked around, my uncle never got payments for 2 months already and nowhere to be found as he got too many people looking for him for payment as they invested in him also. Thats what i gathered from my relatives.
I suppose i am not going to see him this CNY.
Damn, this scam really caused someone to go into hiding to avoid creditors. -
Turnover from Sunshine Empire, Could be merchant or prime sales lo.Originally posted by redstone:1) Turnover? From where?
2) Thanks for clearing this up. Matter settled
3) Minor changes to design okay, but shifting whole buildings? Like in melaka theme park. Maybe I am wrong, but that's what it looks like from the renderings.
4) Okay, matter cleared
5) All agents/merchants have all the right to know where the company invests their money in. Property, telecom, etc. They have the right to see the proof of income, balance sheet, etc. Even private companies provide this.
5)you buy a pair of shoes from the market store, or buy a can of drink from a provision shop, i believe you do not have the right to know what the boss does with his profits, be it investing or whatsoever.
right?
BUT SE will still show if its asked to. quite steady ma -
your questions are outright prejudice and ridiculous and stupid,Originally posted by laurence82:You never had, so what gives?
*shrugs*
I do know questions of mine which were still unanswered -
Read my first post... EVP has shifted a building from one side of KL to the other, changed its colour scheme once and the interior renders (which shows rounded glass) doesn't match the exterior (which is cubic).Originally posted by D-TEG:Are the pictures for real or just for illustrations only? I thoght the media had slammed them for being phoney in all the projects? How come still got people claim that its genuine?
Red, i just checked around, my uncle never got payments for 2 months already and nowhere to be found as he got too many people looking for him for payment as they invested in him also. Thats what i gathered from my relatives.
I suppose i am not going to see him this CNY.
Damn, this scam really caused someone to go into hiding to avoid creditors.
For Melaka theme park, they continue their tradition of shifting whole buildings. No property company would do this after the property had been sold, unless some form of compensation is to be provided. In any case, its very very unprofessional of them. Also they claim internal selling. With such a small pool of members, and being a brand new property company, do you think the claims of 90% sales are true?
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Who accepting payments? we should report them to CAD at once!Originally posted by abductboy:They are accepting despite the CAD investigation. You wish me to betray my SE friends who informed me?
After 2000+ posts in the last SE thread, are we to start all over again?
Don't stand in the way of the law, Call CAD now to make a report.