Allied Universal Network Sdn Bhd -- Timeshare Victims Support Group

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Subject: Allied Universal Network Sdn Bhd

Author:
Daniel

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Date Posted: Sat, Sep 29 2007, 19:01:22

I am disappointed in the above company who had called me initially to pay a deposit of RM988/- to sell my Tanco shares if I registered with them and which I did on 5/8/2006.

On 6th June 2007, the Sales Personnel calls urgently to say they have found a Corporate buyer for the shares and insisted that I pay RM1,800/- as fee for Resale of Tanco Vacation Club shares.

Based on the Declaration of Sale signed on 6th of June, I am supposed to receive the proceeds of the sale on 6/8/07 and if it is unsuccesfull, the Company will offer me a compensation of RM1,000 together with a full refund of all fees paid by 6/9/07 if the sale proceeds are not received.

I visited the office today, 29/9/07, to enquire about the above since the company nor the sales personnel is contactable and to my dismay, the office is closed and the Company signage has been covered with paint to erase the name.

This is the 2nd Company that I have registered with that has just closed shop without informing its clients. Are these companies genuine or they have been set up for one purpose to cheat people. Many of them are innocent wage earners trying desperately to sell off their shares.

I intend to lodge a report to the police and newspapers about the above Company and Top Oasis Sdn Bhd (Reg No: 692932-K)to whom I have paid a deposit of RM1,500/- to handle the sale of my Tanco Shares. Top Oasis has also closed their office at Damansara without informing its clients.

Please advise.

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