Tuesday, March 6, 2018

"there was no limit to their lies back then" .....

These two scans where taken from their sales packs which were circulating at the time. These were sent to us with the remark, "there was no limit to their lies back then"

Translation of the brochure is as follows,
"Vasseti group was founded in 1996 and Asia head office was established in Malaysia. Vasseti group is a merger & the acquisition of several different companies from some unifying countries views on business improvement.In the first phase of consolidation, Vasseti The Malaysian Group is worth 1 billion US dollars at the end of 2010 & will be part of the global corporation, Vasseti (UK) PLC. As part of the global corporation then Vasseti will include the Asia and East Asia middle. And will be part of the company which is worth 12 billion US dollars in 2015. Vasseti has developed a network in three a very populous country that is: India, Indonesia and China In its development Vasseti leads coverage bigger business, with excellent products in the form of telecommunications optical and central networks the best data in its class Current developments Vasseti's business covers construction of hotel luxury international standards in Malaysia, resorts, apartments luxury, golf clubs, cars, plantations and IP advertisements."







































The below picture is the New Four Seasons hotel which was to be built in KL. Yes, this is a project that belongs to Tan Sri Syed Nasir, but as we have now learned it had nothing to do with Vasseti. It was named their "NEXT BIG PROJECT" it should have been renamed to their "NEXT BIG LIE". It's easy to see how investors get sucked into this land of make believe. Investor deception and dishonesty at its finest.