Arowana – a prized investment catch or …

I knew about this company early last year when a friend in Malaysia sent me information about this company. I must say that I was quite skeptical about what they were trying to ‘sell’ to the public. I’m still skeptical but you be the judge of it and decide for yourself whether this would be a good investment or not. You can also check out more about them from this site, but the below is the article that came out recently about the service that they were providing..

11mar12 Arowana   a prized investment catch or ...
11mar12 1 Arowana   a prized investment catch or ...

‘Luck’ a draw as firm sells 10-year bonds to raise money for fish stocks and farms

Malaysian housewife Leong Yoke Ping bought a Sapphire Gold Arowana, otherwise known as a dragon fish, for US$3,000 (S$3,765), but says the result was more than worth it.
“After we bought it, my husband’s business has become better, jobs are pouring in, things are okay and smooth,” said Ms Leong, watching the fish swim in a customised tank at her home in a suburb of Kuala Lumpur.
“It also brought a small fortune to me,” she added.
Now, an investment firm is hoping the belief in luck brought by the dragon fish, which is shared by Ms Leong and thousands like her, will pay off – in the form of investment in 10-year bonds based on the Arowana.
Prized across Asia for warding off evil, the mustachioed dragon fish is turning into a hot pick for those keen to profit from surging Chinese demand for good luck charms at a time when the global economic outlook seems cloudy.
Known for its agile body, sleek shiny scales and the”whiskers” that give it a resemblance to a Chinese dragon, demand for the fish is so high that some fetch up to US$50,000.
“Many believe it is auspicious to keep a ‘dragon’ at home because it brings luck and wards off evil,” said Mr Michael Liu, chief executive officer of Arowana Venture Berhad, a Kuala Lumpur-based firm working with a fish farm in Bukit Merah, about 300km from Kuala Lumpur,
His firm is selling 10-year bonds to investors to raise money for buying fish stocks and running fish farms.
At the hatchery in Bukit Merah, Mr Liu gestured to rows of tanks filled with fish at various stages of growth, from bright-orange embryo fish to adults that resemble mythical dragons.
Muddy ponds are used as breeding and harvesting grounds where female fish lay eggs that are fertilised and scooped up by males for incubation in their mouths.
Every 56 days, farm workers pry open the fish mouths to collect the orange eggs and move them to a special container before they hatch. Doing so minimises the mortality rate.
Once grown, the fish will be sold to pet stores across China, Taiwan and Japan.
Dragon fish are also valuable because they are endangered. Rapid agricultural development and pollution have destroyed much of their swampy habitat in South-east Asia.
Indonesia, Singapore and Malaysia have successfully bred the Asian Arowana in captivity and are the only countries allowed under international laws to ex¬port them in a global market that ranges between US$250 million and US$350 million, Mr Liu said.
“Breeding helps counter the threat of extinction by boosting reproduction,” he said, adding that all exported Arowana from the farm are implanted with microchips to keep track of them.
By buying the 10-year bonds – undivided interest investment lots – at RM2,500 (S$ 1,042) each, bond holders become part owners of the fish.
In turn, they receive thrice-yearly dividends, and so far the scheme has brought good luck for all.
Investors snapped up almost all the 5,000 bonds on offer this year, which also happens to be the Chinese Year of the Dragon, and sales of the native South-east Asian fish species are up as much as 20 per cent.
“They have helped my business,” Mr Liu said. “With Arowana, things just tend to go smoothly.” Reuters

11 March 2012 The Sunday Times

Tags: , , , ,

17 Responses to “Arowana – a prized investment catch or …”

Read below or add a comment...

  1. necessities such as best Whitestrips i oftentimes tried. all of the 30-calling, Once everyday designed for 14 day running schedule is just superior to the twice among other useful reproductions, unneeded. important, this product may do indeed closure on top of any your smile highly quite nicely to be able to have a speech while using considering the,

  2. I have to thank you for the efforts you have put
    in writing this site. I really hope to view the same high-grade blog posts from you later on as well.

    In truth, your creative writing abilities has inspired me to get my
    own blog now ;)

  3. I don’t know if it’s just me or if everyone else experiencing issues with your website.
    It appears as if some of the written text on your content are running off the screen.
    Can somebody else please comment and let me know
    if this is happening to them too? This may be a issue with my browser because I’ve had this
    happen previously. Appreciate it

  4. My coder is trying to convince me to move to .net from
    PHP. I have always disliked the idea because of the expenses.
    But he’s tryiong none the less. I’ve been using Movable-type on a
    number of websites for about a year and am nervous
    about switching to another platform. I have heard great things about
    Is there a way I can transfer all my wordpress content into it?
    Any help would be greatly appreciated!

  5. If you would like to increase your knowledge only keep visiting this
    web page and be updated with the hottest information posted here.

  6. Superb, what a web site it is! This website gives
    valuable information to us, keep it up.

  7. My brother suggested I might like this website.

    He was entirely right. This publish actually made my day.
    You cann’t believe just how much time I had spent for this information! Thanks!

  8. Moving companies offers different kind of services.
    Don’t even think about renting a truck at the
    last minute because those will be gone too. The company delivers pods — big box-style containers — to your house.

  9. Dead serene focus substance , recognition for selective in sequence .

  10. Valuable information. Fortunate me I found your web site accidentally, and I
    am stunned why this twist of fate didn’t came about earlier!
    I bookmarked it.

  11. Certaines machines proposent un bac – du couvercle accueillir graines et autres incorporer dans le pain.

  12. Hi there, You have done a fantastic job. I will definitely
    digg it and personally suggest to my friends. I’m confident they’ll be benefited from this site.

  13. Zelda says:

    Deacon es un exagente de operaciones enmascaradas,
    que va a China para donar su riñón a su sobrina moribunda.

  14. The company known as Find my Spanish Home is run by a
    local crook called Russell Lloyd who is hiding in Spain and is masquerdaing as a real estate company.

    The trick he uses is to take payments from buyers and steal their money.
    You have been warned.

  15. Jerilyn says:

    Hurrah! In the end I got a web site from where I be able to really take
    valuable information concerning my study and knowledge.

  16. Vous etes pret de partager votre voyage avec les
    autres touristes pour baisser le prix du voyage.

  17. Leta says:

    Trials of the machine in persons with a system mass index of
    bigger than 35 showed that more than fifty percent
    dropped meaningful pounds – and they saved it off for at
    the very least the eighteen months of the review.
    Not like a gastric bypass, the vagal implant is thoroughly reversible, does not require a
    key nutritional change and doesn’t trigger “dumping syndrome”, in which foods moves too rapidly from the belly to the bowel, or hypoglycaemia (low blood sugar).

    Shikora details out that less than a person per
    cent of possible candidates for bypass medical procedures essentially have it for the reason that of the dangers and life style modifications involved.
    “But this could offer you a less difficult, safer excess weight reduction alternative for patients.”