Date: May 23, 2011
SIAS announced on 25th April 2011 that it would take up the plight of investors in the Profitable Plots saga. The investors claim that they have not been kept informed of their investments and that their requests to meet the directors through the lawyers of the Profitable Plots directors have not been acceded to.
Since the announcement, SIAS has conducted a dialogue session with the investors and a sub-committee set up under SIAS. SIAS is conducting a Press Conference on the outcome of the dialogue session and the possible steps for investors to recover their investments. SIAS will make public certain calls it would make on relevant parties.
MEDIA INVITE
We would like to invite you and camera crew to SIAS Conference Room on 24th May 2011 at 11.30am at 7 Maxwell Road, MND Building, Annexe B, #05-03, Singapore 069111. Should be grateful if you could RSVP with the name of the Journalist by 24th May 2011 this evening by 9.00pm to Ms Magdeline Tan at magdeline@sias.org.sg.
David Gerald
President & CEO
SIAS
