It has recently been brought to our attention that certain persons or group of persons associated with ABS Global Realty Sdn Bhd (ABS Global) have been using the LOW YAT GROUP’s name and part of TRIBECA , a property developed by the LOW YAT GROUP , to market ABS Global’s Asset-Backed Solution (ABS) scheme to potential investors.
We would like to put the Public on NOTICE that we, the LOW YAT GROUP , are not associated with and do not have any relationship with ABS Global and/or its investment schemes and/or people.
Low Yat Group does not have any investments in the Asset-Backed Solution and we have not placed any of our properties/real estate, and particularly, units owned by the LOW YAT GROUP in Tribeca, into their Trust company. Neither have we appointed ABS Global to market units owned by the LOW YAT GROUP in Tribeca.
Low Yat Group will not be held accountable for any such investment schemes and reserves all its right under the law, including to pursue appropriate legal action if required.