Touchwood Case Review

dinga · **361** Re: Touchwood Case Review on Sun Mar 10, 2013 10:35 am

dinga

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@Kay2 wrote:
@truthful wrote:KPMG was removed by a mandate from the shareholders, at the last AGM

This is true, i have verified this from many.

Please then advise who has been appointed as the replacement auditor (CSE website still shows KPMG as the auditor, and I note that TWOD's Financial Year closes on 30 March 2013).

sadikeen · **362** Re: Touchwood Case Review on Mon Mar 11, 2013 12:46 pm

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TWOD is really in trouble. The cheques issued in SL too bouncing, apparently due to no funds in their bank accounts. What is next ??? Bankrupcy ???

Slstock · **363** Re: Touchwood Case Review on Mon Mar 11, 2013 1:01 pm

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Did this happen to you? Any confirmation ?

@sadikeen wrote:
TWOD is really in trouble. The cheques issued in SL too bouncing, apparently due to no funds in their bank accounts. What is next ??? Bankrupcy ???

sadikeen · **364** Re: Touchwood Case Review on Mon Mar 11, 2013 1:22 pm

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No not for me but to one of my close friends. I have seen the documents including the advise from the. I have scanned copies with me.

sadikeen · **365** Re: Touchwood Case Review on Mon Mar 11, 2013 1:25 pm

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A correction.

I have seen the documents including the bank advise.

sureshot · **366** Re: Touchwood Case Review on Mon Mar 11, 2013 9:04 pm

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sadikeen r u collecting Twod shares ?

dinga · **367** Lame Brain on Tue Mar 12, 2013 11:09 am

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@sureshot wrote:sadikeen r u collecting Twod shares ?

~~Hard~~ impossible to imagine that would be the case. If it is possible to "short" TWOD (doesn't that acronym generates very appropriate mental images....), please let us know how.

How can I find out who is the replacement TWOD auditor? [want to make sure they're aware of possible contingent liabilities]

sadikeen · **368** Re: Touchwood Case Review on Tue Mar 12, 2013 11:23 am

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@sureshot wrote:sadikeen r u collecting Twod shares ?

Why would I collect shares of a troubled company. I have shared the information after withnessing all relevant documents to the benefit of others. It is upto you to make your decision.

dinga · **369** Tell Us More on Tue Mar 12, 2013 3:39 pm

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@Kay2 wrote:
@truthful wrote:KPMG was removed by a mandate from the shareholders, at the last AGM

This is true, i have verified this from many.

FUNNY? Just been looking at the last TWOD (I love that...)Annual Report and Agenda Item 7 for the AGM scheduled for 28/9/2012 was for the re-appointment of KPMG - see .

What happened?????? Who are the new auditors???????

Slstock · **370** Re: Touchwood Case Review on Tue Mar 12, 2013 3:42 pm

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If/when they changed auditors, don't they have to report to CSE?

@dinga wrote:
@Kay2 wrote:
@truthful wrote:KPMG was removed by a mandate from the shareholders, at the last AGM

This is true, i have verified this from many.
FUNNY? Just been looking at the last TWOD (I love that...)Annual Report and Agenda Item 7 for the AGM scheduled for 28/9/2012 was for the re-appointment of KPMG - see .

What happened?????? Who are the new auditors???????

dinga · **371** Confidence in the Regulators? on Tue Mar 12, 2013 3:56 pm

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@slstock wrote:If/when they changed auditors, don't they have to report to CSE?

@dinga wrote:
@Kay2 wrote:
@truthful wrote:KPMG was removed by a mandate from the shareholders, at the last AGM

This is true, i have verified this from many.
FUNNY? Just been looking at the last TWOD (I love that...)Annual Report and Agenda Item 7 for the AGM scheduled for 28/9/2012 was for the re-appointment of KPMG - see .

What happened?????? Who are the new auditors???????

On 15//1/13 I was advised that my concerns had been forwarded to the CSE Regulatory Affairs Division. I have just sent this follow up: Most worryingly, I have heard nothing more on this issue. CSE website still shows KPMG as the TWOD auditor, and the company itself has made no announcements.

Given there are apparently very serious issues concerning TWOD, please urgently examine this matter as it is clearly of material concern to investors.

Sanjayacom · **372** Re: Touchwood Case Review on Mon Apr 15, 2013 11:42 pm

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@Chinwi wrote:
@dinga wrote:G'day

I am an investor, via Touchwood Asia, in bamboo and agarwood trees in Thailand.

Seems the company has closed its office in Bangkok without any notification to investors. I should by now have been paid a modest amount for the 2012 bamboo harvest but am still waiting.

Emails and telephone enquiries to the Colombo HQ remain unanswered. I am told the separate company that maintains the plantations is still operating but frankly my pessimistic side wonders if this will continue given the very bad signals and silence from Touchwood Asia.

Am very concerned about my investments. Appreciate any insights about what is, or may be, happening with Touchwood?

Saa wadi craap. dinga naai.

Khoon kheu krai?

Khoon bpen mai khohn see lan ga chai mai ?

Baawk khwam jing.

Khop khoon kraap.

- Chinwi

Hi Dinga

Touchwood is NOT IN TROUBLE. But the investors are / will be in trouble. Coz Twood evade returns on investments. They give 1001 reasons for not paying the returns. There is no one resposible for your returns. Melonys are bunch of Robbers. This is a green scam!

Sanjayacom · **373** Re: Touchwood Case Review on Mon Apr 15, 2013 11:46 pm

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npp wrote:There was someone like you who joined just to complain about the company which hasn't paid. Not wrong considering it's listed and we discuss about listed companies.

But in that case the company responded quickly and promised payment. I don't think you should panic too much and if you are in doubt, you should make it a point to somehow contact them. Calls are unanswered is a bit hard-to-believe. Anyway since it is an important thing, you should probably visit them personally to get a response, instead of posting on public forums.

Touchwood is not in trouble, but investors are in trouble. Twood has defaulted payments / returns of overseas projects. Nice part is there is no one responsible for the default.
Big Melony has quit from his stake in TWOOD.

Sanjayacom · **374** Re: Touchwood Case Review on Mon Apr 15, 2013 11:52 pm

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@traderathome wrote:we are seeing some strange emails lately...guys where were you......all this time...just joining to post ....show us the proof .........its not right just to complain w/o valid proof that you have invested and your calls were unanswered.

to keep it short and simple....please show...

firstly any documents indicating you are a genuine investor of the company...
secondly prove to the forum members that your payment is now due...
thirdly your reminders such as emails sent to the concerned company....
finally snapshot of the that company office that is closed.....

i am not a spokesperson for the company...but to be fair you need to back up with some concrete proof to see for all of us.....to know your concerns are real......

no offense.......

Touchwood is not in Trouble, but the investors are in trouble. The company has stopped paying returns. Twood is financing for troubled companies, defaulting investors. Melonys are cunning people. International racketiers. Even smarter than Lalith Kotalawela, Sakvithi & Danduwam mudalali.

Sanjayacom · **375** Re: Touchwood Case Review on Tue Apr 16, 2013 12:06 am

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Touchwood is not in trouble, but the investors are in trouble. Touchwood has started defaulting their investors. The majority will come into effect later. One should prevent new people getting into trouble. I have now lost. But I have a duty towards others who will get into this green scam. Bunch of these robbers should bring behind bars before they get vanished.

Sanjayacom · **376** Touchwood bank accounts closed! on Tue Apr 30, 2013 1:56 pm

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Touchwood bank accounts are closed. These people issue cheques from their closed bank accounts. These are crimes. Within next few days others can see in Newspapers.

@Sanjayacom wrote:
npp wrote:There was someone like you who joined just to complain about the company which hasn't paid. Not wrong considering it's listed and we discuss about listed companies.

But in that case the company responded quickly and promised payment. I don't think you should panic too much and if you are in doubt, you should make it a point to somehow contact them. Calls are unanswered is a bit hard-to-believe. Anyway since it is an important thing, you should probably visit them personally to get a response, instead of posting on public forums.

Touchwood is not in trouble, but investors are in trouble. Twood has defaulted payments / returns of overseas projects. Nice part is there is no one responsible for the default.
Big Melony has quit from his stake in TWOOD.

Marketinvest · **377** Re: Touchwood Case Review on Tue Apr 30, 2013 10:48 pm

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@Sanjayacom wrote:Touchwood bank accounts are closed. These people issue cheques from their closed bank accounts. These are crimes. Within next few days others can see in Newspapers.

@Sanjayacom wrote:
npp wrote:There was someone like you who joined just to complain about the company which hasn't paid. Not wrong considering it's listed and we discuss about listed companies.

But in that case the company responded quickly and promised payment. I don't think you should panic too much and if you are in doubt, you should make it a point to somehow contact them. Calls are unanswered is a bit hard-to-believe. Anyway since it is an important thing, you should probably visit them personally to get a response, instead of posting on public forums.

Touchwood is not in trouble, but investors are in trouble. Twood has defaulted payments / returns of overseas projects. Nice part is there is no one responsible for the default.
Big Melony has quit from his stake in TWOOD.

just for a concern How can u prove that touchwood has defaulted u or anyone, i hav nothing with touchwood this is just for clarification or else it could bring unnecessary problem to the forum

sadikeen · **378** Re: Touchwood Case Review on Wed May 01, 2013 2:12 pm

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@Marketinvest wrote:
@Sanjayacom wrote:Touchwood bank accounts are closed. These people issue cheques from their closed bank accounts. These are crimes. Within next few days others can see in Newspapers.

@Sanjayacom wrote:
npp wrote:There was someone like you who joined just to complain about the company which hasn't paid. Not wrong considering it's listed and we discuss about listed companies.

But in that case the company responded quickly and promised payment. I don't think you should panic too much and if you are in doubt, you should make it a point to somehow contact them. Calls are unanswered is a bit hard-to-believe. Anyway since it is an important thing, you should probably visit them personally to get a response, instead of posting on public forums.

Touchwood is not in trouble, but investors are in trouble. Twood has defaulted payments / returns of overseas projects. Nice part is there is no one responsible for the default.
Big Melony has quit from his stake in TWOOD.
just for a concern How can u prove that touchwood has defaulted u or anyone, i hav nothing with touchwood this is just for clarification or else it could bring unnecessary problem to the forum

I also received a PDC dated 30/03/2013 for Rs. 1.4 M, issued from their bank account maintained with Sampath Bank. Afterwards I have received several messages from them requesting me not to encash the cheque as they are in the process of arranging a bank loan. Given below is one such emailed from them (in case if someone needs any proof).

Quote
From: Asanka Rathneweera (asanka@touchwood.lk)This sender is in your contact list.

Sent: Wednesday, March 27, 2013 5:18:57 AM

Mr. sadikeen,

As per the telecon we had while ago,please refrain from banking cheque No:744164 for Rs.1,465,100.00 on 30th March untill further we confirm within 1st week of April.

Tks,
ASsanka

jerelocke · **379** Re: Touchwood Case Review on Fri May 10, 2013 10:59 pm

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Does anyone on this forum have contact information for someone connected to the Touchwood Hong Kong legal case? I'm on Lord Toad's list but want to explore all options.

Wayne Abbott · **380** tOUCHWOOD PURCHASE OF ASPIC GROUP COMPANIES on Tue Aug 06, 2013 4:32 pm

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Good Evening

I would like to present myself as the Foreign Investor who paid for the entire purchase of CIFL in 2004 ,the purchasing of company was also attende by your current president Mr Mahinda Rajapaksa who at the purchase of CIFL was the prime minister of sri lanka,since I purchased CIFL in 2004 I was manipulated by Deepthi Perera into a shareholder of Aspic Corporation the owner now and identity who retains a majority shareholding of CIFL at the time of prospectus release
I have never received a return in 9 painful years and have been lied to by the company directors Mr Deepthi Perera continually over this period,he always states he is above the law and you need to speak to him if you require any answers
Just recently a Mr Roscoe Maloney of Touchwood in conjunction with Depthi Perera and lawyer from CIFL made attempts to purchase my shareholdings but as always it was fabricated and a continuation of lies and manipulation in which I received from the lawyer from CIFL Post Dated CHEQUES signed by Mr Roscoe Maloney to pay my shareholding off over 12 months,
Mr Deepthi Perera has advised me he has sold his interests after this was completed to protect once more his interests and I believe has absconded from Sri Lanka
Shirley Perera the former Vice President of CIFL has recognized my funds and purchasing of CIFL in his correspondence
The BOI and Mr Rajapaksa should now correct the wrong doings to a Foreign Investor who placed funds into Sri Lanka with trust and commitment meet with deceit and continual lies
Please show the foresight to assist in the return of my funds which were received by Fraudlent business practises
I await the replies prior to taken my situation to Mr Abbott the opposition leader and soon to be Prime Minister of Australia also to the current foreign trade politician.
Yours Sincerely
Concerned Foreign Investor
Wayne Steven Abbott

Wayne Abbott · **381** Re: Touchwood Case Review on Tue Aug 06, 2013 4:55 pm

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Please also note I have received in documentation from Touchwood Mr Roscoe Anthony Maloney identity card 582803668V) of No. 412 Ganga Road, Madagama,Bandaragama signed by himself Shares Sale and Purchase Agreement in conjunction with copied Post Dated cheques with the payment schedule listed in USD from 01/03/2013 through to 01/02/2014 with K.S. V. Fernando Attorney at law & Notary Public also signed documents
They wanted me to sign and agree and return all DOCUMENTS SIGNED BY MYSELF so they take shareholdings IMMEDIATELY and pay me over 12 months as per payment schedule attached to Sales agreement
They stated if they do not pay all shares would be returned!

I leave the rest to your thoughts and decisions

Please can someone assist in the return of my funds as this is why Sri Lanka will always be viewed as a Indian state due to obvious corruption in business

Yours Sincerely

Wayne Steven Abbott

Wayne Abbott · **382** Re: Touchwood Case Review on Tue Aug 06, 2013 5:08 pm

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Mr Roscoe Maloney has apparently paid 11 Million USD into CIFL but cannot reply to my calls or email correspondence despite I originally paid 100% for CIFL 2004 with written correspondence showing my returns and what was forecast by Mr Deepthi Perera prior to my payment of funds AND THEN WAS DUPED INTO A SHAREHOLDING OF ASPIC IN WHICH i BELIEVE WILL BE QUASHED AND REMOVED FROM OWNING ANY PART OF CURRENT COMPANIES UNDER THIS GUISE including CIFL Lumbini Aquarium and so forth
They will manouvere all away from myself and there will be absolutely nil left!
The facts are that Aspic on the prospectus being announced for the CIFL company to be a company on the Stock Market showed clearly at that time it's majority shareholding of CIFL also clearly stating my name as a shareholder
What has happened since I again request your thoughts to the procedures amplified with complete manipulation and deceit of the highest order
Yours Sincerely
Wayne Steven Abbott

Jana1 · **383** Re: Touchwood Case Review on Tue Aug 06, 2013 5:20 pm

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@Wayne Abbott wrote:Mr Roscoe Maloney has apparently paid 11 Million USD into CIFL but cannot reply to my calls or email correspondence despite I originally paid 100% for CIFL 2004 with written correspondence showing my returns and what was forecast by Mr Deepthi Perera prior to my payment of funds AND THEN WAS DUPED INTO A SHAREHOLDING OF ASPIC IN WHICH i BELIEVE WILL BE QUASHED AND REMOVED FROM OWNING ANY PART OF CURRENT COMPANIES UNDER THIS GUISE including CIFL Lumbini Aquarium and so forth
They will manouvere all away from myself and there will be absolutely nil left!
The facts are that Aspic on the prospectus being announced for the CIFL company to be a company on the Stock Market showed clearly at that time it's majority shareholding of CIFL also clearly stating my name as a shareholder
What has happened since I again request your thoughts to the procedures amplified with complete manipulation and deceit of the highest order
Yours Sincerely
Wayne Steven Abbott

I guess you made mistake. Why did you put such a large amount on unknown company??

Wayne Abbott · **384** Re: Touchwood Case Review on Tue Aug 06, 2013 5:41 pm

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Mistake yes,manipulated by very high end personel with years of banking expertise within the Sri Lankan Banking society,
BOI acknowledgment
Central Banks acknowledgement
Accountants and Lawyers acknowledgment
Current president attending the purchasing of CIFL at the time in 2004 the Prime Minsiter again creating more realism that all is correct and authentic
The facts are I have approached the BOI and other associated business sectors engulfed in Investment and all have failed miserably to advise anymore than broken statements and I believe benefits to do so!
Yours Sincerely
Wayne Steven Abbott

Prince · **385** Re: Touchwood Case Review on Tue Aug 13, 2013 9:45 am

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@Seyon

Been a Global moderator you should have some sort of discipline when making a post in the forum. I strongly oppose your attempt on promoting a Share which can be name as a "Scam" by every means. You have wasted a lot of time preparing a post which could mislead the inexperienced membership of the forum.
Best thing for you to make a visit to the so called cultivation and see for your own eyes whether there is any cultivation of trees really taken place as the company boasts. I bet , you will not get permission even to enter their premises or the cultivation area. Let me know if you happen to make a visit and your observations. I am ready to make an apology from you at any moment I hear any good news.

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