Sunday, October 12, 2008

UOB Structured Notes

Mr. Paul Ly <paul_ly_sg@yahoo.com> wishes to contact other investors who have involved in the UOB Structured Notes. Please contact him directly by e-mail.
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5 comments:

Anonymous said...

UOB has products linked with lehman??

October 12, 2008 9:42 PM
Anonymous said...

In July there was one, not Lehman but Merrill Lynch. It is the SGD 3 Year Principal Protected Inflation Theme Fixed Income Note at 3.5% pa.(with upside) and min amount is $200K
and promoted to Privilege Banking clients. But it also stated clearly it may involve a high degree of risk.
So you see, even for just 3.5% return, it is also so risky.
I think a lot of richer folks are also suffering. Anybody care to share on the fate of the above?

October 12, 2008 11:42 PM
Anonymous said...

Yes, at least the Pinnacle Note series 6 & 7 that I know of. Mr. Paul, what is your intention to gather such investors?

October 13, 2008 12:32 AM
Anonymous said...

Mr Paul Ly,

Are you referring to UOB or UOB Kay Hian (who is a distributor for minibond, Pinnacles and several others)?

October 13, 2008 10:12 AM
Anonymous said...

I was misled by UOB Relations Manager that this Tranche III note is just like a fixed deposit with little risk involved. The only risk is early termination of notes. I purchased the notes in end July 08 and would like to cancel even with a loss of few thousands. But to my surprise, my Relations Manager left UOB and my new Relations Manager persuaded me not to terminate. Now within 2 months, the marke valuation drops by more than 26k. Can anyone help?

October 16, 2008 5:07 PM

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