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i am also an investor from AX holdings. i went up to burlington sqaure during May 2011 and was told to open an account in order to transfer my timeshare, which is ATC. after they had showed me their success rates, i decided to take a gamble and pumped in 18k SGD.
Since then i have always been updated about informations regarding the process of the transfer. Although the whole process of the transfer of my membership took much longer than what they have promised, i am really happy that they really did their part in helping me to transfer the membership. i even went down to see their lawyer and i did not have to pay for their lawyer fees. As compared to previous companies that i have been to, i was told to pay 6000SGD for lawyer fees before my timeshare can be transferred. End up nothing has happened and nothing has been done.

However, during April 2013, i was being called up by NAX capital and was told to have an appointment with one of the consultant to discuss about the option of early redemption of my maturity in AX.

When i attended the seminar in Nax, i was told about the merger between Nixdof and AX holdings.
i was given the option that if were to take up the P.share of the company, i will be given the redemption form and can exit after a period of 6 months.

However, if i were to choose to stay with the investment contract with AX holdings, i will have to wait for the full maturity period of 7years. And also it is an Ordinary investment which means there is no garantee in terms of my capital and also my maturity.

Initially, i was very angry because i have to fork out money again. All these while i have been to so many companies and nothing has been done even though i have paid so much to so many of them. Also i am not a very wealthy person who has so much extra money to pump in again. im just a accountant in a normal firm.  i am a single mum with a daughter who is going poly at that time.

I seriously felt i was cheated again this time. i was in urgency to get my maturity back also. which is 53,200 SGD.
but i was assured by the redemption form and the transfer form if i am a shareholder of the new company.
The consultant explained to me the difference if i come on board with them this time. He even allow me to view the supporting black and white documents.

i was very confused at the point of time. i even asked the consultant to leave the room and give me 5 mins to consider about everything. after much consideration, i decided to take a gamble again, this time by believing what i see on the table itself. i was offered 25shares to join as shareholder of Nixdof Ax which is equivalent to 25000 USD. it was a huge amount of money and a very big risk for me also. However i decided to take the risk again.

My maturity sum was embedded as a new maturity this time, and i recieved the shares certificate nearly 1month after.

i was being called again to go down for redemption appointment on 19th dec 2013 and i was told to bring along all documents and contracts to surrender. the whole process took me less than an hour that day and i filled up and sign the neccessary documents.

And indeed around 2months later i have recieved my maturity back ! It finally gave me a full-stop to all my sleepless nights through these years.


P.S*  i am writing in this forum is purely based on my personal experience. believe or not, i managed to redeem what is rightfully mine. But i do not understand how come some bloggers here have a different story as mine. perhaps should give them some time to process . i believe they are a legit company because at the end of the day i trusted them and they did not disappoint me. (although the whole process takes quite long)
this is just a 5 cents experience i would like to share in here.

Hi June, i was an investor from AX Holdings til now and i have the same situation with you but i have 3 contracts with AX Holdings as i have 3 difference timeshare. And My Maturity is SGD$125k for the 3 contracts on my COE. I was invited to NAX Capital last year Mid June and i was told of the merger of companies and was told that i have to subscribe 40 shares as i have 3 maturity with AX to be converted to the merged company maturity. I did the 40 shares with my savings totaling up to about SGD50k as i do not wish to wait up to 7 years with AX contracts.
End of November i was called up to NAX again and i was told i have outstanding profits to be embedded from my AX accounts and i have to subscribe another  25shares to add into my maturity in order for me to redeem the first contracts without delay..
I was very angry at that time as i have already given all my savings for the 40 shares and if i were to do this 25 shares i will have to charge it to my credit card and incur interest. I did it because they have given me 1 bonus shares to help me offset my interest incurred from the banks.
I was called up last week 7th Feb to submit  my redemption form and my bank details and now i am awaiting for the money to be credited to my bank account after i have given the notice to redeem.
Thank god i saw your post but i was told that the money will be credited to me about 2-3 months after i have submitted the redemption form.
I made a promise to the consultant that i will come back as pure investor once all my maturity is credited back to me.
Did your consultant called u back for pure investing and how much was the proposed number of shares for pure investor?

hi patrick,
i really do not wish to reveal my number in here as i do not want any timeshare related companies to call me anymore.
However if u wish to contact me, you can drop me mails at june763821@yahoo.com and i will reply you whenever i am free.

i didnt have the time to go down their office again due to work issues. the last time the consultant also did ask if i would come back and re invest. i said i would if their proposal is attractive enough.

Hi wen, i have submitted my redemption form already and they are now processing the money to me so i better wait for the money before i take any action since i have already put in so much money.. I will definitely report if the money is not credited to my account after 3 months..

Hi Lee, i hope i will get my money back latest 3 months time.. Yes and after i got back my money i will definitely update here and will also put in pure investment as i have promised my consultant that i will go back support him after he helped me get back my maturity sum.. meanwhile i can only pray that my money will be credited into my account.

Hey I got the same thing though i did get the call. I actually got some amount already. Not full but i am very happy

Hey Lee I spoke with I think Peter or gregg  last year i cant remember but i am not a ax member before i did give in to the meeting and had my timeshare which was really useless converted to shares. so far everything looks ok. i think you just need to hear what they say and take down notes then make a decision. if you smell something that you dont agree then dont go through it. i still have the guys number 62406920 they called me like 3x i saved the number.

With the new law passed in Singapore, I am very fearful of saying anything online. The company can sue us if we can not give evidence for everything we say online. That is really unfair. How to share our comments if we can't be truthful??? And not everything they tell us comes with evidence right?? Anyway, I sign up with AX then when they became nixdorf, I put in another $25,000 US to get the shares last year. So far out of $60000 maturity, I have got back $31000. At least i get back what i pay to them already but I still have the balance to collect because that is the maturity promise to me for them taking my timeshare. Anyone else in same shoes as me?