The Operator has obtained the approval for its Club Asia International Membership Scheme from the Registrar of Companies, Malaysia (ROC) and the Direct Sales License from the Ministry of Domestic Trade and Consumer Affairs, Malaysia. In addition, the Operator is also a member of Malaysian Holiday Timeshare Developer’s Federation (MHTDF).
Pursuant to the requirements of the Companies Act 1965, Universal Trustee (Malaysia) Berhad, a company incorporated in Malaysia, having its' registered address at No 1, Jalan Ampang, 50450 Kuala Lumpur, Malaysia has been appointed by Sara Worldwide Vacations Berhad as the Trustee for the Membership Program.
Universal Trustee (Malaysia) Berhad is an approved trust company registered under the Trustees Act 1949. The role of the Trustee is to receive and pool the Purchaser’s monies and manage the Trust Account. The Trustee will ensure maintenance of the Club.