What specific promises of return did Nozomii Vending offer investors?

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Nozomii Vending Offered Specific Annual Return Promises to Investors

Nozomii Vending made several distinct promises regarding annual returns on investments, with some agreements reaching as high as 10 per cent per annum. These offers were structured over varying durations, with specific rates tied to different types of investment vehicles managed by the company.
Investment in Vending Machines Promised Up to 10 Per Cent Annually

One of the primary investment schemes offered by Nozomii Vending involved its vending machine business, where investors were presented with a promise of annual returns up to 10 per cent. For instance, one specific agreement detailed a commitment to provide a 10 per cent annual return over a four-year period. This particular offering aimed to attract capital by projecting consistent, above-average yields from the vending machine operations.
Industrial Property Investments Offered 5 Per Cent Annual Returns

Beyond the vending machine ventures, Nozomii Vending also presented opportunities in industrial property investments. These investments carried a different promised rate of return, offering investors 5 per cent annually. Such agreements were typically structured for a duration of three years, indicating a potentially more conservative or stable investment profile compared to the vending machine operations.
Payments Initially Met Before Cessation and Bankruptcy

Investors who placed funds with Nozomii Vending initially received payments as promised, with these disbursements arriving on schedule. However, this pattern changed starting from February of the current year, when the payments began to slow down significantly. The situation culminated in a complete halt of payments, preceding the bankruptcy declaration of the owner, Lim Jian Bin, on July 14.

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What specific promises of return did Nozomii Vending offer investors?

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