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IMPORTANT
NOTICE TO ALL
RCI MEMBERS
We wish to highlight that currently, there are unlicensed timeshare resale agents going around claiming to be affiliated with or related to RCI and attempting to deceive RCI members like yourself with offers to resell timeshare ownership overseas for double the purchase price and/or rental on room nights operating in Malaysia. Please note that such claims by these timeshare resale agents are inaccurate.
It should be noted that RCI Asia Pacific Pte Ltd:
• DOES NOT resell timeshare memberships
• DOES NOT own, sell or resell timeshare properties
RCI’s business is to facilitate the exchange of Holiday Ownership amongst RCI resorts and members. Currently, RCI has an exchange network of over 3 million member families in more than 100 countries.
In view of the current negative publicity of Malaysia’s timeshare industry, such unlicensed resale companies and/or agents are seizing the opportunity to prey on the vulnerability of timeshare owners. Common practices and tactics used include, but are not limited to, the following:
1. These resale agents set up companies and use general trading licenses meant for commercial goods, but they are not permitted to conduct resale activities whatsoever.
2. They invite RCI members to a hotel or shopping mall where they paint an alarmingly negative picture of RCI timeshare ownership. Then, they will attempt the following:
a) Try to convince you that your timeshare in Malaysia has little or no value, yet, say it can be sold in Europe or
the US for double the price you paid for it.
b) AskyoutopayRM2,500inadministrationfees,promisingtorefundtheamountifyourmembershipisnot
sold within 12 months.
c) Collect your money for about six months, then wind up their operations and disappear, only to start a different
company under a different name, with agents using new names, to start a new round of illegal activities.
The unlicensed resale agents are also claiming to be representatives of RCI and have made the following claims:
• They have exclusive agreements with RCI to sell memberships in overseas markets.
• They have been sanctioned by RCI to provide accommodation for major events (e.g. FIFA World Cup, Asian
Games, Olympics, etc.), and members can sell their nights at premium rates to organisers of the events.
• They have been appointed as representatives of a well-known property brokerage company to promote the
membership through its worldwide network.
• They have an exclusive rental arrangement with RCI to rent out nights to other RCI members overseas.
If you are approached by anyone promising you any of the claims or details mentioned above, please call us on (65) 6223 4333 or your country’s toll-free number, or email asiamembers@rci.com to verify the claims made by these individuals or companies before you undertake any action with them.
Yours sincerely
Adrian Lee
Director of Operations – Asia
IMPORTANT NOTICE


































































































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