The company name is: SpeakAsia Online Pte Ltd.
formerly known as : Haren Technology Pte. Ltd.
formerly known as: PAN Automotives Pte. Ltd.
(Compliance rating for this company is Non Compliant currently)
Prior to this name they were operating under:
HAREN VENTURES PTE. LTD.
f.k.a HAREN AUTO PARTS PTE. LTD.
f.k.a HAREN MULTICONSULT TRADE SERVICES PTE. LTD.
Source: www.psi.gov.sg
I asked one of my CA friend that how frequently a company change it names and he said its very less and not done so frequently. There are 2 more companies with the same name whose status is either Cancelled or Terminated and again they keep changing their company name:
HAREN AUTO & HEAVY EQUIPMENTS
f.k.a HAREN AUTOMOTIVES & COMPONENTS
And
HAREN MULTICONSULT TRADE SERVICES
And there is a defunct website too: http://www.hmtservices.com/ where we can find the products they were dealing before starting this business which is no where related to online surveys or dotcoms. Check out the page http://www.hmtservices.com/sparts.htm (probably they didnt had an active webmaster or the designer left work half complete due to several reasons)
Screenshots:
b) When doing little more research on the address of the company the same address is used for different companies. A simple Google can throw a few names which I am listing below. Some of the companies having the same address are:
Valves.Com Pte Ltd
http://imageshack.us/m/573/8770/valves.jpg
SBS Consulting Pte. Ltd.
http://imageshack.us/m/805/5417/sbsgroup.jpg
http://img19.imageshack.us/img19/3762/unledrh.jpg ---> thanks metiz for the image
c) The company has a franchisee model so at the face of it you are not paying anything directly to the company "Speak Asia" and it goes in the name of the franchise (bank account) and who further pass that money to someone in Mumbai and all get to keep a certain % out of it. If its such a big company they should provide an option to pay online through credit card directly to them instead of making so many layers of people accepting payments on companies behalf and would have helped them with instant signups.
d) If you watch YouTube for their Torch Bearers 2011 meet they are talking about opening a TV Channel by August 2011. Very nice and ambitious plan but doesnt it require a lot of regulatory processes and time and huge "money". But the ground reality is that they dont have a single registered office in India. There are claims that it will be open in May 2011 in Mumbai.
e) I found it amusing that they were using a hosted software at SurveyMonkey as their survey tool and only recently purchased Novi Survey. If its an established proven business with multi million dollars in revenue they should have built the survey system completely inhouse on which their entire business model works.
f) They claim they are established in Singapore / Malaysia / Indonesia but after doing a lot of research I didnt find enough evidence that proves that they are getting enough traffic from any of these countries to prove their claim. They are mainly in India and Bangladesh only
formerly known as : Haren Technology Pte. Ltd.
formerly known as: PAN Automotives Pte. Ltd.
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Prior to this name they were operating under:
HAREN VENTURES PTE. LTD.
f.k.a HAREN AUTO PARTS PTE. LTD.
f.k.a HAREN MULTICONSULT TRADE SERVICES PTE. LTD.
Source: www.psi.gov.sg
I asked one of my CA friend that how frequently a company change it names and he said its very less and not done so frequently. There are 2 more companies with the same name whose status is either Cancelled or Terminated and again they keep changing their company name:
HAREN AUTO & HEAVY EQUIPMENTS
f.k.a HAREN AUTOMOTIVES & COMPONENTS
And
HAREN MULTICONSULT TRADE SERVICES
And there is a defunct website too: http://www.hmtservices.com/ where we can find the products they were dealing before starting this business which is no where related to online surveys or dotcoms. Check out the page http://www.hmtservices.com/sparts.htm (probably they didnt had an active webmaster or the designer left work half complete due to several reasons)
Screenshots:
b) When doing little more research on the address of the company the same address is used for different companies. A simple Google can throw a few names which I am listing below. Some of the companies having the same address are:
Valves.Com Pte Ltd
http://imageshack.us/m/573/8770/valves.jpg
SBS Consulting Pte. Ltd.
http://imageshack.us/m/805/5417/sbsgroup.jpg
http://img19.imageshack.us/img19/3762/unledrh.jpg ---> thanks metiz for the image
c) The company has a franchisee model so at the face of it you are not paying anything directly to the company "Speak Asia" and it goes in the name of the franchise (bank account) and who further pass that money to someone in Mumbai and all get to keep a certain % out of it. If its such a big company they should provide an option to pay online through credit card directly to them instead of making so many layers of people accepting payments on companies behalf and would have helped them with instant signups.
d) If you watch YouTube for their Torch Bearers 2011 meet they are talking about opening a TV Channel by August 2011. Very nice and ambitious plan but doesnt it require a lot of regulatory processes and time and huge "money". But the ground reality is that they dont have a single registered office in India. There are claims that it will be open in May 2011 in Mumbai.
e) I found it amusing that they were using a hosted software at SurveyMonkey as their survey tool and only recently purchased Novi Survey. If its an established proven business with multi million dollars in revenue they should have built the survey system completely inhouse on which their entire business model works.
f) They claim they are established in Singapore / Malaysia / Indonesia but after doing a lot of research I didnt find enough evidence that proves that they are getting enough traffic from any of these countries to prove their claim. They are mainly in India and Bangladesh only










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