There is no information on the Asia Formula website indicating who owns or runs the business.

An address in Singapore is provided on the Asia Formula website, with further research revealing at least one virtual office space provider operating out of the same street address.

Whether or not Asia Formula has a physical presence at the supplied address is unclear.

The Asia Formula website domain meanwhile was registered on the 20th of November 2014. Lim Beng Hai is listed as the domain owner, with the same address provided on the Asia Formula website.

Possibly due to language barriers, I was unable to find any further information on this individual. As it stands, Lim Beng Hai’s role within Asia Formula is unclear.

What I did find however was a number of recently set up websites, which appear to look set to support Asia Formula (likely as shell companies):

Bionics Global (“bionicsglobal.com”) appears to be health and wellness related

SnB Garments (“snbgarments.com”) looks like lingerie and

Esvara Global (“esvaraglobal.com”) mentions “property investment” on the site

All three website domains were recently registered privately, with the sites uploaded to the domains currently little more than placeholders for a countdown timer.

Exactly how many of these satellite sites have been set up is unknown, with there being no mention of either Bionics Global, SnB Garments or Esvara Global on the Asia Formula website.

Ditto who’s running the sites, why they were set up and their explicit relationship to Asia Formula.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

The Asia Formula Product Line

Asia Formula has no retailable products or services, with affiliates only able to market Asia Formula affiliate membership itself.

Once signed up, Asia Formula affiliates then invest in Asia Points, which are in turn converted into AsiaCoins.

As per the Asia Formula website:

Asia Coin grows in accordance to the growth of the company. You can redeem these points. These points are considered as good as money.

Asia Formula run an online mall over at “emarketplace.asia”, through which Asia Formula affiliates can health & wellness and fashion items.

Whether or not the eCommerce platform accepts AsiaCoins is unclear, as prices quoted on the site are in dollars.

The Asia Formula Compensation Plan

The Asia Formula compensation plan sees affiliates invest up to $30,000 at a time. Invested funds are converted into points, which are given a value inside of Asia Formula.

Affiliates are also paid to recruit new affiliates into the company.

Asia Point Investment

Asia Formula affiliates are able to invest in Asia Points through six levels of investment as follows:

Bronze ($150) – 150 Asia Points

Silver ($500) – 500 Asia Points

Gold ($1000) – 1000 Asia Points

Platinum ($3000) – 3000 Asia Points

Diamond ($5000) – 5000 Asia Points

Crown ($10,000) – 10,000 Asia

🤖 Quick Answer

Who owns and operates Asia Formula?
The ownership and management structure of Asia Formula lacks transparency. Domain registration records identify Lim Beng Hai as the registrant, associated with a Singapore address, though his specific role remains unclear. No official documentation on the website identifies company ownership or operational leadership.

What is known about Asia Formula's physical location?
Asia Formula lists a Singapore street address on its website. Research indicates virtual office space providers operate from the same location, raising questions about the company's actual physical presence and legitimacy of the claimed headquarters.

When was the Asia Formula domain registered?
The Asia Formula website domain was registered on November 20, 2014. Lim Beng Hai appears as the domain owner, using the identical Singapore address listed on the company's official website.

🔗 Related Articles

- Lifestyle Marketing Group Review 2.0: Matrix points pyramid
- Empic Review: HYIP Customize Ponzi scheme
- Doxy Review: 500% returns DOXY token Ponzi scheme
- CapitalX Review: AI trading bot MLM crypto Ponzi scheme
- Global Smart International Review: Global Smart Ads Ponzi launch