I'm not sure if many of the people here are genuine buyer investors. I noted an email from a memeber saying nothing had been recieved as of Thursday 17/01/08.
I am a UK based investor in the Kensigton Manor project and so far my dealings with Skycom have been very professional. I agree that there has been some confusion regarding their status in terms of RERA registration and frankly absolute lack of communication even within the staff. When queried many of the staff have been giving me slightly vague answers but I am loath to put this down to any kind of deciet. Seems like more a case of lack of internal information. ( I could be absolutely wrong here).
Any way as of Wednesday 16/01/08, I recieved the ACW 1st quarter newsletter. Here is an extract:

"ACW Holdings is pleased to announce that we have registered with the RERA (Real Estate Regulatory Authority) under Escrow Law 8. Escrow Law 8 requires that all funds involved in the sale/purchase of off-plan properties will be managed through an escrow account which in turn will be run by banks and financial institutions approved by the Dubai Land Department making the off-plan real-estate market transparent, uniform and secure."

I'm not sure if this means that they have just applied and yet to be registered or its complete. Guys in Dubai can probably shed some light here.

Other aspects of the newletter included:
ACW Holdings appoints GEO foundation Group LLC
ACW Holdings Ltd, the British Managed developer with planned developments in Jumeirah Village and Arjan, Dubai has appointed GEO Foundation Group LLC to carry out enabling works on their Knightsbridge Court and Kensington Manor projects in Jumeirah Village Circle, Dubai.

Hope this helps and maybe ACW can confirm any discrepancies in the above