BUSINESS > NEWS

SC Adds 3 Unauthorised Entities, 1 Potential Clone Entity To Investor Alert List

19/08/2024 04:18 PM

KUALA LUMPUR, Aug 19 (Bernama) -- The Securities Commission (SC) Malaysia has updated its Investor Alert List to include three unauthorised entities as well as one potential clone entity.

In its post on X today, the SC said the unauthorised entities were Minos Markets Ltd, ZFinances and Cikgu Syahmi Academy.

The regulator also urged investors to beware of a potential clone entity posing as a legitimate entity.

“A potential clone entity called ‘Bursa Malaysia Biz’ has misused the name and credentials of Bursa Malaysia Bhd, an exchange company under the purview of the SC and the Ministry of Finance,” it said.

The SC also urged investors to exercise all due diligence before investing, adding that those who wish for further details may visit the SC’s official website at www.sc.com.my/investor-alert.

-- BERNAMA


BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2024 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy