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


KUALA LUMPUR, 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.

Source: BERNAMA News Agency

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