Malaysia's Securities Commission warns of investment scams involving pre-IPO shares on Bursa Malaysia, with losses exceeding RM800,000.
Malaysia's Securities Commission (SC) warns public about investment scams involving pre-IPO shares of companies listing on Bursa Malaysia. Scammers pose as agents, create WhatsApp groups, and require payments into unrelated accounts. The SC received complaints of losses exceeding RM800,000 and advises the public to verify offers using their Investment Checker at www.sc.com.my/investment-checker.
July 04, 2024
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