Malaysia SC Updates Investor Alert List: 16 Unauthorized Entities Added in September 2025

The Securities Commission Malaysia (SC) has updated its Investor Alert List, 16 unauthorized websites, investment products, companies or individuals were added to the warning list in August 2025 (until September 23).

Please take note that this list is not exhaustive and only serves as a guide to investors prior to making any investment decisions.

The following person(s)/entity(ies) was/were added to the list in September 2025:

• ​http://334696.com/

• ​Wawasan Ihsan

• ​DESG

• Potential clone entity – Luno / Valr Trading

• ​AGW-MS Capital

• ​Potential Clone Entity - ATRIUM REIT

• ​Long Asia Group

• ​Potential clone entity - Mase Global Resources

• ​Potential clone entity - Petronas Invest / Quantiumax

• ​Tech Traders Investment

• Potential clone entity – Investssmartsc (Instagram)

• ​Potential clone entity - Privium Fund Management / PFMPRO

• ​Igni Trader

• Potential clone entity – TA Securities

• Potential clone entity – Association of Financial Advisers

• ​Equality & Opportunity Development | Equality Opportunity Management

The list is updated periodically for public reference.