Malaysia SC Updates Investor Alert List, Adding 10 Unauthorised Companies in January 2024

The Securities Commission Malaysia (SC) has updated its Investor Alert List, 10 unauthorized websites, investment products, companies or individuals were added to the warning list in January 2024.

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 January 2024:

• Master Binary / Sahabat Trader Binary

• Potential clone entity – I Investment 254

• SC-FXBROKER

• Sahabat Untung

• Potential clone entity – Hong Leong Corp Telegram Group

• Pelaburan Smart Malaysia / Smart Trade

• Potential clone entity – Pelaburan FXTM Broker

• Success Trade Partners

• Potential clone entity – Al-Rajhi Bank Telegram Group

• Potential clone entity – Mesti Berhasil

The list is updated periodically for public's reference.