Malaysia SC Updates Investor Alert List, Adding 19 More Unauthorised Companies in September 2023

The Securities Commission Malaysia (SC) has updated its Investor Alert List, 19 unauthorized websites, investment products, companies or individuals were added to the warning list in September 2023.

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 2023:

1. Islamic Trading Group

2. Potential clone entity – Syfe Trade

3. Potential clone entity – Gold Timber Holdings / GTH Platform

4. Pelaburan Muhammad Faizuddin

5. Potential clone entity – LFM Global

6. Cikgu Kripto / Six Digit Club

7. TXN Bot

8. 24 Forex Market

9. ALC Software Solution

10. Global Stock Trading

11. Potential clone entity – United Global Malaysia

12. Potential clone entity – Bill Morrisons Sdn Bhd

13. TA Trading Malaysia 1270

14. Potential clone entity – MIDA Consultant Sdn Bhd

15. NicShare

16. Potential clone entity – Sinegy Future Investment

17. Potential clone entity – Bombay Burmah Group 505

18. Potential clone entity – Wahed Investment Online

19. Potential clone entity – Fira Indicator

The list is updated periodically for public's reference.