Malaysian Financial Regulator Warns Unregulated Entities in October

The Securities Commission Malaysia (SC) has updated its Investor Alert List for October, adding new unauthorized websites, investment products, companies, and individuals.

The following person(s)/entity(ies) was/were added to the list in October 2024:

TH Plantations MMCT Pro

Capital Insights Network

Deus Technology

L-Trader

Campassion Capital Managers

Dira Trader

Secured Prime Trade

Saham AP Trade

Exclusive Markets

UbitEx

Money Hunter

CoinW

A Trade-Pro

Ying Trade Pro

Broker Patuh Syariah

UVKXE

Arcadia Equity

Smart Amanah Investment

Crypto Currency

Immediate Luminary / FX Novus

Fin Trade World

Rakyat Malaysia Labur Berhemah

Sahabat Trade Investment Malaysia

Mentorship by Tuan Muda

In addition, the SC also suspected the following entities as clones. The financial service providers may be pretending legitimate firms to disguise the true face of impersonators.

Bursa Malaaysia

Mussafa Investment

Potential clone entity - Southern Stock Broker

Artisan Partners / ATS-P

Vettons Fintech Esos

Efinity Capital / ECMT Pro

Invest Inside / Trade Plus

Kewangan Maju / UBS S.M.S.B 583

MY Kesatuan / MTDC

Hap Seng Consolidate Berhad (HSBC) (Telegram group)

Louise Holden Capital Management

Perception Capital HK

This list is not exhaustive and only serves as a guide to investors before making any investment decisions, the Malaysia SC reminded.