Which potential clone entities were identified by the SC this week?

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SC Identifies Five Potential Clone Entities This Week

The Securities Commission (SC) Malaysia has updated its Investor Alert List this week, adding five entities suspected of being clone operations. These additions serve as a warning to the public regarding potential investment scams. The SC urges investors to exercise due diligence and verify investment opportunities before committing funds.
W I A Invest (615) Identified as Potential Clone

Among the newly listed entities is W I A Invest (615). The SC's inclusion of this name on its alert list signifies that it is being investigated as a potential clone of a legitimate investment entity. Such entities often mimic the branding and operations of regulated firms to deceive investors.
HSBC Bank Investment 24 and Tengku Idris FX Added to Alert List

Two other entities, HSBC Bank Investment 24 and Tengku Idris FX, have also been flagged by the SC. These names appear on the updated Investor Alert List, indicating that they are suspected of operating without authorisation or impersonating regulated entities. Investors are advised to be cautious when encountering these names.
Uobtrade and Infinity Prosper Sdn Bhd Also Flagged

The list of potential clone entities further includes uobtrade and Infinity Prosper Sdn Bhd. The SC's action highlights ongoing efforts to protect investors from fraudulent schemes. By publishing these names, the commission aims to prevent individuals from falling victim to unregistered or misleading investment platforms.

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Which potential clone entities were identified by the SC this week?

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