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Anonymous
What does it means if a company is in the mas investor alert list? ?
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Loh Tat Tian
16 Apr 2019
Founder at PolicyWoke (We Buy Insurance Policies)
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It means you gotta be careful with these companies! They might be fraud companies. I would stay away from them if I were you.
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Ashley Wong
12 Apr 2019
Financial Assistant at Multi Management & Future Solutions
You should be extra cautous while dealing with such companies. As an investor you must be always be ...
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Basically it means
1) There have been some "complains" that is related to investment, but they are not licensed by MAS
2) There are promises of returns, but they are not financial advice
3) There is no recourse for you (much) from MAS.
4) The products are touted as "investment" mostly, yet does not have a formal structure for reporting of FY, etc etc that is governed and required in MAS rulings.