What does it means if a company is in the mas investor alert list? ? - Seedly

Investments

Asked by Anonymous

Asked on 12 Apr 2019

What does it means if a company is in the mas investor alert list? ?

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Loh Tat Tian
Loh Tat Tian
Level 6. Master
Answered on 16 Apr 2019

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.

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Yong Kah Hwee
Yong Kah Hwee
Level 6. Master
Answered on 15 Apr 2019

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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You should be extra cautous while dealing with such companies. As an investor you must be always be on alert. Do not get carried away by their claims of high returns with low risks.

More info - https://kat88investments.com/2013/11/01/what-does-it-mean-when-a-company-is-listed-in-the-mas-alert-list/

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