Asked by Anonymous

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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  • Vineeta Sonone
    Vineeta Sonone, Financial Assistant at Multi Management & Future Solutions
    Level 4. Prodigy
    Answered on 12 Apr 2019

    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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