SC launches first mobile app for investors

by **hlk** Fri 06 Dec 2013, 18:24

KUALA LUMUR: The Securities Commission launched its first mobile application for investors to provide them with a channel to learn more about investments knowledge and verify the legality of an investment product.

The app, launched at the “SC Reach” roadshow at the Suria Sabah Mall in Kota Kinabalu on Friday, can be downloaded for free.
The three-day investor education programme, which ends on Sunday, is held in collaboration with industry and government agencies.

According to the SC, the programme aims to reach out to 10,000 potential and current investors in Sabah, which has a growing investor base due to its young and diverse population.

“The SC REACH investor education programme is part of SC’s ongoing efforts to promote more informed investor participation by increasing public awareness on the wide range of capital market products available and educating investors about their rights and responsibilities when investing in the capital market,” said the SC.

Twenty-four exhibitors comprising capital market service providers, institutions, federal and state government entities are taking part in this investor education initiative.

The public can visit the exhibition booths set up by participating entities to learn more about the different types of investment products offered by the capital market, including unit trust funds and private retirement schemes (PRS).

Senior officers from SC, Bank Negara Malaysia, Bursa Malaysia and the Private Pension Administrator (PPA) will also give talks on investment related topics, including an introduction to PRS and Shariah-compliant capital market products. In addition, a Bijak Mengurus Wang (B.M.W) money management seminar will be organised by SIDC, the training arm of SC.

SC Chairman Datuk Ranjit Ajit Singh and Sabah Rural Development Minister Datuk Radin Malleh officiated the event.