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Lestari Pasifik on SC’s alert list

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Lestari Pasifik on SC’s alert list  Empty Lestari Pasifik on SC’s alert list

Post by hlk Tue 02 Aug 2011, 14:18

KUALA LUMPUR: Lestari Pasifik Bhd has been placed on the Securities Commission’s (SC) alert list for issuance of prospectus without registering with the SC.

The SC included Lestari Pasifik on its alert list on Tuesday, Aug 2.

The alert list includes websites, investment products, companies and individuals not authorised not approved under the securities laws to deal in securities, trade in futures contracts, advise on corporate finance, provide investment advice, financial planning and/or fund management services related to securities or futures.

“The public is advised not to make any investment with companies/individuals that are not licensed or approved by the SC.

“Offers often come in the guise of seemingly attractive investment opportunities or schemes and may also be camouflaged as direct selling or business opportunities,” the SC said on its website.
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