KUALA LUMPUR (Feb 5): The Securities Commission Malaysia (SC) has issued an alert about a potential “clone firm” investment scam that is believed to impersonate Xeraya Capital Sdn Bhd.
The SC said there is a possible clone of Xeraya Capital impersonating the firm as www.xeraya-capital.com, offering high returns for a minimum investment of RM550 within 24 hours.
Xeraya Capital, which is owned by sovereign wealth fund Khazanah Nasional Bhd, acknowledged the SC alert on the firm’s official website at www.xeraya.com.
It however stressed that it is a legitimate business operator with a restricted capital markets services licence.