: The Companies Commission of Malaysia has received 362 complaints related to alleged fake investments involving several companies offering investment schemes using the sharia redeemable shares concept from the Malaysian International Humanitarian Organisation on June 21, 2023.
It said SSM would also call several more complainants to ascertain whether there is a basis for an offense under the legislation administered by SSM. It said SSM is always consistent in regulating compliance with the provisions of the law administered while also ensuring that the corporate community is aware of business responsibilities and ethics.
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