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🚨 The SC is requesting public assistance to locate Syarmi bin Shamsuddin (Syarmi), a former unit trust and PRS consultant, who is suspected of multiple misconducts related to unit trust investments.

If you have any info, contact 03-62048999 or  email to aduan@seccom.com.my. pic.twitter.com/pYfsqIoP8r
— SC Malaysia (@SecComMalaysia) August 13, 2024

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Securities Commission appeals for public help in locating former unit trust consultant over alleged misconduct | Scoop
The individual known as Syarmi Shamsuddin is alleged to have committed several offences relating to unit trust investments. – @SecComMalaysia X pic, August 13, 2024
News

Securities Commission appeals for public help in locating former unit trust consultant over alleged misconduct

Individual named Syarmi Shamsuddin is founder and CEO of financial planning agency The One Asia advisors, based on online checks

Main Author Image
Qistina Nadia Dzulqarnain
Updated
6:49 PM MYT

 

KUALA LUMPUR – The Securities Commission (SC) is on the hunt for an individual known as Syarmi Shamsuddin for allegedly committing several offences relating to unit trust investments. 

In a post on X today, the commission said it is requesting public assistance to locate Syarmi, whom SC said is a former unit trust and private retirement scheme consultant. 

Syarmi is suspected of misconduct involving unit trust investments and was last seen in Kota Damansara, Petaling Jaya. 

“The SC is seeking Syarmi in connection with breaches of the Capital Markets and Services Act 2007, Guidelines on Conduct for Capital Market Intermediaries as well as the Federation of Investment Managers Malaysia’s 2013 and 2020 Code of Ethics.”

Those with information on Syarmi’s whereabouts can contact the SC at 03-620-4899 or aduan@seccom.com.my. 

Meanwhile, checks online found that Syarmi is the founder and chief executive officer of financial planning agency The One Asia Advisors.

According to its website, the company offers “independent holistic advice on financial planning services” across multiple sectors, including banking institutions, asset management companies, fund management firms, corporate trustees and offshore financial institutions. 

The company also claims to have “more than 10 years” of experience in Malaysia. – August 13, 2024

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