Sat, 27 Apr 2024
Login

HEADLINES :


Home / Business News

SC in midst of reviewing Lavidacoin
Published on: Tuesday, August 28, 2018
Text Size:

Kuala Lumpur: The Securities Commission Malaysia (SC) is in the midst of reviewing all available information on Lavidacoin to determine any breach of securities laws.In a statement, the SC said it had received queries on the issuance of a whitepaper for the offering of Lavidacoin to members of the public.

"The whitepaper claims that Lavidacoin is offered as a private funding initiative to raise development capital / funds for three projects. It also claims that it is only through crowdfunding that such a diverse range of projects can meet development funding needs.

"The SC advises investors to exercise due diligence and be cautious of the risks of participating in any investment schemes, in particular those involving cryptocurrencies and digital tokens," it added. – Bernama





ADVERTISEMENT




Branded Articles
U Mobile opens first store in East Malaysia to further strengthen presence in the region
Three Sabah start-ups get honours
The All New Touareg R-Line
30% Units Sold During Launch of Kayana Heights by KTI Landmark Berhad
Legoland School Challenge: RM10,000 up for grabs

Top Stories Today
Keningau teacher Sydney wins Cambridge award
Keep counters open at all times, govt departments told
Kelantan tahfiz ustaz arrested for allegedly sodomising students
Man rams his car into neighbours' over their noisy quarrel
Singapore side to feature in 2024 Sabah Maju Jaya Cup
Business Top Stories
Kibing – China’s top investment in Sabah
Three Sabah start-ups get honours
AirAsia Consulting engages IFC on SriLankan Airlines divestiture
Nestle to adjust prices for products after surge in cocoa prices
Malaysian banks stand firm against external headwinds

Follow Us  

Daily Express Online


Follow us on             

Daily Express TV  
close
Try 1 month for RM 18.00
Already a subscriber? Login here
open

Try 1 month for RM 18.00

Already a subscriber? Login here