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UEM Sunrise cautions the public against investment scams using the Company name and image

KUALA LUMPUR, 2 June 2020 – UEM Sunrise Berhad (“UEM Sunrise” or the “Company”), one of Malaysia’s leading property developers cautions the public against scammers claiming to represent the Company in a get-rich-quick investment scheme.

It has been brought to the Company’s attention that Whatsapp messages have been sent from parties impersonating as UEM Sunrise staff, inviting the public to make deposits for investment in foreign stocks. The message also promised extremely high returns despite a small amount of investment in as little as five hours, and to refer to uemsunrise.com for more information.

While the link is the legitimate corporate website of UEM Sunrise, the Company unequivocally states the claim is totally false.

“The scheme as stated in the Whatsapp message is not in our portfolio or operated by the Company in any form or substance at any level of the organization,” said a Company spokesperson

“Our principal business has been and continue to be property development and property-related businesses. We are investigating the matter and advise the public generally to be vigilant of scammer(s) claiming to be staff of reputable organisations such as ours, and to only refer to official social media platforms and website for the latest information about our products and services,” the Company spokesperson added.

UEM Sunrise’s name and image was also previously used in a Facebook post which has since been removed, similarly to attract deposits for investments into Cryptocurrency Exchange, Derivative Trading Platform and other instruments.