AmanahRaya Investment Management (ARIM) issues scam alert

by TMR / pic credit: arim.com.my

AMANAH Raya Bhd’s wholly-owned subsidiary AmanahRaya Investment Management Sdn Bhd issued a scam alert following reports of a website using ARIM’s registration number to offer automated discretionary portfolio management services.

ARIM on its official website said that it does not own any other website other than www.arim.com.my.

“Please be advised not to click or respond to any suspicious link sent to you via email, SMS or any other text messaging applications,” ARIM said on its website.

ARIM’s holding company Amanah Raya is a Sovereign Wealth Fund with total current equity assets of US$624.8k under management invested in 2 securities, according to Bloomberg data.

By industry sector, its largest current exposures are in the Real Estate (53.2%) and Materials (46.8%) sectors. Its largest five-year increase is in the Materials sector. Its largest five-year decrease is in the Communications sector.

By geographic region, its largest exposure is in Asia Pacific (Emerging) (100%). Its largest five-year decrease is in Asia Pacific (Emerging).

By market cap, its largest exposure is in Micro Cap (100%) stocks.