OFFICIAL STATEMENT FROM THE MANAGEMENT OF IPAM

Lifting of suspension by SC and reinstatement of Dato’ Dr Nazri Khan as Portfolio Manager for IPAM

Dear Valued Clients,

Further to the statement issued by Inter-Pacific Asset Management Sdn Bhd (“IPAM”) on 23rd December 2022, we wish to inform that the Securities Commission Malaysia (“SC”) had, on 22nd June 2023, lifted the suspension of Dato’ Dr. Nazri Khan’s (“DDNK”) Capital Market Services Representative License (“CMSRL”).  Prior to this, DDNK had been suspended for 6 months pursuant to Section 72(3) of the Capital Market and Services Act 2007 (“CMSA”).

We would like to extend our sincere gratitude to our clients for their unwavering support throughout this period. We wish to assure you that we will continue to prioritize compliance, risk management and maintaining a strong regulatory framework moving forward. We remain focused on delivering value to our clients and will continue to strive for excellence, foster trust, and uphold the principles that have guided our Company since its inception.

Thank you again for your trust and confidence in us. We look forward to achieving new milestones together.

Should you have any queries, please do not hesitate to contact our Customer Service at 03 2117 1889 or email your inquiry to [email protected].

Thank you.

 

From the Management of Inter-Pacific Asset Management Sdn Bhd