SSM probes cattle farming scheme
May 27, 2010 by
Filed under investment companies
SSM probes cattle farming scheme
COMPANIES Commission of Malaysia (SSM) has raided the offices of Prestige Dairy Farm Sdn Bhd in Bangsar, Kuala Lumpur, and Johor Baru, Johor, yesterday for suspicion of carrying out an unregistered investment scheme. The company is suspected of soliciting public funds for investment in Frisian-Jersey cattle. The minimum investment is RM26,786 per cattle, SSM said in a statement. SSM’s probe is …
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