Public Gold Lifted from Bank Negara Malaysia Alert List
Public Gold name was removed from the Bank Negara Malaysia’s (BNM) consumer alert list on 29 October 2012.
For Bank Negara Malaysia’s (BNM) consumer alert list, please check Financial Consumer Alert List by Bank Negara Malaysia
LATEST UPDATE:
Bank Negara Malaysia | Central Bank of Malaysia WARNING on Public Gold!
“The de-listing is NOT an Endorsement or Authorisation by BNM on the company’s business activities.
BNM will continue to monitor entities to ensure no illegal activities are conducted,” a Bank Negara official told theedgemalaysia.
“BNM would not hesitate to take appropriate action if entities contravene any laws administered by BNM.”
Datuk Louis Ng, founder and executive chairman of Public Gold, say that Public Gold practice a transparent business model whereby they solely buy and sell physical gold and silver bars without deceiving our customers with unrealistic offers.
Good news to all the Public Gold’s consultant and investors.
Some of the extract of the gold trading company statement.
“At Public Gold, we practice a transparent business model whereby we solely buy and sell physical gold and silver bars without deceiving our customers with unrealistic offers,” Datuk Louis Ng, founder and executive chairman of Public Gold, said in the statement.
“Our customers’ interest is always our number one priority, which explains why we have offered to render full co-operation to the authority without any doubt, to assist and speed up on the investigation process.”
Public Gold, which has 18 branches and is NOT related to Public Bank Bhd, said it will “continue to maintain a proactive relationship with BNM and local authorities to comply with guidelines at all times”.
Public Gold Official Statement-Bank Negara Lifted Public Gold From Alert List
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Public Gold Corporate Video
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Public Gold On Astro Awani
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Public Gold On TV1 News
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