Securities Commission Malaysia orders Quantum Metal Exchange Inc to cease offering shares to public

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Securities Commission Malaysia orders Quantum Metal Exchange Inc to cease offering shares to public
Securities Commission MalaysiaQuantum Metal Exchange IncQMEI
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The Securities Commission Malaysia (SC) has directed Quantum Metal Exchange Inc (QMEI) founder and director Datuk Lim Khong Soon @ Lim Hock Seng to immediately cease and desist the offering of QMEI shares to the Malaysian public.

The Securities Commission Malaysia (SC) has directed Quantum Metal Exchange Inc ( QMEI ) founder and director Datuk Lim Khong Soon @ Lim Hock Seng to immediately cease and desist the offering of QMEI shares to the Malaysian public. The regulator said the cease-and-desist directive was issued following SC’s findings that QMEI is offering its shares to the Malaysian public, including via the Quantum Metal Sdn Bhd’s (QMSB) website/platform to QMSB members.

“The QMEI share offering, which is currently ongoing, contravenes the relevant requirements under securities laws

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Securities Commission Malaysia Quantum Metal Exchange Inc QMEI Cease And Desist Shares Malaysian Public

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