Reason for On-site Inspection Malaysia's foreign exchange market is relatively developed, with a high level of service from forex brokers, but the industry concentration is also high, and it is facing impacts and changes from financial technology. The Securities Commission Malaysia is the main regulatory body for forex brokers. In recent years, it has continuously strengthened risk management and consumer protection regulations, requiring brokers to increase transparency, and investor education has also been enhanced. Recently, many investors have written to express their desire to see more dealers operating in Malaysia exposed. In order to help investors or practitioners gain a more comprehensive understanding of forex dealers in Malaysia, the on-site inspection team plans to conduct a field visit to Malaysia to learn more about the actual situation of more dealers.

On-site Inspection Process This time, the on-site inspection personnel went to Malaysia to conduct a field visit to dealer Antos Pinnacles. According to public information, the address of dealer Antos Pinnacles is No.17-26, Avenue Crest, Jalan Jubli Perak 22/1, Seksyen 22, Shah Alam, 40300, Selangor, Malaysia.

The on-site inspection personnel conducted a field survey of dealer Antos Pinnacles's office based on the above information. The destination of the inspection is located at No.17-26, Avenue Crest, a high-rise serviced apartment in Section 22, Shah Alam, Selangor, Malaysia (No.17-26, Avenue Crest, Jalan Jubli Perak 22/1, Seksyen 22). It is understood that the first floor of the building corresponding to this address consists of shops, convenience stores, restaurants, etc., and the surrounding streets are quite busy.

After arriving at the address, the on-site inspection personnel observed that the lobby of the building did not have a directory board, so they had to take the elevator directly to the 17th floor. On the corridor of the 17th floor, they could see a floor index, but it only showed two companies, and neither was the name of dealer Antos Pinnacles.

Subsequently, the on-site inspection personnel arrived at office 17-26 and did not find any company name related to dealer Antos Pinnacles. In addition, several reminder notices were posted on the door of the office, indicating that the owner of the unit owes multiple fees to the building management and the local land authority. From this, it appears that the office has not been in use for a long time.

Therefore, after the on-site inspection, it is confirmed that dealer Antos Pinnacles does not exist at the above address.

On-site Inspection Summary The on-site inspection personnel went to Malaysia as planned to conduct a field visit to dealer Antos Pinnacles, and did not find the dealer's office at its publicly displayed business address. In other words, this dealer does not have a real business presence at this location. Please make your choice after comprehensive consideration.

Disclaimer The above content and opinions are for reference only and do not constitute investment advice. Investment involves risk, and selection should be made with caution.