KUALA LUMPUR (March 15): Supermax Corp Bhd has warned the public of a scam using the company’s corporate credentials to promote investment schemes via social media and other virtual platforms.

In a statement today, the glove manufacturer said the scam floating on social media, claiming to be agents of the group, offered high returns within a short period of time to induce potential investors. 

“We wish to reiterate and advise the public not to entertain such claims as these are fraudulent claims, and Supermax has no affiliation with these unauthorised parties. 

“Please exercise caution and be vigilant so as not to fall victim to such scams,” Supermax said in the statement.

Supermax added that if any parties are found to be fraudulently claiming or misrepresenting themselves to be acting for and/or on behalf of the group, the company reserves the right to legal recourse against such parties.

The rubber glove maker also highlighted that it has lodged police reports and alerted the regulators on such fraudulent activities.

“When in doubt, kindly contact us at [email protected] and/or [email protected] for confirmation,” it said. 

Shares of Supermax finished one sen or 0.25% higher at RM4.09, valuing the glove manufacturer at RM11 billion.