Dear Valued Customers,
Pursuant to the AMLA investigation conducted by the regulatory authority, we regret to inform that till the end of the investigation our investors’ and company funds will be frozen. Therefore we’re unable to perform our obligations to customers and must suspend any business activity with immediate effect.
SFX is part of the financial institutions who is fully committed to abide by all the monetary regulations and compliances for the interests of all our customers. We have not and will not engage in any illegal business activities or abetting any money laundering activities at all time. We therefore firmly stand by our principles and consciences that we are at no time in breach any monetary legislations in the course of conducting our business activities.
In view of the circumstances, we have been strongly advised by our legal advisors to initiate legal proceedings for early recovery of our investors’ funds without any further delay.
The legal proceeding is inevitable, the processes are tedious and time constraints. However, on the positive note and in view of the favorable impressions and assurances vested by our legal experts, we are confident of a fruitful outcome and the funds may be released in a much shorter time frame.
We will keep you posted of any further development in due course.
On behalf of the Board of Directors and Management, we sincerely apologize for all the inconveniences and hardships caused.
We’ll publish all relevant information about funds release on this page.
Thank you for your understanding and continuous supports.