ACE Investment Bank Limited (Company No: LL13216) wishes to inform the public of a concerning incident that has recently come to our attention. We have recently discovered that certain individuals have misused our company name and logo for unauthorized promotion of investment products through various Telegram groups. It has been noted that one of these groups was administered by an individual named Ridzuan Bin Salleh. We want to clarify that Ridzuan Bin Salleh is not an employee of ACE Investment Bank Limited. The Telegram Group links associated with this misuse are as follows:

1. https://t.me/PelaburanSahamAce
2. https://t.me/ace_investment_bank
3. https://t.me/kYvth4Gb4JlMjRl
4. https://t.me/acePlaburansaham
5. https://t.me/Adm1nPelabur4n (Tel: +601139307482, ID: Adm1nPelabur4n)

ACE Investment Bank Limited takes matters of unauthorized use of our brand identity very seriously. In response to this situation, we have filed a police report to initiate a thorough investigation into the matter. Such misuse of our name and logo without our consent has caused significant damage to our reputation and brand integrity as per The Edge news report dated 24 November 2023 which highlights the Securities Commission's adds four entities to the Investor Alert List, one of which is identified as a potential clone:

https://www.msn.com/en-my/money/topstories/sc-adds-four-entities-to-investor-alert-list-one-being-potential-clone/ar-AA1krxi6

We wish to emphasize that ACE Investment Bank Limited is not associated with the mentioned individuals or any unauthorized promotion of investment products carried out through the mentioned Telegram groups. It is important to note that any investment products sold in the Telegram groups have no affiliation or connection with ACE Investment Bank Limited. We strongly condemn any attempt to misuse our brand for deceptive purposes.

We will take all necessary legal measures. We appreciate the trust and support of our clients, partners, and the public, and we assure you that we are actively working to resolve this issue. If there are any concerns or inquiries regarding our operations, we encourage you to contact our official channels https://aceinvestmentbank.com/ or info@aceinvestmentbank.com for verification and clarification.

Thank you.

Sincerely,

ACE Investment Bank Limited (Company No: LL13216)