We have been alerted to an app called “太白app软件” (“Taibai Software”) and a WeChat group called “京商会” (“Beijing Chamber of Commerce”) that claimed to be affiliated to 太白投资有限公司 (Taibai Investments Pte. Ltd.). The app and WeChat group purported to sell wealth management products.

This is a scam that involves the impersonation of our wholly-owned subsidiary Taibai Investments Pte. Ltd. (太白投资有限公司). The app “太白app软件” (“Taibai Software”) and the WeChat group “京商会” (“Beijing Chamber of Commerce”) are not related to Temasek or Taibai Investments Pte. Ltd. (太白投资有限公司) in any way.

Temasek and Taibai Investments Pte. Ltd. (太白投资有限公司) do not directly sell or market retail investment products or financial instruments in China. We have not authorised any third party to do so on our behalf.

Please exercise care and diligence when dealing with parties purporting to represent or be associated with Temasek. Take steps to confirm their authenticity and authority to act.

If you have relied on this fake information to make investments or purchases, we recommend you report the matter to your local police authorities. Temasek does not assume nor accept responsibility for any transactions conducted using this app or through the WeChat group.

We regularly publish alerts concerning detected scams, impersonations and misinformation at our newsroom at https://www.temasek.com.sg/en/news-and-resources/news-room?filters=alerts.