Temasek: Taibai Investments are being misappropriated and have not directly sold or retailed any investment products or financial instruments in China.
Temasek Holdings has released a clarification announcement on the misuse of the name "Taibai Investment". It has come to our attention that there is an application called "Taibai App Software" as well as a WeChat group named "Jingshang Hui" claiming to be affiliated with Taibai Investment Limited. This application and WeChat group claim to sell financial products. This is a fraudulent act of impersonating Taibai Investment Limited, a wholly-owned subsidiary of Temasek Holdings. Temasek Holdings and Taibai Investment Limited have no affiliation with the "Taibai App Software" application or "Jingshang Hui" WeChat group. Temasek Holdings and Taibai Investment Limited do not directly sell or retail any investment products or financial instruments in China, and have not authorized any third party to represent the company in such activities.
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