Hi all Sifu / SA investors,

I am new to this Stashaway Malaysia (“SA”), appreciate anyone can provide me the referral promo code. Thank you in advance . Want to try test invest in SA starting in small amount.

I had read thru this Lowyat Forum until page 55, not sure have you guys discuss on the issue below or not and it also one of my question.

I read thru SA website FAQ regarding the safety of the invertors’ money in SA. Below statement were copies from SA website.

What happens to my money if StashAway gets acquired, goes public, or closes?

Your money is kept entirely unmingled with StashAway's finances. To ensure that we never touch your money, we use custodian banks that hold your money, whether it's in cash or in securities. StashAway has made it a top priority to work with global, reputable banks for these purposes. Our custodian bank for receiving your deposits is Citibank Berhad, while Saxo Capital Markets Pte Ltd is our custodian for your investible cash and securities. In these custodian institutions, your assets are always in a segregated account-- one that is separate from StashAway's operations and assets. This means that you will always have full access and claim to your assets no matter what happens to StashAway.

Where is my money kept?

Your money is kept entirely unmingled with StashAway's finances, and your assets will always be held in large institutions. Your cash deposits will be held by our Trustees, Pacific Trustees, in their account at Citibank Berhad.Citibank Berhad will then convert your RM into USD onshore, and transfer it to our broker (Saxo Capital Markets Pte Ltd), which purchases the ETFs on your behalf. Therefore, your investable cash and securities are held in a custodian account at Saxo. Pacific Trustees is a SC-licensed trustee that provides custodial services to StashAway Malaysia.Your cash deposits are held with Pacific Trustees's Citibank Berhad account. Pacific Trustees has opened this account specifically to keep safe the assets of StashAway Malaysia's customers. Similarly, the account with our broker Saxo is also opened by Pacific Trustees. This provides additional security for customers and protects customers from the unlikely event that StashAway Malaysia goes bankrupt, as customers' funds are unmingled with StashAway Malaysia's.We are regulated by the Securities Commission Malaysia. StashAway is the first robo-advisor in Malaysia to be awarded the Capital Markets License by the Securities Commission under the Digital Investment License Framework. You can find our license here.

Question : The above statement is it proven ? To prevent SA took the investor money and run away ? As I know that SA also mention it regulated by Securities Commission Malaysia.

Appreciate your comments and sharing.

Thank you.