Brand Story

LongAsia Group is a multi-business and cross-regional company, providing securities and futures, forex trading, asset management, liquidity clearing and other comprehensive services to customers around the world through its subsidiaries. 

Office

According to regulatory information, LongAsia’s office in Singapore is at 1 Kim Seng Promenade, 15-02 Great World City, East Tower. A team is sent to this place for a field survey. 

The survey staff found City East Tower according to the address. Not in Singapore’s financial district and not having a subway near it, this is an office building connected to a shopping mall. 

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The survey staff entered the building and found there were no security staff. A reception desk and its staff did exist. After registering as visitors at the reception desk, the surveyors took an elevator to the 15th Floor. LongAsia was located in Room 1502, according to a company sign in the corridor.

The surveyors then arrived at the door of LongAsia’s office, where they found the company’s logo on a whiteboard. To make sure the results were correct, the surveyors checked the door number carefully and confirmed that this was the company’s office. The surveyors looked into the office through transparent glass doors and estimated that it could accommodate about 20 employees. Staff were seen working methodically, partially reflecting the fact that the company is functioning normally.

Conclusion

A field survey confirmed that the actual address of LongAsia Group was consistent with its regulatory address. The company holds a retail forex license from the Singapore MAS (No: CMS100756-1) revoked, a clearance license (No: 165/SPKK/ICH-ALLL/VIII/2018) and a brokerage license (No: 188/SPKB/ICDX/DIR/VIII/2018) from the Indonesian commodities(Both the licenses have been canceled.)and derivatives exchange ICDX and an asset management and securities advice licence from the Hong Kong SFC (No. BGX443).Investors are advised to resort to their good judgement after consulting the said above.