In a recent post by Ping Min market, the community market that’s well loved by many has shared a statement announcing that they will be ceasing all operations immediately.
“It is with outmost regret that Ping Min Market and Ping Min Hub (PM & PH) has to cease all operations. It has come to our attention that a serious scheme of fraud has been committed within PM & PH that we are no longer able to operate”, it wrote.
Payment & invoice authorisation clarification
Clarifying further, it mentioned that both Ping Min Market and Ping Min Hub are proprietary brands which is solely and exclusively operated by Black Onion Production. All financial transactions should only be made to their company’s bank account.
“All financial transactions relating to Pingmin Market or Pingmin Hub including — but not limited to booth rentals, venue rentals, service charges, and any other payments — must be conducted exclusively with BLACK ONION PRODUCTION (M) SDN BHD.“
Following the issue, the statement also mentioned that:
- All invoices must be issued by BLACK ONION PRODUCTION (M) SDN BHD
- All payments must be made to accounts registered under BLACK ONION PRODUCTION (M) SDN BHD
- No other company, entity, or individual is authorized to collect payments on our behalf
- No third party may issue invoices for our brands or services
Explicit prohibition of unauthorized representation
The statement also mentioned that they DID NOT authorise, permitted or appointed:
- Any third-party company to act as our agent or representative
- Any individual from our company to collect payments under our name or under a different company name
- All payments must be banked in directly by you into the company’s official account.
- We do not recognise any other form of payment. You have been duly notified.
- No person (including directors and employees) is authorized to collect any payment on behalf of the company
Image credits: Ping Min Market
Ping Min urges vendors to protect themselves & their business
Before making ANY payment:
- Confirm your agreement – Ensure that any agreement you sign is with BLACK ONION PRODUCTION (M) SDN BHD (1522961-P)
- Verify the recipient – Ensure all invoices are issued by BLACK ONION PRODUCTION (M) SDN BHD (1522961-P)
- Use official accounts only – Payments must go exclusively to our official bank accounts listed below
- Request written confirmation – If in doubt, contact them directly using official channels
- Report suspicious activity – Immediately notify them if anyone requests payment to unauthorized accounts
Any transaction conducted outside our official accounts will NOT be recognized as valid and will NOT be honored.
Bank Account Name:
BLACK ONION PRODUCTION (M) SDN BHD
Bank Account No:
PUBLIC BANK – 323 638 1428
AFFIN BANK – 1015 700 32193
If you receive any payment request or invoice that appears suspicious, or if you need to verify legitimacy feel free to reach out to:
- Estica Teh – Co Founder
Email: [email protected] | Phone: +6017 777 9683
Add: 36 Jalan Kamuning, Pinggiran TRX, 55100 Kuala Lumpur - Facebook or Instagram: Pingmin Market 平民市集
Seemingly, the statement that was posted just 5 hours ago has sparked online discussions. Given the severity of the matter, we urge all to refrain from spreading allegations or unverified information.
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