Name: Oovao Powers Limited
Type: Unlicensed entities
Address(es): (1) Workshop Unit 4, 19/F, Block A2, Hang Wai Industrial Centre, No. 6 Kin Tai Street, Tuen Mun, Hong Kong
(2) Unit 22, 12/F, Leader Industrial Centre, Nos. 57-59 Au Pui Wan Street, New Territories, Hong Kong
Remarks: It is apparently associated with MSFG Capital Limited, another unlicensed entity on the Alert List.
Add date: 5 Jan 2018
Note: Unlicensed entities often use names similar to legitimate companies to confuse investors.
Unlicensed entities

Sometimes entities appear to target Hong Kong investors whilst not having been licensed to carry out regulated activities in Hong Kong. They often adopt names similar to legitimate financial institutions to confuse investors. Alternatively, such unlicensed entities may provide financial investment trading platforms on the Internet. If you deal with a company which is not licensed by the SFC, you may not be protected by the regulatory framework enforced by the SFC.

Deal only with licensed entities and hang up on cold callers. To check whether an entity is an SFC licensee, visit our Public Register of Licensed Persons and Registered Institutions.

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