Issue link: https://maltatoday.uberflip.com/i/1162794
05.09.19 14 NEWS THE Malta Financial Services Authority ("MFSA") has become aware of an entity which has an internet presence at http://tru-in- vestment.com. is website is falsely claiming to be associated with a Maltese registered company. Fraudsters are using the details of this gen- uine company in an effort to de- ceive the public. e Authority would like to inform the public that http:// tru-investment.com claims to have a presence in Malta, which does not seem to be the case. e MFSA can confirm that http:// tru-investment.com has NO as- sociation with TRU Investment Limited (C54720), a Maltese reg- istered company having its regis- tered address at 52/1, Tigne Sea- front, Tas-Sliema, Malta. e MFSA would like to remind consumers of financial servic- es not to enter into any financial services transaction unless they have ascertained that the entity with whom the transaction is be- ing made is authorised to provide such services by the MFSA or an- other reputable financial services regulator. Investors should also be extra cautious when being ap- proached with offers of financial services via unconventional chan- nels such as telephone calls or so- cial media. A list of entities licensed by the MFSA can be viewed on the official website of the MFSA at http://www.mfsa.com.mt/pages/ licenceholders.aspx. If you are a victim of a scam or think you might be dealing with an unauthorised entity or any other type of financial scam, first of all stop all transactions with the company and contact the MFSA at https://www.mfsa.mt/about- us/contact/ as soon as a suspicion arises. MFSA issues warning on TRU Investment INTERNATIONAL Hotel Investments p.l.c., the holding company of the Corin- thia Group, has published unaudited consolidated financial statements for the six months ending 30 June 2019, show- ing increases in revenues, profits and growth across various business sectors. Revenues topped the €122 million mark, an increase of €5.6 million over the same period in 2018.The adjusted EBITDA of the company, including that contributed by the company's share of ownership in such significant subsidi- aries as the Corinthia Hotel in London, was €25.4 million. Net profit after tax has been set at €3.7 million compared to a loss of €3.3 million reported in the same period last year. IHI is an owner, investor, developer and operator of high-end real estate in- cluding the Corinthia Hotels portfolio. During the period under review, the company spear-headed and acquired a share in a major landmark property on Moscow's principal boulevard which, following its redevelopment, will feature a luxury Corinthia hotel and over 100 branded apartments for sale. In April, the company's subsidiary Corinthia Hotels Limited, its hotel man- agement arm acquired a strategic share- holding in the Global Hotel Alliance, the world's largest alliance of independ- ent hotel brands and operator of the award winning, multi-brand loyalty pro- gramme, DISCOVERY. The general business outlook for IHI's hotels and other operations for the rest of 2019 remains positive. IHI's 2019 half-yearly results show €3.7 million net profit IHI is an owner, investor, developer and operator of high-end real estate including the Corinthia Hotels portfolio