Salik advises stock investors to exercise caution and avoid falling victim to fraudulent schemes promoted through social media platforms.

Salik, the exclusive toll gate operator in Dubai, has issued a warning to the public and investors about an active social media scam campaign falsely claiming to offer high returns for investing in Salik.

Salik, the exclusive toll gate operator in Dubai, has issued a warning to the public and investors about an active social media scam campaign falsely claiming to offer high returns for investing in Salik. The fraudulent scheme targets individuals and businesses through a deceptive link that has no affiliation with Salik.

Salik has made it clear that it has no association with any of these campaigns and emphasized that all claims made by these fraudulent schemes are completely false and misleading. The company advises the public to exercise extreme caution and vigilance, urging them to rely only on official sources of information provided by Salik through its authorized platforms and communication channels.

To ensure accurate and reliable updates, Salik regularly shares announcements on the Dubai Financial Market, where it is listed. Additionally, the company maintains its own communication channels on Facebook, Twitter, Instagram, YouTube, and LinkedIn, where authentic information can be accessed.

Salik’s stock is currently trading at Dh2.99, with the IPO price set at Dh2. The company has been a consistent volume driver on the Dubai Financial Market, attracting investor interest.

It is worth noting that online campaigns aimed at deceiving unsuspecting users are not unique to Salik. Several prominent companies in the UAE have been targeted in similar schemes. For instance, individuals have received emails purportedly from Emirates Post, instructing them to follow a link, make a payment, and receive their parcel. Another common scam involves warning users about the expiration of their Netflix subscription and prompting them to pay the outstanding dues.

While the promise of significant returns from investing in a particular company is relatively rare in the UAE, market analysts acknowledge that with the growing IPO culture and the influx of retail investors, it was only a matter of time before such schemes emerged.

Salik’s warning serves as a reminder to exercise caution and verify information from official and reliable sources before making any investment decisions. As scams become increasingly sophisticated, it is crucial for individuals to stay informed, remain vigilant, and report any suspicious activities to the appropriate authorities.

To ensure accurate and reliable updates, Salik shares announcements on the Dubai Financial Market, where it is listed. They also maintain their own communication channels on Facebook, Twitter, Instagram, YouTube, and LinkedIn, where authentic information can be accessed. These platforms serve as trusted sources of information for investors and the general public.

It is important to note that Salik is not the only company targeted by online scams in the UAE. Other prominent organizations, such as Emirates Post and Netflix, have also been victims of similar fraudulent schemes. These scams often rely on phishing emails or deceptive links to trick unsuspecting users into making payments or sharing sensitive information.

With the growing IPO culture and an influx of retail investors, it was only a matter of time before such scams emerged. Market analysts acknowledge the need for individuals to exercise caution, verify information from official sources, and report any suspicious activities to the appropriate authorities.

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