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Pingmin Market and Pingmin Hub, known for organising creative markets and events, have announced that they will cease all operations after uncovering an allegedly serious fraud case within the company
In a statement released on 6 October, Black Onion Production (M) Sdn Bhd (BOP), which owns both Pingmin Market and Pingmin Hub, said it can no longer continue operations due to the alleged incident.
They are now urging anyone who has recently dealt with the brands to come forward with any evidence or documents that could help bring those responsible to justice.
BOP stressed that it is the sole authorised operator of Pingmin Market and Pingmin Hub, and has not given any third party the rights or permission to use their brands or collect payments on their behalf
The company reminded partners, vendors, and venue providers that all transactions must be made directly with Black Onion Production (M) Sdn Bhd — and not through any other party.
This means that:
– All invoices must be issued under Black Onion Production (M) Sdn Bhd
– All payments must be made to the company's official bank accounts
– No individual or company is authorised to collect payments on its behalf
– No third party is permitted to issue invoices for Pingmin Market or Pingmin Hub
The company also said any payments made to unauthorised accounts will not be recognised or honoured
The company listed two official bank accounts for all legitimate transactions:
- Public Bank — 323 638 1428
- Affin Bank — 1015 700 32193
Partners, venue providers, suppliers, and vendors are advised to:
- Confirm that all agreements are signed with Black Onion Production (M) Sdn Bhd (1522961-P)
- Verify that all invoices are issued by the same company
- Use only the official bank accounts listed
- Request written confirmation if unsure
- Report any suspicious payment requests immediately
If you've received any suspicious invoices or requests, or need to confirm legitimacy, you can contact:
Estica Teh (Co-founder)
Email:
[email protected]
Contact:
+6017 777 9683
Address:
36 Jalan Kamuning, Pinggiran TRX, 55100 Kuala Lumpur
The company concluded by urging everyone to stay vigilant:
"Do not risk your business and financial security. When in doubt, verify directly with us."
