Anwar advises caution as stocks purportedly linked to him see heavy trading
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Title : Anwar advises caution as stocks purportedly linked to him see heavy trading
Category : Malaysians
PKR president Anwar Ibrahim has advised caution after The Edge Markets reported that investors are buying up shares on the Kuala Lumpur Stock Exchange that are perceived to be linked to him.This is after Anwar had, on Sept 23, claimed that he has secured a majority in the Dewan Rakyat to replace the Perikatan Nasional government and is set to meet the Yang di-Pertuan Agong on this tomorrow."I note with concern that several listed stocks on Bursa Malaysia have seen extraordinarily active trading and gains recently, on the basis that these counters are linked to me."In response, I want to stress that I have no financial interest whatsoever in these stocks."I want to take this opportunity to remind all investors to invest carefully and not to invest on rumours."It is an unfortunate reflection of the state of our economy that such rumours can move markets,"…
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