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Malaysia's 'Azamgate' escalates as Securities Commission contradicts anti-graft chief's account of events

A stock-trading controversy involving Malaysia's powerful anti-graft chief Azam Baki is showing no signs of fading, with the securities regulator tasked with investigating the matter releasing fresh details contradicting the official's account of events. With Prime Minister Ismail Sabri Yaakob not commenting publicly on the saga as it continues to escalate, political observers have suggested public and investor confidence in...
Najib Razak Ismail Sabri Ismail Sabri Yaakob Securities Commission Securities Commission On Corruption Commission

Report: Anti-Corruption Advisory Board chairman denies being told about MACC chief Azam Baki's alleged stock ownership | Malaysia

KUALA LUMPUR, Jan 1 โ€” Tan Sri Abu Zahar Ujang who chairs the Anti-Corruption Advisory Board (LPPR) has denied receiving any email that Malaysian Anti-Corruption Commission (MACC) chief Tan Sri Azam Baki owned millions of ringgit worth in public stocks as alleged. Abu Zahar told Utusan Malaysia in...
Kuala Lumpur Sungai Buloh Malaysia General Abu Zahar Sivarasa Rasiah Borhan Dolah

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Sarawak Consolidated, Mitrajaya, Top Glove, Supermax, Eonmetall, LKL, Gets Global, Dialog, Berjaya Food, MHB, Teo Seng, Oriental Interest, GENM, AirAsia, Sapura Energy and Scomi Energy

KUALA LUMPUR (Feb 9): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Feb 10) include: Sarawak Consolidated Industries Bhd, Mitrajaya Holdings Bhd, Top Glove Corp Bhd, Supermax Corp Bhd, Eonmetall Group Bhd, LKL International Bhd, Gets Global Bhd, Dialog Group Bhd, Berjaya Food Bhd, Malaysia Marine and Heavy Engineering Holdings Bhd, Teo Seng Capital Bhd, Oriental Interest Bhd, Genting Malaysia Bhd, AirAsia Group Bhd, Sapura Energy Bhd and Scomi En...
New York United States Muara Tuang Kuala Lumpur Orange County Sdn Bhd

Penny Stock: A once-in-two-decade penny stock fever

IF 2020 is the year of rubber glove manufacturers and technology-related counters, penny stocks deserve at least a notable mention. The penny stock fever on the local bourse has not been seen for at least 20 years since the dotcom bubble burst. The eye-popping share price rally lured long-absent retail investors to the stock market and that, in turn, lifted the daily trading volume to a record high of 27.8 billion shares on Aug 11. At the height of the penny stock fever in August, share prices ...
Bintai Kinden Nugenerex Immuno Jason Chia Kok Chin Sdn Bhd Chia Kok Teong Bok Tek

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