Malaysian PM-linked stocks surge during morning trading

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Both counters are tied to Muhyiddin Yassin's son Fakhri. FMTNews MuhyiddinYassin

KUALA LUMPUR: Eden and Thriven Global shares emerged as the most actively traded in the morning session following the appointment of Tan Sri Muhyiddin Yassin as the country’s eighth Prime Minister.

Thriven Global surged nine sen, or 40.90% to 31 sen, with 37.74 million shares traded while its warrant soared seven sen, or 280%, to 9.5 sen with 22.26 million shares changing hands.In a research note today, Affin Hwang Capital Research said stocks such as Eden and Thriven Global which are linked to the prime minister’s son could see higher investor interests.

 

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These companies have no capability of it's own that it needs to depend on the father / backdoor Gov't?

Article mentions if those were the party chosen by the people during ge14?

Let the cronyism, nepotism and favoritism begin.

MACC pls look into this......

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