Anwar denies having interest in public listed stocks

Datuk Seri Anwar Ibrahim. -filepic

PETALING JAYA: PKR president Datuk Seri Anwar Ibrahim has denied having any financial interest in several publicly listed stocks which have seen extraordinary active trading and gains recently.

“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 based on rumours.

“It is an unfortunate reflection of the state of our economy that such rumours can move markets," he said in a statement on Monday (Oct 12).

Anwar urged Bursa Malaysia and Securities Commission Malaysia to take action against any individual manipulating the stock market via “malicious political rumours”.

Last Friday (Oct 9), The Edge reported that Malayan United Industries Bhd (MUI) had seen buying interests after Anwar said he would meet the King on Tuesday (Oct 13) over the premiership.

The counter for MUI, which saw 228.66 million shares traded, increased 2.5sen or 17.86% to 16.5sen at 11.13am on Friday.

Anwar’s sister Farizan Ibrahim was appointed an independent non-executive director in MUI in June 2018.

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