THIS IS WHAT MALAYSIA’S COUP PLOTTERS WILL FIGHT TOOTH & NAIL FOR: SHARES LINKED TO NEW PM MUHYIDDIN’S SON THE MOST ACTIVELY TRADED

EDEN and Thriven Global shares were the most actively traded in the morning session, following the appointment of Muhyiddin Yassin as prime minister yesterday.

At 10.30am, Eden jumped seven sen, or 35.89%, to 26.5 sen, with 138.4 million units traded, and its warrant doubled to eight sen, with 38.46 million units changing hands.

Thriven surged nine sen, or 40.9%, to 31 sen, with 37.74 million units traded, while its warrant soared seven sen, or 280%, to 9.5 sen, with 22.26 million units changing hands.

Both counters are linked to Muhyiddin’s son, Fakhri Yassin Mahiaddin.

“Umno- and MCA-related counters could also be in favour – media companies Media Prima and The Star come to mind.”

Muhyiddin, 72, this morning clocked in on his first day in the nation’s top office.

– Bernama

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