KUALA LUMPUR (Sept 22): They range from a company with a market capitalisation (cap) of only RM50 million to one valued at a whopping RM5 billion!
Few of these 21 companies make a profit but their share prices have surged in heavy trading in recent months.
It (the companies) is all linked to the same person; usually, the most actively traded list on a daily basis involves these counters,” one source says when asked which are the companies that are linked.
The Edge’s investigation shows how they are linked through a group of common shareholders and directors, with one person believed to be behind it all.
Get the full story in this week’s issue of The Edge Malaysia.