Monday, November 14, 2011

Wanna know the secret to rocketing share price?: Appoint the PM's son

Harvest Court Industries Bhd, one of the lesser known firm on the Malaysian, have been hogging the lime lights, I am not sure whether it is for the right reasons or the wrong ones. Bursa Malaysia had been forced to pull the reins on it's shares following an outrageous surge in trading following a report that the PM's son has been appointed a director. The shares which we're hovering around 8 sen, is now priced at RM2.14 as of 4 pm yesterday, that is an increment of 2,575 percent, and all these within the frame of, less than one month. Wow!, 'ini macam lagi untung dari meniaga unta'.

What was the reason behind the phenomenol increase? None other than the appointment of Mohd Nazifuddin Najib, PM's second son, albeit with the former wife, Tengku Puteri Zainah Tengku Eskandar. it is reported byThe Edge Financial Daily that Nazifuddin bought 2 to 3 million shares or equivalent to 1.7 percent shares, while his business partner, one by the name of Raymond Chan, controls 13.83 percent, and both of them we're appointed as Directors of Harvest Court Industries Bhd on October 28th 2011.Raymond Chan is the man behind $agajuta (Sabah) Sdn Bhd, which was responsible to develop 1Borneo Mall in Kota Kinabalu.By the way, Nazifuddin is the Chairman of $agajuta.

Mmmm.....something fishy?...I bet you could also smell the rat from miles away....but what do you expect, this is the Boleh land.....I bet the MACC(pronounced as MA Sissy) has a blocked nose...especially those not regarding the oppositions.

Adios................................a.h.baharom

No comments:

Post a Comment