Is it true that there is investigation going on into YTL’s share buyback (SBB) during the period of the share price collapse after the GE results? Can someone pls confirm is it true that the Yeo family bought shares in advance first, then use the company’s money to aggressively go in on the SBB, and when the price went up enough,did the members of the Yeo family made millions from this trade? Can someone with expertise advice is this insider trsading? And if so, will they be prosecuted? Or are they exempt and above the law because of their close ties and connections to Mokhzani Mahathir? So should we sell or hold? Someone pls clarify?
Stock: [YTL]: YTL CORPORATION BHD
2019-04-23 14:06 | Report Abuse
Is it true that there is investigation going on into YTL’s share buyback (SBB) during the period of the share price collapse after the GE results? Can someone pls confirm is it true that the Yeo family bought shares in advance first, then use the company’s money to aggressively go in on the SBB, and when the price went up enough,did the members of the Yeo family made millions from this trade? Can someone with expertise advice is this insider trsading? And if so, will they be prosecuted? Or are they exempt and above the law because of their close ties and connections to Mokhzani Mahathir? So should we sell or hold? Someone pls clarify?