It’s a Friday, so let’s do some personal finance maths by answering two questions: can a veteran civil servant like Azam Baki purchase an institutional block of shares (even if it’s a penny counter) and what does the circular say about civil servants in the stock market?
This is a Brainjam edition, a space for founding members where I post loose notes and other musings that do not make the cut for a full-on newsletter.
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The section is a mainstay and (for want of a better word) a value-add for subscribers who decide to take that leap of faith in purchasing the highest tier of the newsletter.
Tomorrow, I have quite the story on all this for everyone, complete with charts. So do keep your eyes peeled for that.
If you are thinking of upgrading your subscription to a founding member or just want to take the dive, I’ve got you covered:
Let’s start with MACC chief commissioner Azam Baki’s ability to purchase shares. I won’t regurgitate the scandal here.
For backgrounders, these will bring you up to speed:
[p/s: Azam’s covered in the second story, guys. Don’t worry, Tengku Zafrul’s comeback machine is the lead and has nothing to do with the MACC chief’s stock market punting. That, too, is a fun read, by the way.]
So let’s break it down.