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The Malaysianist

Brainjam

Brainjam #15: Underneath the annual reports

Three lessons from the Velocity Capital network.

Feb 17, 2026
∙ Paid

Happy Chinese New Year, for those who are celebrating. For those who aren’t, here’s to some quality downtime.

This being the year of the horse and all, I guess it’s time for some of us to quit horsing around… badumtsss.

Since it’s the holidays, I’m going to push out a B-side to Saturday’s newsletter.

Brainjam is a space for founding members where I post loose notes and other musings that do not make the cut for a full-on newsletter.

If you’re still on the fence, no worries.

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.


This one’s a big chart connecting everyone and every event mentioned in the previous investigative newsletter on MACC chief commissioner Azam Baki’s shareholding in penny stock Velocity Capital Partner.

The last edition had six charts, broken up thematically. This one’s merged, which is how I originally conceptualised it.

The machine behind Malaysia's murkiest handshakes

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Feb 14
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Naturally, this exercise yielded some important lessons. Three patterns stood out.

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