‘Pump and dump’ activities under scrutiny


The Securities Commission’s (SC) warning to investors over “pump and dump” scams over the week came about one year after Bursa Malaysia issued the same caution in a circular to the heads of dealing and compliance of stockbroking companies last March.

According to some market observers, warnings about “pump and dump” activities are timely and appropriate, considering the fact that there are now more new investors entering the local equity market.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , pump and dump , stock trading

   

Next In Business News

Uzma secures RM44.15mil solar PV plant project in Kedah
United Malacca's net profit more than doubles to RM30.9mil in 2Q25
Lotus Circular to acquire Earthwise Resources, Expert Resource for RM100mil
Ringgit continues to extend loss on Fed’s hawkish turn
Poh Huat warns of uncertainties due to US dollar volatility
MoF: 22,000 scam cases totalling RM147mil in losses reported to NSRC as at Sept 2024
MyNews expects sales growth with the expansion of its store network.
Binastra's 3Q net profit more than doubles to RM24mil
Vestland bags RM70mil construction contract
FBM KLCI edges higher amid cautious market; ringgit weakens as US dollar rallies

Others Also Read