Malaysian PM Mahathir resigns in tactical move to thwart Anwar's succession
KUALA LUMPUR - Malaysian Prime Minister Mahathir Mohamad sent his resignation letter to the King at 1pm Monday (Feb 24), his office said in a brief statement.
But sources told The Straits Times the shock move is likely to be followed by declarations of support for him to continue in power until the end of the current parliamentary term.
Tun Dr Mahathir’s Parti Pribumi Bersatu Malaysia (PPBM) announced today it has left the ruling Pakatan Harapan (PH) coalition. Meanwhile 11 MPs from Datuk Seri Anwar Ibrahim’s Parti Keadilan Rakyat (PKR) have also quit the party to form an independent bloc.
The resignation move is likely to have been tactical, with a view to undoing the PH transition agreement under which Mr Anwar was supposed to replace the 94-year-old Dr Mahathir before the next election due in 2023.
"Nope, the Agong will reject the resignation saying Mahathir has the support from the majority of Parliament," a source said, referring to Malaysia's King.
Monday's developments are in line with reports on Sunday that Dr Mahathir is planning to replace Malaysia’s ruling pact with a wider coalition that includes opposition parties Umno and PAS, but could leave out his PH allies.
https://www.straitstimes.com/asia/s...tical-move-to-thwart-anwar-succession-sources
- Forums
- ASX - By Stock
- LYC
- dr looi on fb malaysia
dr looi on fb malaysia, page-1554
-
- There are more pages in this discussion • 1,822 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LYC (ASX) to my watchlist
|
|||||
Last
$6.87 |
Change
-0.170(2.41%) |
Mkt cap ! $6.421B |
Open | High | Low | Value | Volume |
$7.08 | $7.26 | $6.82 | $32.24M | 4.640M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 10611 | $6.87 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.89 | 3277 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 10611 | 6.870 |
1 | 420 | 6.860 |
1 | 146 | 6.850 |
2 | 3277 | 6.840 |
2 | 39949 | 6.830 |
Price($) | Vol. | No. |
---|---|---|
6.890 | 3277 | 2 |
6.900 | 13155 | 1 |
6.910 | 23155 | 2 |
6.920 | 13155 | 1 |
6.930 | 13155 | 1 |
Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
Featured News
LYC (ASX) Chart |