Margin Calls, Forced Selling and the Fall of Zetrix AI | Market Watch EP2
Description: Zetrix AI, better known as MyEG, has lost 90% of its share price this year, wiping about RM5 billion off its market value. Once a stock market darling, it now trades at just 7.5 sen.
This week on Market Watch, Wong Shou Ning looks at what went wrong, from the reported forced selling of founder TS Wong's shares to the government suspending the company as a collecting agent and MARC placing its sukuk on negative watch.
Pankaj C. Kumar, Managing Director of Datametrics Research and Information Centre, explains margin trading from the ground up: how it works, when a margin call…
The skinny
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