Malaysia's new PM is not a fix for dysfunctional politics
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New Prime Minister Sabri has, at best, 52% support in the lower house of parliament
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Sabri is vulnerable to defections from his own party, UMNO, which has merely 16%, and a vote of confidence
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Malaysia equities are cheap versus history and its FX rate is low risk but there are better options elsewhere in Asia
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This report is independent investment research as contemplated by COBS 12.2 of the FCA Handbook and is a research recommendation under COBS 12.4 of the FCA Handbook. Where it is not technically a research recommendation because the subject of the research is not listed on any European exchange, it has nevertheless been treated as a research recommendation to ensure consistent treatment of all Tellimer's research. This report has been produced by the analyst(s) named above (the "Analyst").
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