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Did the founder of Creador invest in shares push up the stock price?

Brahmavasudwan, founder and CEO of the famous Malaysian private equity fund Creador, took shares, driving MCE Holdings' stock price higher. At one point, it broke through RM2 and reached a high of RM2.15, or 25%.
The increase then declined, falling below RM2 and hovering between RM1.95.
Did the founder of Creador invest in shares push up the stock price?
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Nanyang Siang Pau Official Account
《南洋商报》创立于1923年,是马来西亚历史最悠久的中文报纸之一。以财经及商业新闻为主,是商家与投资者必备的新闻资讯平台。
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