ANALYSIS Two days after Anwar Ibrahim ended a weekend of intense speculation by confirming he will vie for a state assembly seat via the Kajang by-election, the repercussions of the move are being hotly debated among those within and outside his party, PKR.

The main political figures in this drastic move - such as Anwar, Selangor Menteri Besar Abdul Khalid Ibrahim and PKR deputy president Azmin Ali - will have to digest different sets of possible consequences for every possible outcome of this by-election.

The ruling BN coalition, especially MCA, and Prime Minister Najib Abdul Razak will not be exempt from the microscopic focus as their performance in this by-election is bound to affect the dynamics of MCA, and also of Umno.

Malaysiakini analyses the consequences that the political players could stand to gain from - or lose - through this by-election...