KUALA LUMPUR: Media Prima Bhd has proposed to acquire the entire stake in a radio broadcasting company for a total cash consideration of RM20mil to expand its portfolio of media assets.
The integrated media group said its unit, Synchrosound Studio Sdn Bhd, had signed a conditional share purchase agreement to buy 500,000 ordinary shares in Copyright Laureate Sdn Bhd (CLSB).
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!