Media Prima buys radio stations for RM20mil


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).

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Business , Media Prima

   

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