STAR Publications (M) Bhd has entered into a deal that would see it expand its radio broadcasting business following the acquisition of Star Rfm Sdn Bhd in 2003.
In a filing to Bursa Malaysia, Star Publications announced it was paying RM7mil cash to buy a 70% stake in Rimakmur Sdn Bhd, which has a licence to provide terrestrial radio broadcasting services in Peninsular Malaysia and Sabah.
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