PETALING JAYA: The major shareholders of The New Straits Times Press (M) Bhd (NSTP) “are continuously exploring various ideas and plans to enhance shareholders value of NSTP” which may include privatisation, de-merger and spin-off, the company said.
“But to date, no firm decision has been taken by NSTP’s major shareholders,” it told the stock exchange yesterday in response to a news report in a local daily that the major shareholders of NSTP might want to take the company private as its share price had been trading well below its net asset per share of RM4.52.
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