KUALA LUMPUR: The Star will continue to be managed and run by independent and competent professionals, the MCA said in a statement yesterday.
The statement was issued in the wake of MCA’s announcement on Nov 5 that it had acquired a 42.4% stake in Star Publications (M) Bhd from its wholly-owned subsidiary, Huaren Holdings Sdn Bhd, and was in the process of maintaining its beneficial interests in The Star.
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