KUALA LUMPUR: Astro Malaysia Holdings Bhd’s wholly-owned unit, Astro Digital Sdn Bhd, has entered into a binding term sheet with Grup Majalah Karangkraf Sdn Bhd (GMK) and its wholly-owned subsidiary, Karangkraf Digital 360 Sdn Bhd (KK360).
In a filing with Bursa today, Astro Malaysia said the term sheet was in respect of a joint venture for the creation and monetisation of content verticals in Malaysia and the region.
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