Media stocks hit all-time low


Scomi Group Bhd surprised investors when it proposed to revise its current issued share capital reduction from RM224.96mil to RM3mil from the earlier RM40mil.

KUALA LUMPUR: Several media stocks came under pressure and fell to an all-time low at the midday break on Monday when trading resumed after Pakatan Harapan scored a shocking victory in the 14th General Election.

Loss-making Utusan Malaysia fell six sen to 25 sen while Media Prima shed 1.5 sen to 30 sen.

Star Media Group lost four sen to RM1.03.

However, Media Chinese International bucked the trend to climb 1.5 sen to 32 sen.

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Monthly Plan

RM 13.90/month

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RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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