PETALING JAYA: Utusan Melayu (M) Bhd has acquired a 60% stake in Media House Entertainment Sdn Bhd or MHE (formerly known as Awana Media Sdn Bhd) after acquiring 240,000 shares of RM1 each in the company. With this acquisition, MHE will become a 60% subsidiary of Utusan.
In a filing with Bursa Malaysia, Utusan said that MHE was incorporated in Malaysia on Aug 23, 2018 and had a paid-up share capital of RM400,000. The principal activity of MHE is providing media entertainment business and services.
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