Latest board appointments at Media Prima intensify MGO speculation


Iskandar(pic) was once group CEO of Pos Malaysia, which is a subsidiary of one of Syed Mokhtar’s flagship listed conglomerates.

PETALING JAYA: With two of the latest appointees to the board of Media Prima Bhd seemingly linked to Tan Sri Syed Mokhtar Albukhary, speculation has intensified that a mandatory general offer (MGO) is on the cards.

CGS-CIMB Research, in a report titled “The gang has arrived”, said the two new directors have both headed companies ultimately owned by the business tycoon.

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