SMG aiming to increase revenue via diversification

(L-R) SMG Chairman Tan Sri Chor Chee Heung, SMG Group CEO Alex Yeow and SMG Group CFO Sam Au Chen Sum at the online AGM. — SAMUEL ONG/The Star

PETALING JAYA: Star Media Group Bhd (SMG) is embarking on a number of new initiatives to transform the business and optimise shareholders’ return by penetrating into new ventures.

SMG group CEO Alex Yeow said going forward, the group aims to have 30% of its revenue come from new businesses that may be related to property or digital products.