Shares in Star Media soar in morning trade


KUALA LUMPUR: The trading stock of Star Media Group Bhd surged as much as 24.5% in early morning trade to 63.5 sen a share following reports that Tan Sri Tong Kooi Ong, owner of The Edge Communications Sdn Bhd, had emerged as a substantial shareholder in the company.

At the opening bell, shares in Star Media rose 4.9% to 53.5 sen a share, and took flight in active trading thereafter.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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