Star Media Group seeks stake in plantation company

KUALA LUMPUR: The Star Media Group (SMG) is seeking approval from its shareholders at an extraordinary general meeting to take a 13% substantial stake in plantation company Matang Bhd.

The move by SMG will see the media company selling property assets for RM33mil to Matang, which will see an allotment and issuance of its shares to the media company.

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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Star Media Group , plantation , Matang , SMG Land

Next In Business News
Yayasan Peneraju unveils new basic package to accelerate Bumiputera AI upskilling
DIY homes: A growing trend
Why speculation hurts homebuyers
More fresh paint forl aneways
Ringgit likely to trade within 4.04-4.07 range next week
China equities set to shine
Banks snatch up mortgage bonds
Thai auto gears up, bumps and all
Offering luxury for less
Markets look beyond Venezuela shock

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.