Astro Malaysia to undertake VSS

KUALA LUMPUR: Astro Malaysia Holdings Bhd will be undertaking a voluntary separation scheme (VSS), which it said will allow it to focus on its core business activities and improve its financial performance.

In a statement, the media and entertainment company said the industry is currently operating in an environment that is experiencing an unprecedented rate of disruption, which requires industry players to reinvent and adapt swiftly to remain profitable and relevant.