SMG to focus on M&As and media moving ahead

Propelling growth: (From left) SMG deputy chairman Tan Sri Kuan Peng Soon, Chor and Chan at the AGM. Aside from paying attention to the more contemporary issues, the company has also started enhancing its digital platforms.

PETALING JAYA: Star Media Group Bhd (SMG) will be focusing on mergers and acquisitions (M&As) as a means to diversify its income stream going forward, says group chief executive (CEO) Chan Seng Fatt.

Speaking at SMG’s AGM here yesterday, Chan is optimistic of the group’s outlook, his hopes premised on its new strategy that focuses on identifying potential M&As that could be seen as profitable for the company to further fortify its revenue.