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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
SMG , media , AGM

Next In Business News

Bank Negara’s international reserves climb slightly to US$125.6bil
Bank Negara leaves OPR steady at 2.75%, as widely expected
Ringgit trading signals growing global confidence in Malaysia
Chipmakers driving AI boom
Nationgate says IRB investigation completed, records in order
CIMB upgraded to AAA in MSCI ESG ratings on stronger sustainability practices
Poultry farmer Hock Soon Capital seeks to raise RM60mil from IPO
Bursa Malaysia continues uptrend at midday
AMS Advanced Material gets Bursa Malaysia's nod for ACE Market listing
Malaysia Airports strengthens China connectivity at KLIA, Tawau to support VM2026

Others Also Read