Media Prima clarifies shareholding structure; Syed Mokhtar maintains indirect interest


PETALING JAYA: Media Prima Bhd has stepped forward to clarify its shareholding structure, after acknowledging some misunderstandings had emerged from its Oct 7 announcements on substantial shareholder cessations.

On Monday, the group through filings to Bursa Malaysia had declared that Sutera Bakti Sdn Bhd (SBS), Tradewinds Group (M) Sdn Bhd (TGM), and Restu Jernih Sdn Bhd (RJSB) had ceased to be its indirect substantial shareholders via their deemed interest in Aurora Mulia Sdn Bhd (AMSB).

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Sentral REIT appoints Tay Hui Ling as CEO
Mega First to acquire 12.5% stake in Stenta Films for RM33.10mil
DXN inks MoU with Apex-Brasil to explore Brazil, eyes US$50mil investments
F&N to focus on innovation, diversification and transformation
Mulpha International invests US$20mil in Hong Kong's Sun Hung Kai bond programme
Ringgit breaches 4.04 level against US dollar after OPR maintained at 2.75%
Capital A’s Teleport to raise US$50mil via perpetual securities
Apex Healthcare to be delisted on Jan 27
Prudential to raise stake in Malaysia life insurer holding firm to 70% for US$377mil
BWYS shareholders approve RM67mil property disposal, RM94.5mil land acquisition

Others Also Read