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HONG KONG: Chinese Internet tycoon Jack Ma’s mooted buyout of Hong Kong’s struggling South China Morning Post (SCMP) could see the paper prosper from his Midas touch, analysts say, but also further erode its independence and with it the city’s press freedom.
On the SCMP and the media
KUALA LUMPUR: Billionaire Robert Kuok is seeking a buyer for Golden Screen Cinemas Sdn Bhd, Malaysia’s largest movie theater chain, in a deal that could fetch as much as US$500mil, people with knowledge of the matter said.