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Business 06 Jul 2019 | 12:00 AM Premium

Malaysia’s private sector debt soaring

PRIVATE sector debt in Malaysia is on the rise as business expansion continues to be fuelled by debt accumulation over the years.

Business 05 Jul 2019 | 12:00 AM

MGO for Media Prima seen unlikely

PETALING JAYA: CGS-CIMB Research says it is unlikely a mandatory general offer (MGO) will take place for Media Prima Bhd following news reports that tycoon Tan Sri Syed Mokhtar Al-Bukhary is upping his stake in the media group.

Business 05 Jul 2019 | 12:00 AM

Pelangi Prestasi’s judicial review to be heard on Aug 23

PETALING JAYA: The judicial review filed by a company linked to billionaire Tan Sri Syed Mokhtar Al-Bukhary against the Sabah state government and chief minister Datuk Seri Mohd Shafie Apdal has been fixed for hearing on Aug 23 in the Kota Kinabalu High Court.

Nation 04 Jul 2019 | 6:54 AM

NST no longer friendly with us, laments Najib

KUALA LUMPUR: It was necessary for Umno to get rid of its shares in Media Prima, because New Straits Times is no longer friendly with Barisan Nasional, says former premier Datuk Seri Najib Razak.

Nation 04 Jul 2019 | 4:55 AM

Annuar Musa: Details of Umno asset restructure are confidential

KUALA LUMPUR: Umno is the midst of restructuring its investment portfolios, as the party plans for its future, says Tan Sri Annuar Musa.

Business 04 Jul 2019 | 12:00 AM

Billionaire Syed Mokhtar new media mogul

PETALING JAYA: Media-shy Tan Sri Syed Mokhtar Al-Bukhary is the new media mogul in town, after he is believed to have acquired a major stake in the country’s largest media group, Media Prima Bhd, for about RM74mil.

Business 03 Jul 2019 | 11:13 AM

DRB-Hicom denies buying stake in Media Prima

KUALA LUMPUR: DRB-Hicom Bhd has dismissed a news report suggesting that the company has acquired a stake in Media Prima Bhd.

Business 03 Jul 2019 | 6:17 AM

Quick take: Media Prima declines after Umno sells stake

KUALA LUMPUR: Media Prima Bhd fell 1% at midday after one of the group’s biggest shareholders, Umno sold its 11.09% stake to Tan Sri Syed Mokhtar Al-Bukhary.