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Rising jet fuel price woes

THE sale of prime properties owned by Media Prima Bhd to Permodalan Nasional Bhd (PNB) may not be an easy affair.

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Umno’s media assets dilemma

Media Prima has started to divest assets while Utusan is in dire need of funds to stay afloat

Controversial transactions

Armed Forces Fund Board (LTAT) chief executive Tan Sri Lodin Wok Kamaruddin says that all transactions that it takes are done on commercial basis and in the best interest of shareholders.

Utusan Melayu classified as PN17 firm

PETALING JAYA: Umno-linked media company Utusan Melayu (M) Bhd has been classified as a Practice Note 17 (PN17) company, denoting its financials were inadequate as a listed entity.

Utusan is now a PN17 company

PETALING JAYA: Umno-linked media company Utusan Melayu (M) Bhd has been classified as a Practice Note 17 (PN17) company, denoting its financials were inadequate as a listed entity.

Utusan Melayu to raise RM2.1m to repay borrowings

Media firm plans private placement exercise to seek the amount

Utusan plans to place out new shares for cash following default on its loans

KUALA LUMPUR: Utusan Melayu (M) Bhd has proposed to place out new shares worth RM2.1mil after the newspaper publisher defaulted on its debts.

Khalid said to have resigned as Prasarana chairman

PETALING JAYA: Prasarana Malaysia Bhd chairman Tan Sri Khalid Abu Bakar is said to have quit his post at the public transportation company.

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Khalid said to have resigned as Prasarana chairman

Sources said that Khalid, 61, tendered his resignation on Monday. The former inspector-general of police was made chairman in September last year following his retirement from the police force.

Utusan appoints Zahid’s former press sec, three others as new directors

KUALA LUMPUR: Utusan Melayu (M) Bhd, the newspaper publisher owned by Umno, has appointed four new independent directors following a shake-up in its boardroom.