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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.

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.