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KUALA LUMPUR: MY E.G. Services Bhd has refuted a report that Umno or any political parties in the country were substantial shareholders, whether directly, or indirectly through proxies.
Party members and grassroots supporters want to see it become a credible check and balance to the Pakatan Harapan government.
UTUSAN Melayu (Malaysia) Bhd, the Malay newspaper group that is owned by Umno, is likely to see new owners after it goes through a restructuring.
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.
Bursa Malaysia closed down 13.24 points, or 1%, at 1,287.43 yesterday but that was not due to the shock announcement of former prime minister Tun Dr Mahathir Mohamad resigning from Umno.
Puteri Umno will launch a 'mentoring' programme in June to produce entrepreneurs from among its members and other young women, the movement's head Datuk Noraini Ahmad said Saturday.
HE had dropped off the radar screen the last six months but Datuk Seri Dr Ahmad Zahid Hamidi has returned with a bang.
Media Prima has started to divest assets while Utusan is in dire need of funds to stay afloat
Avoid economics+politics double whammy.
MEDIA Prima Bhd has always been synonymous with the political party Umno, and with the federal government in Putrajaya.