Down bec fear ASB throw? Bangsar property once sold Media become cash rich. After tenancy period over who say Media Prima cannot move out and find cheaper property to rent?
08-Mar-2019 Insider MORGAN STANLEY & CO. LLC (a substantial shareholder) acquired 24,000 shares on 06-Mar-2019. 07-Mar-2019 Insider MORGAN STANLEY & CO. LLC (a substantial shareholder) acquired 62,300 shares on 05-Mar-2019. 06-Mar-2019 Insider MORGAN STANLEY & CO. LLC (a substantial shareholder) acquired 23,900 shares on 04-Mar-2019. 05-Mar-2019 Insider MORGAN STANLEY & CO. LLC (a substantial shareholder) acquired 49,200 shares on 01-Mar-2019. 04-Mar-2019 Insider MORGAN STANLEY & CO. LLC (a substantial shareholder) acquired 61,900 shares on 28-Feb-2019.
Media will get a super many billions profit in profit 10000 billionns money please
Umno will sell its stake in Media Prima, the country's biggest media conglomerate, according to the party's acting president Mohamad Hasan.
Last month, the Malay-based party sold its 31.6 percent stake in Kumpulan Utusan, whose flagship publication Utusan Malaysia had previously been kept alive with Umno's money.
“We will sell our stake in Media Prima as there is nothing much we can do. We can’t put out our own news, and we do not have board representation.
“At least it (the sale) can cover us for another two-and-a-half years,” Mohamad said in an interview with news portal Free Malaysia Today (FMT).
“Umno is a big organisation and it needs a lot of money to maintain it. Running the headquarters has substantial costs. Even paying salaries is difficult now," he said.
Media Prime controls four television channels (TV3, NTV7, 8TV and TV9), three newspapers (New Straits Times, Berita Harian and Harian Metro) and four radio stations (Fly FM, Hot FM, One FM and Kool FM).
Umno decided to monetise part of its assets after its bank account was one of 900 frozen by MACC over transactions tied to the 1MDB scandal last year.
However, Mohamad sees a silver lining in the defeat of BN in May 2018 after six decades in power. He believes that Umno will make a comeback with the co-operation of PAS.
'Parasites are now gone'
“I believe the defeat was a blessing in disguise," said Mohamad, who is also known as Tok Mat.
“The parasites are now gone. We lost because we were arrogant and egotistical, and people were turned off. So now we have to lose these bad characteristics,” he said.
Mohamad, who is also Umno's number two, took charge of the party in December 2018 in the wake of president Ahmad Zahid Hamidi going on leave after being slapped with a number of corruption charges.
. Yes. Hold Tight! Yesterday touched 60 cents. Should have good news on take over! Monday, more to come! May cross 60 sen. . Last qtr EPS 7.14, cannot be no interested party taking over! Good Luck!
UMNO mouthpiece. MEDIA is against PH. Same old method of news spreading. RACISM and EGOISTIC news. Seems only one race is the victim and achiever in their reporting.
local fund still sleep Media is a main source of a country we cannot lost media lost connect lost evrything local fund should now satndby a few billions to sapu and fight back Media can push back to 3 ringgit if they fight the price 80sen sapu all , 1 ringgit sapu all , 2 ringgit sapu all , 3 ringgit sapu all If I got 50billions will push back Media to 1ringgit first
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Posted by 8888_ > 2019-03-04 10:12 | Report Abuse
NST CEO retire on 31st Mar so overhead can cut?