News about Star Media

KUALA LUMPUR (Oct 30): Real estate could now be the prized assets in Star Media Group Bhd, as the print media business is suffering from digital disruption that results in declining advertising revenue.

KUALA LUMPUR (July 31): JAKS Resources Bhd was granted an interim injunction by the Federal Court yesterday to restrain the payout of a RM50 million bank guarantee to Star Media Group Bhd.

KUALA LUMPUR (July 27): The Court of Appeal today dismissed the application by JAKS Resources Bhd for an Erinford Injunction to restrain the payout of a RM50 million bank guarantee to Star Media Group Bhd.

KUALA LUMPUR (July 27): Shares of JAKS Resources Bhd fell as much as 8% this morning to RM1.

KUALA LUMPUR (July 25): Star Media Group Bhd today confirmed that it has been served with a fresh Erinford injunction by JAKS Resources Bhd.

KUALA LUMPUR (July 25): JAKS Resources Bhd filed a fresh injunction in the Court of Appeal today to restrain two banks from releasing a RM50 million guarantee to Star Media Group Bhd.

KUALA LUMPUR(July 23): The Kuala Lumpur High Court has dismissed an Erinford Injunction application filed by a subsidiary of JAKS Resources Bhd, JAKS Island Circle Sdn Bhd (JIC).

KUALA LUMPUR (July 18): JAKS Resources Bhd obtained an ad interim order at the High Court yesterday to restrain two financial institutions from releasing the group’s RM50 million bank guarantee to Star Media Group Bhd.

KUALA LUMPUR (July 12): The High Court has ordered the two issuing financial institutions to release a RM50 million bank guarantee called on by Star Media Group Bhd in February, in relation to an agreement for the purchase of a piece of land in Section 13, Petaling Jaya for RM135 million.

KUALA LUMPUR (March 16): JAKS Resources Bhd (pictured) saw its shares fall as much as 8.