Star Media’s pivot towards real estate, niche publications need time to show earnings traction, says Kenanga
Kenanga said that despite Star Media’s various initiatives, it is still too early to turn positive at this juncture.
Star Media's dispute with JAKS Resources goes back to High Court six years after it started
A three-member Federal Court bench on Thursday unanimously dismissed Star Media Group’s appeal against a decision unfavourable to the media company issued by the Court of Appeal in 2021 — which set aside a prior High Court's summary judgement in 2020 for JAKS to pay RM134.
Star Media rises 9% after related party deal with Matang snubbed by minorities
Shareholders rejected the proposal for Star Media to sell a piece of land in Bukit Jelutong with the proposed buildings to Matang for RM33 million.
Star Media minority shareholders reject related party deal with Matang
Aside from a land asset, the deal includes the sale of the two semi-detached buildings to Matang, which will be developed by Star Media at an estimated cost of RM14.
Matang buys property assets from Star Media for RM33 mil
Matang inked an agreement with Star Media’s wholly-owned unit SMG Land Sdn Bhd on Friday (Feb 10), to acquire two units of double-storey semi-detached factory and warehouse annexed with a one-and-a-half-storey office building and other ancillary buildings - which is located within the Star Business Hub, an industrial development project in Bukit Jelutong, Shah Alam.
Govt plans to make Internet access as one of the conditions for Planning Permission
Communications and Multimedia Ministry secretary general Datuk Sri Mohammad Mentek: As such, I encourage more developers to work with telcos to help improve connectivity in Malaysia KUALA LUMPUR (Aug 12): Putrajaya wants to make Internet access as one of the conditions for Planning Permission during the construction of housing projects.
JAKS succeeds in appeal against order to pay damages to Star Media over corporate guarantee
KUALA LUMPUR (July 28): JAKS Resources Bhd has succeeded in its appeal against the High Court decision requiring the company to pay damages to Star Media Group Bhd in relation to the latter’s corporate guarantee claim.
Malakoff buys land from sister company Media Prima for RM25 million
KUALA LUMPUR (July 16): Malakoff Corp Bhd is buying a parcel of leasehold industrial land in Klang from Media Prima Bhd for RM25 million.
Report: Media Prima paying a high premium to repurchase Balai Berita
KUALA LUMPUR (July 10): There is no question that Media Prima is paying a high premium to repurchase Balai Berita (pictured) at an implied land cost of RM1,000 psf, The Edge Malaysia stated in a report this week.
Media Prima repurchases Bangsar headquarters from PNB for RM156.4m
KUALA LUMPUR (July 3): Media Prima Bhd is paying RM156.
