Star Media invests nearly RM100 mil in unit trust fund focusing on Australian commercial office assets
KUALA LUMPUR (April 10): Star Media Group Bhd (KL:STAR) said it has subscribed to A$35.
Media Chinese International exits Canada with RM28.6m disposal, marking end of print-era footprint
PETALING JAYA (March 30): Media Chinese International Ltd (MCIL) is drawing a definitive line under its North American print legacy, disposing of its Toronto industrial property for CAD$9.
Star Media slips into losses in 2Q amid lower contribution from property development
The group attributed the weak performance to relatively lower contributions from its property development segment, due to higher progress billing from the Star Business Hub project a year ago.
Which PJ hot spots have the highest transacted home prices?
Find out the y-o-y median transacted price movements of four of PJ’s most popular locales as of Oct 31, 2024 — based on EdgeProp Research and EPIQ platform.
JAKS to pay RM5 mil cash to Star Media under land deal dispute settlement
The legal dispute, which started six years ago, centred on the divestment of the land by Star Media to JAKS Resources in 2011, in return for JAKS Resources building a 15-storey office building for Star Media on the site.
Star Media, JAKS ink settlement to end six-year dispute over Section 13 land deal
With the settlement agreement, the parties have agreed to withdraw legal proceedings and any counter claim against each other, with no liberty to file afresh.
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.
