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.
The Edge Media gives staff Covid-19 vaccination bonus
KUALA LUMPUR (June 24): The Edge Media Group is giving a RM1,000 bonus to staff who are fully vaccinated against Covid-19.
Star Media Group to list property on Airbnb
KUALA LUMPUR (April 26): Star Media Group Bhd will continue to unlock the value of its land and building assets through tenancy, including listing its property on Airbnb besides being on the lookout for potential partners for joint property developments as the newspaper publisher seeks to demonstrate adaptability and build resilience in response to an evolving media landscape amid the Covid-19 pandemic, Star Media chairman Tan Sri Chor Chee Heung said.
Star Media Group appoints ex-housing minister Chor Chee Heung as new chairman effective March 15
KUALA LUMPUR (March 9): Star Media Group Bhd has appointed Tan Sri Chor Chee Heung as its independent and non-executive chairman, effective March 15.
