News about media

KUALA LUMPUR (July 16): Malakoff Corp Bhd is buying a parcel of leasehold industrial land in Klang from Media Prima Bhd for RM25 million.

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.

KUALA LUMPUR (July 3): Media Prima Bhd is paying RM156.

KUALA LUMPUR (June 24): The Edge Media Group is giving a RM1,000 bonus to staff who are fully vaccinated against Covid-19.

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.

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.

KUALA LUMPUR (March 1): Datuk Fu Ah Kiow has resigned as Star Media Group Bhd chairman today to spend more time with his family, the company said.

PUTRAJAYA (Jan 13): Deputy Communications and Multimedia Minister Datuk Zahidi Zainul Abidin (pictured) has been confirmed positive for Covid-19 based on test results received this morning.

KUALA LUMPUR (Dec 8): Furniture behemoth IKEA has decided to end the publication of its mega popular catalogue, the company announced yesterday.

KUALA LUMPUR (Dec 5): Hypermarket operator TF Value-Mart (TF) may have recently changed owners, but they are keeping to its successful and simple formula of focusing on second-tier cities and remaining asset-light, The Edge Malaysia reports.