Syed Mokhtar buys Umno’s 11.09% stake in Media Prima, says report


Syed Mokhtar Al-Bukhary has paid almost RM74 million for a 11.09% stake in Media Prima Berhad, making him the third largest shareholder. – The Malaysian Insight pic, July 3, 2019.

TYCOON Syed Mokhtar Al-Bukhary has taken over Umno’s 11.09% stake in media group Media Prima Berhad, reported The Edge Markets today.

Quoting sources, the financial portal said Syed Mokhtar bought the shares through an off market deal at the price of 60 sen a share yesterday.


Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one (1) week free access!

Subscribe Now!


Sign up or sign in here to comment.


Comments