DRB-Hicom denies acquiring 11% stake in Media Prima


It was reported that Syed Mokhtar Shah Syed Nor Al-Bukhary's DRB-Hicom has acquired Umno's 11% shareholding in Media Prima. – YouTube pic, July 3, 2019.

DRB-HICOM Bhd today denied a report that it has acquired an 11% stake in listed company Media Prima Bhd (MPB) and may acquire another 8% belonging to Umno.

“We wish to categorically deny the statements in the report,” the group said in a statement.


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