Aurora Mulia Disposes Of Entire Stake In Media Prima, Ceases To Be Substantial Shareholder
KUALA LUMPUR, Oct 7 (Bernama) -- Aurora Mulia Sdn Bhd, a company linked to tycoon Tan Sri Syed Mokhtar Albukhary, has disposed of 353.81 million shares in Media Prima Bhd, ceasing to be a substantial shareholder in the company.
In a filing with Bursa Malaysia today, Media Prima stated that the deemed interest pursuant to Section 8(4) of the Companies Act 2016 has ceased, indicating a significant update regarding the company’s compliance with corporate governance regulations.
According to the company’s Annual Report 2023, Aurora Mulia holds 31.90 per cent or 353.81 million shares in Media Prima.
-- BERNAMA