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Syed Mokhtar’s Aurora Mulia sells entire Media Prima stake | Scoop

media-prima_og — 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. - Media Prima pic, October 7, 2024

Syed Mokhtar’s Aurora Mulia sells entire Media Prima stake

It ceases to be substantial shareholder after disposing 353.81 million shares, ending 31.9% ownership

Updated 7 October, 2024

7 October, 2024

11:54 PM MYT

KUALA LUMPUR – 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 percent or 353.81 million shares in Media Prima. – October 7, 2024

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