Hi everyone good day to you

Just about a week ago Tan SrI Syed Mokhtar was on the headlines as his company MMC Corporation Berhad was given the greenlight to be taken private.

TSSM has been on the headlines before too as he took TRADEWINDS private. 

Now there has been some rumors going on about which is the next company under his stable to be privatised according to an article which was posted by Astro Awani

Source: https://www.astroawani.com/berita-bisnes/who-will-syed-mokhtar-privatise-next-323671

According to some extensive research we did we believe that MEDIA PRIMA could be the next to be privatised due to certain reasons.

Here are the 2 reasons in which we believe MEDIA could be the next

1. Companies in the media industry are ripe for privatisation due to dwindling newspaper sales and the challenging industry outlook.

Below are some of the information extracted which indicates a potential privatisation 

Source: https://www.theedgemarkets.com/article/media-prima-mulling-privatisation-%E2%80%94-sources


2. There has been some big Direct Business Transactions (DBT) in the past one year or so to indicate that TSSM is on the verge taking MEDIA private

Hence with all these information given we strongly believe that MEDIA could be the one next to get privatised. 


Disclaimer: Author is just sharing his/her opnion therefore this shall not be deemed as a buy/sell call. Consult your financial advisor for more information.