Aurora Mulia no longer substantial shareholder in Media Prima
Publish date: Mon, 07 Oct 2024, 07:31 PM
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 per cent or 353.81 million shares in Media Prima. — BERNAMA
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