Ezywood Options Sdn Bhd, a previously unknown company, has today been suddenly catapulted into a major player in the Chinese media industry.

MCA, confirming months of speculation, has decided to sell off 21.02 percent of its controlling 44.4 percent stake in Nanyang Press Holdings - the owner of Chinese dailies Nanyang Siang Pau and China Press - to Ezywood for RM64.7 million.