Aurora Mulia Sdn Bhd, a company linked to tycoon 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.

- Bernama

NUJ condemns Media Prima's move to axe over 1,000 employees

NUJ condemns Media Prima's move to axe over 1,000 employees

Utusan back in publication, vows 'credible, objective' reporting

Utusan back in publication, vows 'credible, objective' reporting

Utusan Malaysia set to return in July

Utusan Malaysia set to return in July

NUJ confirms Utusan revival, job calls now open

NUJ confirms Utusan revival, job calls now open