A company linked to Syed Mokhtar Al-Bukhary will soon be the majority owner of the company which held the printing permits forIn a statement yesterday, Utusan Melayu Bhd said it will dispose of a 70 percent of its wholly-owned subsidiary Dilof Sdb Bhd to Aurora Mulia Sdn Bhd.is not buried and the publication of the 15-year oldOver the past year, Aurora Mulia has aggressively expanded its shareholdings in Media Prima Bhd in which it now has a 31.22 percent stake.
Not much is known about Aurora Mulia apart from that Syed Mokhtar's son, Syed Danial is among its directors.He is believed to be the owner of TMR Media Sdn Bhd which publishes the business newspaperSeveral companies linked to Syed Mokhtar are also believed to be shareholders in Utusan Melayu. Media Prima is a media conglomerate which publishes newspapers, owns four free-to-air television stations, produces web content on many platforms, owns a production studio and has an outdoor advertising company, among others.
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Tycoon Syed Mokhtar gains control of Utusan's KDN permitsNewspaper company sells 70% stake in its permit-holder to a company believed to be controlled by Syed Mokhtar Al-Bukhary and which owns a stake in Media Prima. FMTNews
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