KUALA LUMPUR: Prominent tycoon Syed Mokhtar Al-Bukhary has extended his control over Umno’s former media empire by gaining a crucial role over the future of Utusan Group’s newspapers.
Dilof is the holder for the publishing licences issued by the home ministry for the group’s newspapers – Utusan Malaysia, Mingguan Malaysia, Kosmo and Kosmo Ahad. The licences are commonly called KDN permits and must be renewed annually. In July, Aurora Mulia was reported to have bought Umno’s 11.09% stake in Media Prima Bhd, according to the Malaysian Reserve business newspaper, which is also controlled by Syed Mokhtar. In two more deals in July and August, Aurora Mulia raised its stake to 20.56%.One of Aurora Mulia’s board members is Syed Mokhtar’s son Syed Danial, while the other directors are Ahmad Khan Jaffa Khan and Azman Hanafi Abdullah.
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