Utusan, Malaysia’s oldest newspaper, and Kosmo! to cease publication

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PETALING JAYA: The oldest newspaper in the country will be laid to rest on Wednesday (Aug 21) after a sustained period of financial uncertainty.

Utusan Malaysia’s National Union of Journalists chief Taufek Razak said that executive chairman Datuk Abd. Aziz Sheikh Fadzir admitted that the company is penniless.

“We were told that the company has no money left to pay the staff or operate the business any longer,” said Taufek. The Utusan Group has not paid its staff any salaries since June. Even before this, it had repeatedly delayed salary payments.

 

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