Audio By Carbonatix
The Malaysian owners of TV3 Network Limited say they are on track with the intended sale of the network.
The Group Managing Director of Media Prima bhd, Datuk Amrin Awaluddin is quoted by the Malaysia News Agency, Bernama that they hope to complete the disposal by the third quarter of this year.
He cited the need to obtain the necessary regulatory approval from government for the delay in disposing of the network.
Prima Media is divesting 90 percent equity interest in TV3 to Media General Ghana Limited for approximately 2.8 million dollars.
It says in its filing to the Bursa Malaysia, an exchange holding company which operates a fully integrated exchange that the divestment was in line with the group’s strategy to focus on domestic operations.
Source: Joy Business/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Unauthorised drone flights banned at Manhyia Palace
20 seconds -
Aksa bribery scandal: Ghana’s probe must be pursued with speed – Dafeamekpor
16 minutes -
Samson’s Take: When religion threatens peace, sanity must prevail
47 minutes -
Friendship: Why time matters less than continuity
56 minutes -
Africa’s AI moment: They say data is the new gold. But who is drilling it?
57 minutes -
Ghana delivers strong performance in retail market in half-year; value up 15.6% – Maverick Research
1 hour -
The world’s oldest president left for a ‘brief stay’ in Europe. He hasn’t returned in two months
1 hour -
Parliamentary committee commends GIPA’s investment drive, backs key reforms
1 hour -
Livestream: Newsfile discusses AKSA energy deal, legal vacation and GoldBod losses
2 hours -
Jason Arday: 10 things you may not know about British-born Ghanaian former Cambridge professor found dead at 41
4 hours -
KNUST partners with government to manufacture locally-made agricultural machines and smart traffic lights
4 hours -
Government to add constitutional referendum to 2027 District Assembly elections
5 hours -
Ambassador Nancy Sam meets South Africa’s Thanda to strengthen Africa tourism collaboration
5 hours -
Government disburses GH¢23.1 billion to clear road contractors’ arrears – Roads Minister
6 hours -
NPP Ashanti elections: 1,020 delegates to choose 11 regional executives
7 hours