Syed Mokhtar’s stake in Media Prima: a strategic business but also political move, say pundits. [Newspaper] (2019)
Abstract
KUALA LUMPUR, July 9 — Businessman Tan Sri Syed Mokhtar Albukhary’s recent acquisition of Umno’s stake in Media Prima seems to be his way to “curry favour with the new government”, several observers have suggested. Some political analysts polled have also suggested that the move may be linked to Prime Minister Tun Dr Mahathir Mohamad — who was previously close with the tycoon — and may even benefit his political stature. “We must remember that Syed Mokhtar is a corporate superman and not a news guy... he made his name while in Johor Baru at a time when he was friendly with Muhyiddin and Anwar which shows that he is friends with everyone,” said political analyst Hoo Ke Ping, referring to Tan Sri Muhyiddin Yassin and Datuk Seri Anwar Ibrahim.
| Item Type: | Newspaper |
|---|---|
| Keywords: | Business strategy, Investments, Merges and Acquisitions, Motivation |
| Taxonomy: | By Subject > Business & Management > Finance By Subject > Business & Management > Management |
| Local Content Hub: | Subjects > Business & Management |
| Depositing User: | Normah Sadaiee |
| Date Deposited: | 29 Jun 2021 07:48 |
| Last Modified: | 29 Jun 2021 07:48 |
| Related URLs: |
Actions (login required)
 |
View Item |