Syed Mokhtar is the single largest shareholder in the media group with a 16.05% stake.
PETALING JAYA: A mandatory general offer (MGO) at Media Prima Bhd
seems more likely now, as Tan Sri Syed Mokhtar Albukhary further tightened his grip on the media company with an additional 55 million shares or a 4.96% stake last Thursday.
The acquisition, done via a direct business transaction at 60 sen per share for RM33mil, has made the tycoon the single largest shareholder in the media group with a 16.05% stake.
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