KUALA LUMPUR (March 9): Former finance minister II Datuk Seri Johari Abdul Ghani has emerged as a substantial shareholder in Media Prima Bhd after buying 109.7 million shares in the open market today through his private investment vehicle, JAG Capital Holdings Sdn Bhd, as the share price of the group tumbled by 10%.
According to an exchange filing today, Johari now has a direct 4.96% or 55 million shares, and indirect 4.93% or 54.7 million shares in Media Prima following a series of acquisitions.
Johari is a director of JAG Capital and CI Holdings Bhd. He is also the chairman and largest shareholder of KUB Malaysia Bhd.
KUALA LUMPUR (March 9): Based on corporate announcements and news flow today, companies in focus on Wednesday (March 10) may include: Malaysian Resources Corp Bhd (MRCB), Serba Dinamik Holdings Bhd, Kanger International Bhd, Top Glove Bhd, Star Media Group Bhd, KESM Industries Bhd, MMAG Holdings Bhd, Scientex Bhd, Media Prima Bhd, Komarkcorp Bhd, Daibochi Bhd and Complete Logistics Services Bhd.
Malaysian Resources Corp Bhd (
MRCB) is set to make its mark in New Zealand via a partnership with Panuku Development Auckland to develop the Aotea Central Over Station Development with a gross development value of RM1.3 billion (NZ$452 million) in Auckland City Centre. The urban regeneration development above City Rail Link s Aotea Station spreads across 1.08 acres with a total gross floor area of approximately 45,292 square metres.