Tong Kooi Ong has fully divested his stake in Nexnews (the holding company of The Sun, The Edge etc) and Tan Sri Vincent Tan just bought 35.7% of Nexnews, which means that The Sun, The Edge, The Financial Daily etc are owned by Tan Sri Vincent Tan from Berjaya group.
Is this a good move? Would the quality of The Edge increases? Would The Edge highlights more of Berjaya? Would this bring in more subscribers or readers for The Edge? The Sun?
You can read more at Malaysiakini
Saturday, January 26, 2008
The Sun, The Edge Owned by Tan Sri Vincent Tan
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1 comment:
I view it with concern. He was hopeless in running the Sun when he was the sole owner and I fear that the Government might have induced it, since both publications have been brave in their constructive critism.
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