KUALA LUMPUR, Jan 9 — Kumpulan Perangsang Selangor Bhd’s (KPS) wholly-owned unit Bold Approach Sdn Bhd and Yeoh Jin Hoe have signed a conditional share sale agreement with AI Dream (HK) Ltd for proposed divestments of shares in Kaiserkorp Corporation Sdn Bhd for RM265.48 million cash.
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.