Document Submission

22/06/2017

Circular/Notice to Shareholders

STAR MEDIA GROUP BERHAD

Subject Circular to shareholders in relation to proposed disposal by Laviani Pte Ltd, a wholly-owned subsidiary company of Star Media Group Berhad, of 128,458,590 ordinary shares in Cityneon Holdings Limited ("Cityneon"), representing approximately 52.51% of the equity interest in Cityneon to Lucrum1 Investment Limited for a total disposal consideration of SGD115,612,731 (equivalent to approximately RM360,179,902) to be satisfied entirely via cash


Please refer attachment below.


Announcement Info

Company Name STAR MEDIA GROUP BERHAD
Stock Name STAR
Date Announced 22 Jun 2017
Category Document Submission
Reference Number DCS-21062017-00016


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