Killing the company to save the paper | The Malaysian Insight

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Killing the company to save the paper

An Utusan Malaysia staff clearing up his table at the company yesterday. A source tells The Malaysian Insight that the paper's management have decided to shut it down rather than continue bleeding money to save it. – The Malaysian Insight pic by Afif Abd Halim, October 10, 2019.

THE top bosses of Utusan Malaysia have decided to shut down the company, Utusan Melayu Bhd, in order to save the historic 80-year-old newspaper, said sources. They said the bosses decided to sacrifice the debt-ridden company rather than totally losing the newspaper which had played a critical role in Malaya’s independence movement.

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