Creditor’s voluntary liquidation to save Utusan brand, says former group chief editor | Malay Mail

Saturday, 12 Oct 2019 09:33 PM MYT

KUALA LUMPUR, Oct 12 — The decision by Utusan Melayu management to choose creditors’ voluntary liquidation of the newspaper is to save the newspaper’s brand and license. “So what happened is that the company is winding up via voluntary liquidation. So whoever is working with Utusan Melayu is deemed to have lost his post. All assets under the company will be sold to settle debts.

“In my opinion, they should think of other options,” he told reporters after attending a Media and Politics Workshop in New Malaysia at Parliament today.

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Voluntary liquidation strictly for business, to save Utusan brand, say former group chief editorKUALA LUMPUR (Bernama): The decision by Utusan Melayu management to choose creditors’ voluntary liquidation of the newspaper is to save the newspaper's brand and license, says Tan Sri Johan Jaafar.
Source: staronline - 🏆 4. / 75 Read more »

Voluntary liquidation strictly for business, to save Utusan brand, say former group chief editorKUALA LUMPUR (Bernama): The decision by Utusan Melayu management to choose creditors’ voluntary liquidation of the newspaper is to save the newspaper's brand and license, says Tan Sri Johan Jaafar.
Source: staronline - 🏆 4. / 75 Read more »