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Star Media Group
Tong's Portfolio
Business cycles — successful reinventions and those that fail
Unfortunately, there are also companies that destroy shareholder wealth.
April 03, 2024
Tong's Portfolio
Star Media Group: An unreasonable, value-destructive related-party transaction with Matang
Star makes more profit selling land than developing Star Business Hub.
May 25, 2023
Approval of Cityneon stake sale by Star Media shareholders triggers 90 cents per share general offer
SINGAPORE (July 7): Shareholders of Star Media Group have approved the sale of the company’s stake in Cityneon Holdings, triggering a mandatory general offer of 90 cents for each share.
July 07, 2017
M&A
Cityneon receives 90 cents per share pre-conditional offer from Lucrum 1
SINGAPORE (May 12): Cityneon Holdings, the exhibitions and events group, has received a pre-conditional mandatory offer from Lucrum 1 Investment to buy over all the shares it does not own at 90 cents each.
May 12, 2017
Malaysia's Star Media to launch first homegrown Asian-exclusive OTT platform
This article first appeared in Issue 1135 (Nov 7) of The Edge Malaysia
November 08, 2016
Cityneon in talks to hold exhibitions in new markets
(May 30): Star Media Group’s 64.97%-owned subsidiary Cityneon Holdings is in talks with potential partners to hold exhibitions in Australia, Singapore and a Scandinavian country, sources say. “The talks are ongoing. If all goes well, the exhibitions i
May 30, 2016
Cityneon places out 40 mil shares, $11 mil to go to China expansion
SINGAPORE (May 11): Event services provider Cityneon has sold 40 million shares at 55 cents each to CMC Holdings and other investors.
May 11, 2016