Media Prima completes 2 acquisitions

KUALA LUMPUR: Media Prima Bhd yesterday completed the acquisition of 100 per cent equity in Kurnia Outdoor Sdn Bhd and Jupiter Outdoor Network Sdn Bhd. In a filing to Bursa Malaysia, it announced that the acquisition was completed yesterday following the purchase of the fourth and final tranche of 50,000 shares in Kurnia and 2,875 shares in Jupiter, representing five per cent of the issued and paid-up share capital of Kurnia and Jupiter respectively. Accordingly, Media Prima now holds 100 per cent of the issued and paid-up share capital of Kurnia and Jupiter, respectively.