Bleak outlook for Utusan, faces delisting

By Aishah Afandi KUALA LUMPUR, Aug 19:  Utusan Melayu (Malaysia) Bhd faces possible de-listing from Bursa Malaysia amid financial distress coupled with failure to find a white knight.   The news comes after talks that the oldest Malay daily that was established in 1939 as Utusan Melayu with its first publication in Jawi would cease operations this Wednesday after operating for 80 years.   As at June 30, 2019 its accumulated losses stands at RM261.61 million.   In a filing to Bursa Malaysia today, it... Read More
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