Fri, 29 Mar 2024 Today's Paper

Bid to buy media outfit through a proxy?

By

16 August 2017 11:10 am - 0     - {{hitsCtrl.values.hits}}

A A A

 

A story coming down the grapevine says that a Malaysian investor set to buy a leading media institution in the country is here now to negotiate the deal.

 


However, a very high political authority who smelled a rat about the mega dollar deal in the offing has deployed intelligence sleuths to find out whether there is more to it than meets the eye, they say.


By the way, a story that went viral a few months ago said the media institution in question was about to change hands, but that did not come to pass. There is a business network linked to this media institution and one of its entities is being run at a loss, they say. Those at the highest echelons in yahapalanaya are reportedly keen on ascertaining whether the Malaysian investor is a genuine one or a proxy of a certain local firm at the centre of a raging controversy here. They are also interested in making way for a friendly local investor to acquire it. 


All present indications are that this media institution will become a bone of contention between the Blues and the Greens at the end of the day, informed sources say. 


Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

  Comments - 0

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment





Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

VAT increase: SOUNDs death knell for publishers, readers

Though the Government imposed VAT (Value Added Tax) on vegetables and other e

How female change-makers are driving Sri Lanka’s energy saving platform

Saving energy has become more of a responsibility than a habit in today’s c

A dull Ramadan awaits Muslims amidst the Soaring Cost of Living

In the coming days, Muslims across the world will welcome the Holy Month of R

New wildlife underpass to curtail HEC

As of February 2024, Sri Lanka lost another 38 elephants as a result of the H