KUALA LUMPUR: The assets at Iskandar Malaysia Studios still belong to Khazanah Nasional Berhad, says Deputy Finance Minister Steven Sim.
He said that Khazanah did not sell the assets at the film and television production complex, but only sold shares in the company that operates the studio.
"IMS is facing financial sustainability challenges, exacerbated by the impact of the Covid-19 pandemic on the film industry,” he said. Studio Management Services is a consortium led by the local management team of IMS, its regional partner GHY Culture & Media Holding Co. Limited and its subsidiary, GHY Culture & Media Sdn Bhd - a media group in the Asian entertainment industry that is listed on the Singapore Stock Exchange.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Khazanah tidak jual aset kompleks IMS, kata timbalan menteri | The Malaysian InsightSteven Sim berkata studio berkeluasan 19.8 hektar di Iskandar Puteri, Johor itu masih dimiliki Khazanah.
Read more »
Finance Ministry denies Iskandar film studios sold to S'pore firmPARLIAMENT | Steven Sim says Khazanah Nasional still owns the assets of IMS.
Read more »
Khazanah still a stakeholder of Iskandar Malaysia Studios but looking for partners, Finance Ministry says amid sale accusationKUALA LUMPUR, June 13 — The Finance Ministry has today denied the sale of a film and television production complex land of 49 acres in Iskandar Puteri, Johor Baru. Deputy...
Read more »
Polis minta bantuan Interpol kesan pelawak Jocelyn ChiaPelawak itu memperlekeh Malaysia dalam persembahan komediri bertajuk ‘Singapore vs Malaysia’ yang diadakan di New York.
Read more »
Floods: 25 evacuated after flash floods hit Iskandar PuteriISKANDAR PUTERI: A total of 25 people, including a baby, have been relocated to a temporary relief centre after their houses in Kampung Baru Muafakat, here were inundated by floodwaters.
Read more »
Bina tembok cegah banjir di Iskandar PuteriBina tembok cegah banjir di Iskandar Puteri BERITA NASIONAL Tragedi Binatembokpencegahbanjir
Read more »