PETALING JAYA: Star Media Group’s (SMG) Alex Yeow has expressed surprise over an analysis by Tan Sri Tong Kooi Ong on the deal by SMG Bhd and Matang Bhd.
"We are actually surprised with some facts and its interpretations quoted in the article which are not consistent with facts we disclosed in the company’s announcement," said Yeow, who is SMG group chief executive officer when approached at the Federation of Motor & Credit Companies Associations of Malaysia anniversary dinner on Saturday .
“While we respect him as a media veteran, we urge our shareholders to read our Extraordinary General Meeting circular carefully for accurate facts," he added. In his column, Tong’s Portfolio published in The Edge, Tong questioned the value of the deal with Matang and cost of constructing the buildings at the Star Business Hub.
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