Utusan Melayu ceases operations

Utusan Melayu ceases operations

The Edge Markets - Malaysia·2019-10-09 10:55

KUALA LUMPUR (Oct 9): Utusan Melayu (Malaysia) Bhd is ceasing operations today, according to an internal circular to employees.

In the circular signed by Utusan executive chairman Datuk Abd Aziz Sheikh Fadzir, sighted by theedgemarkets.com, Utusan said the company had undergone its most critical period in its 80-year history and business conditions had deteriorated after May 2018.

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