Anwar says govt had previously rescued Utusan Malaysia publisher amid financial difficulties
PETALING JAYA, Nov 4 — Prime Minister Datuk Seri Anwar Ibrahim said the government had previously stepped in...
Pahang's Chief Minister, Anwar Ibrahim, stated that the federal government had previously intervened to support Utusan Malaysia publisher and Kosmo! when the company encountered operational challenges. Consequently, when inquiries arose regarding the recent decision to place approximately 100 employees on paid leave, they should be directed towards Media Mulia Sdn Bhd, the entity responsible for publishing both newspapers.
During a press conference following the 2026 World Town Planning Day celebration and the inauguration of the Fifth National Physical Plan (RFN5) and Third National Urbanisation Policy (DPN3), Anwar was questioned about the justification of the company's downsizing measures and the compensation that the impacted employees would receive.
On November 2, Abd Wahid Idris, the Media Mulia director and chief financial officer, disclosed that the company would implement a Paid Leave Programme for around 100 employees as part of its strategic realignment. This decision was made in response to the evolving dynamics within the media sector, as the company sought to reassess its business model, operational framework, and strategic roadmap to ensure its sustainable future.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
