KUALA LUMPUR, April 4 — Parliament today approved a motion by the government, through the Minister of Finance (Incorporated) (MoF Inc), to convert the remaining government loan in UDA Holdings Bhd (UDA) into equity investment (share capital).
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.