(Person) Percentage - Sabanci University Research Database

The Asian Media & Mass Communication Conference 2010 Osaka, Japan
Berita Book Centre Selling books, magazines and office
Penerbitan Inthomas (Fleet Trading &
Manufacturing
stationery
60% Majority
Investment Holder 50% Majority
Kompass Singapore Business Information 70% Majority
New Fleetprint Press Service provider 56% Majority
London Ltd. (Time of Malaysia) Agency to Group of Companies
Bank of Commerce Bank 70% Majority
BCB Nominees Shares Registration 70% Majority
American Malaysian Insurance Insurance 51% Majority
Enesty Transportation 82% Fully Owned
Enesty Crediting & Leasing Pemajakan 82% Fully Owned
Enesty Management Management Consultant 100% Fully Owned
Fleet Communication Film Puction 100% Fully Owned
Fleet Communication Industy Telecommunication 70% Majority
Fleet Telecommunication Trading Telecommunication 70% Majority
Source: Edmund Terence Gomez (1990. 64)
Based on the information as depicted in the table it was obvious that UMNO had actively
involved in the control of media through its companies which dominated most of the equities that
were related to mass media. This scenario once again testified that NEP in reality had given so
much leverage and freedom to the main political parties in Malaysia to play as major players in
the market. As Zaharom asserts:
The economic liberalisation has not really resulted in a
loosening of government control over the media, contrary to
the initial beliefs of many. The reverse has in fact happened.
The main forms of control over the media – legal, political
and economic – have certainly been tightened since
1980s...The ownership and control of the media are in the
hands of a few who are closely aligned to the government
and who also wish to profit from the situation.
(Zaharom,2002:130)
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