Who owns Utusan?
Tan Sri Syed Mokhtar
Utusan and Kosmo! used to be controlled by Umno, until poor financial performace forced it to cease operations nine months ago, with more than 800 workers losing their jobs. Tan Sri Syed Mokhtar also owns 31.22 per cent in Media Prima Bhd, Malaysia’s largest media conglomerate.
What happen to Utusan Malaysia?
Despite financial injection, Utusan Malaysia and its sister papers continued to suffer losses and mounting debt from decreasing circulations, and it finally shuttered on 9 October 2019.