Media giant makes global push

Hong Kong - Media Chinese International, formerly known as Ming Pao media, is in the process of building one of China's largest media corporations, following two major acquisitions.

In late April, Ming Pao announced it had changed its name to Media Chinese International and today the renamed company made its debut on the Kuala Lumpur stock exchange.

The listing will not effect Media Chinese International Hong Kong status and the company will continue as a listed Hong Kong business.

Media Chinese International, publisher of Ming Pao Daily News and majority owner of the listed One Media Group, is in the process of merging Sin Chew Media Corp and Nanyang Press Holdings into its group.

Sin Chew Media owns newspapers in Malaysia, Cambodia and Indonesia.

Malaysian media tycoon Tiong Hiew King, chairman of Media Chinese International, said following the merger the company will be one of the largest global Chinese language print media platforms.

In a statement on the Hong Kong stock exchange, Tiong said the company will publish approximately 1 million newspapers each day in markets including Hong Kong, Malaysia, the US, Canada and Mainland China.

He said the company plans to use its considerable weight to push into new markets and explore new media platforms.

"The platform will provide further growth opportunities in media related businesses for the merged Group to expand from print to multimedia. In addition, the merged group is also expected to benefit from potential synergies arising from the larger combined operations," Tiong said.

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