Media Prima: In early talks with Puncak Semangat

Media Prima Bhd is in preliminary talks with privately-held Puncak Semangat Sdn Bhd, which is looking at converting all analog televisions (TVs) into the digital ones by 2015. Puncak Semangat, owned by tycoon Tan Sri Syed Mokhtar Al-Bukhary, has been bidding for the conversion job from the government for the last 3 years. "We cannot comment much on that. It's still in preliminary talks. Actually what I am doing here is evading your question," Media Prima COO for television networks Ahmad Izham Omar  said at a press conference after announcing the content line-up for four of its TV stations for next year. The conversion of all analog TVs to digital is expected to cost about RM2bn, a study done in 2000 revealed. The government is expected to announce the winner next  year, but industry sources said the government has more or less confirmed that the tycoon has got the job. (Business Times)


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