Hot headlines upon the KL media grapevine is which Leslie Lopez, informal correspondent for the Straits Times, is settling down to the desk job during The Edge, where he will be emissary to the brand brand brand new editor-in-chief, Kevin Khoo, someone "from the investment community" as an informant put it. Former arch editor Dorothy Teoh will right away conduct another section.
The changes have been said to be part of moves by the Edge to enlarge the presence, both in print as good as online. Word is which more staff have been being taken on, to dilate headlines as well as commercial operation coverage as well as spin the web site in to the full-fledged headlines operation of the own.
(Neither Leslie nor Dorothy was accessible for comment.)
The Edge is the profitable commercial operation weekly choc-a-bloc with specialist sections containing high-end advertising, as well as the companion, the Financial Daily, which provides stream monetary as well as commercial operation headlines as well as dual successful magazines. A socio-political lifestyle repository Off The Edge, was closed final year in order to concentrate upon headlines as well as commercial operation coverage.
Vincent Tan connection
The changes during the Edge coincidentally come during the time when tycoon Vincent Tan (of Berjaya, Sports Toto, Bukit Tinggi, McDonald's Starbucks, Kenny Rogers as well as 7-Eleven) announced he is relinquishing control of his diversified Berjaya group to his son Robin.
The Vincent Tan commercial operation empire includes The Sun, which he founded in 1994 as the inhabitant sunrise every day after offered off the 30% stake in the Star. The paper burnt by the reputed RM200mil investment, as well as was tighten to being close down after the front! -page in form upon an purported tract to murder Mahathir Mohamad in 2000. It one after another bleeding money until it was incited in to the Klang Valley-based giveaway paper in 2002 underneath managing senior manager Lim Siang Jin. A year later, the Sun merged with The Edge by public-listed Nexnews Berhad, in the joint venture between Vincent Tan as well as Edge owner Tong Kooi Ong, the former stockbroker-banker; operational carry out was placed underneath Edge executives led by managing senior manager Ho Kay Tat, once the Malay Mail arch reporter.
In the warn pierce in 2008, Vincent Tan paid for back the Sun from Tong, who defended The Edge. Two years later, Edge managing senior manager Ho Kay Tat changed to the Star, where he is right away arch executive.
Both the Sun as well as the Edge have prolonged been rumoured to be targets of an acquisition by Star Publications in order to broaden the product range as well as pillow the heavy dependence upon the revenues topsy-turvy up by the profitable Star.
A Mail 'take over' by the Sun
The Malay Mail, the prolonged faded king of the Klang Valley, began the brand brand brand new lease upon life this month as the RM1 morning newspaper underneath the care of dual people from the Sun. Phillip Karuppiah, the Sun's arch executive, changed to the Mail in April final year as well as suspended publication as the giveaway dusk paper in Nov in order to relaunch as the sunrise daily. Terence Fernandez, brought in from the Sun to be editor (news) with old Mail hand Frankie D'Cruz as senior manager editor has right away been joined by his former editor Chong Cheng Hai as paper consultant. Chong late from the Sun during the finish of final year.
(The Sun's emissary editor, Freddie Ng, additionally once with the Mail! when it was part of NSTP Group, took over as editor in January.)
The Mail is owned by Redberry group of outdoor promotion companies, which additionally includes Edge competititor Malaysian Reserve, the commercial operation every day which republishes the International Herald Tribune.
At the time of the Mail's suspension, the Star ran the story speculating which Redberry were offering businessman Khoo Kay Peng the stake in the Mail, or which it might deprive the media properties to other well-connected Malaysian businessmen.
It's the small world in Malaysia's English-language media.
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