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Media Chinese International Limited

Media Chinese International Limited is the most insignificant business of Sir Dato Tiong from the Rimbunan Hijau Group. Other than Jtiasa, Subur and Rsawit. Media Chinese crown jewel is "Nanyang Siang Pau" Dato Tiong is currently headed by Sir Dato Tiong's youngest daughter, Tiong Choon. Nanyang Siang Pau is the Oldest Chinese daily in Peninsula Malaysia with over 100 years history. Media Chinese own another 3 chinese daily. With current NTA of RM 0.4935 and dividend yield of 4%. However, its proposed dividend of 15 sen had been scrapped from the cancellation of sales of all its 4 chinese media to a HK listed company. Some see as a curse, but i see as an opportunity to buy into a success company as price is now reasonable. Lets see what Ms. Tiong Choon can do as an executive director and which party are interested to give a big pie for a share in the oldest chinese newspaper in Peninsular Malaysia - Nanyang Siang Pau. Thumbs Up! for Nanyang Siang