Founded 1845 | Parent organization Media Prima | |
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Subsidiaries The New Straits Times Properties Sdn Bhd | ||
The New Straits Times Press (Malaysia) Berhad (NSTP, MYX: 3999) is a Malaysian conglomerate of publishing companies, owned by Media Prima. The NSTP publishes several newspapers, including the New Straits Times, Berita Harian and Harian Metro.
History
The "New Straits Times Press" (initially News Straits Times Press Sdn Bhd) was formed by the directors of the Directors of the Straits Times Press (Malaysia) Berhad, in a desire to meet the reasonable aspirations of Malaysians to have a majority shareholding in the company which produced the largest mass-circulation organ in the territories of East and West Malaysia.
The Malaysia operations of the Straits Times, the Sunday Times, the Malay Mail, the Sunday Mail, Berita Harian and Berita Minggu were transferred to this new company. An agreement was reached in 1972 between the directors of the Straits Times group and Tengku Razaleigh Hamzah for the disposal of 80 per cent of the stock of the News Straits Times Press (Malaysia) Sdn. Bhd. for the Malaysian interest.
The company joined up with three others to establish Malaysian Newsprint Industries in 1996, with the mill in Mentakab starting production in April 1999.