New Straits Times Press

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The New Straits Times Press (Malaysia) Berhad
FormerlyThe Caxton Press (1957) Sdn Bhd
Company typePrivate limited company
Founded31 January 1973; 51 years ago (1973-01-31)
HeadquartersBalai Berita Bangsar, 31, Jalan Riong, 59100 Kuala Lumpur, Malaysia
Key people
Ismail Omar, Chairman
Abdul Jalil Abdul Hamid, CEO & Group Managing Editor
ParentMedia Prima
Websitewww.nstp.com.my

The New Straits Times Press (Malaysia) Berhad (officially abbreviated as NSTP) is a Malaysian newspaper publishing conglomerate, owned by Media Prima. The NSTP publishes several newspapers, including its namesake flagship newspaper as well as Berita Harian and Harian Metro.

History

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The New Straits Times Press (initially News [sic?] 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.[1]

The Malaysian 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 Press Group (a forerunner of SPH Media) and Tengku Razaleigh Hamzah for the disposal of 80 per cent of the stock of The New Straits Times Press (Malaysia) Sdn. Bhd. for the Malaysian interest.[2][3]

The company joined up with three others to establish Malaysian Newsprint Industries in 1996, with the mill in Mentakab starting production in April 1999.[4]

The NSTP formerly a parent company of Berita Publishing which primarily focused on book and magazine publications. The company owns 100% in its subsidiary before divested it in 2000 to its former editor-in-chief, Abdul Kadir Jasin through his company, Alaf Positif.[5]

On 22 September 2003, both the NSTP and Sistem Televisyen Malaysia Berhad were spun off from Malaysian Resources Corporation Berhad (MRCB), in which the latter had acquired from Renong Berhad in 1993 to form Media Prima Berhad.[6][7]

The NSTP announced in December 2019 that they will lay off 543 workers while bureaus were reduced into five effective 12 March 2020.[8][9]

Branch offices

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[10]

See also

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References

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  1. ^ "Straits Times proposes major changes'". The Straits Times. 31 January 1973. p. 29. Retrieved 14 May 2019.
  2. ^ "Straits Times subsidiary". The Straits Times. 5 September 1972. p. 9. Retrieved 14 May 2019.
  3. ^ "The New Straits Times Press". The Straits Times. 17 September 1972. p. 1. Retrieved 14 May 2019.
  4. ^ Pollen, Geir (2007). Langt fra stammen (in Norwegian). Oslo: Gyldendal Norsk Forlag. p. 267. ISBN 978-82-05-34625-3.
  5. ^ "Berita Publishing changes hands". New Straits Times. 5 July 2000. Retrieved 12 July 2020.
  6. ^ Malcolm Rosario (27 September 2003). "Local content export to rise: Media Prima". The Malay Mail. Retrieved 23 July 2020.
  7. ^ Dzulkarnain Taib (12 October 2003). "Premium media group". Sunday Mail. Retrieved 23 July 2020.
  8. ^ "Malaysia's New Straits Times Press group axe 543 workers, cut bureaus to 5". Today Online. Retrieved 27 November 2020.
  9. ^ 543 kakitangan kumpulan New Straits Times Press (NSTP) ditamatkan perkhidmatan Penangkini. 17 December 2019. Retrieved 17 December 2019.
  10. ^ "Branches".
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