Speculation Australian-owned Phnom Penh Post sold to Malaysian investor
'The Post can confirm that the discussions are ongoing, and remain confidential.'
The Australian-owned Phnom Penh Post has responded to swirling rumours that it has been the subject of an acquisition by mainly Malaysian interests.
The Post’s CEO Marcus Holmes (pictured) said, “The Post is in discussion with another party about an investment. This type of discussion has happened many times in the 25 years that the Post has been operating.
“At this time, the Post can confirm that the discussions are ongoing, and remain confidential, with all parties bound by non-disclosure agreements, as is normal for these types of talks.”
The Perth-based publisher of the Post, Bill Clough, said, “The Post is open for business, and welcomes discussions about investment in our strong brand here in Cambodia.”
More from Mediaweek
The leading media trade publication in Australia.
Get our top stories straight to your inbox daily by signing up to our Newsletter
By providing your information, you agree to our Terms of Use and our Privacy Policy. We use vendors that may also process your information to help provide our services.
