The Australian-owned Phnom Penh Post has been sold to Malaysian businessman Siva Kumar G, according to Post chairman Bill Clough of Perth.
In a statement released to his inner circle on Saturday, Clough said, “All done. I am taking the staff, and friends of ‘the Post’, out on a Mekong twilight boat cruise tonight for the final time as owner-publisher.”
No financial details of the sale were released.
The Malaysian buyer Siva Kumar G is the managing director and CEO of Kuala Lumpur-based PR firm Asia PR.
He is described on that company’s website as “a journalist by discipline and training from the UK and Australia. He is also an author and a strategist for the government and his last tour of duty was as CEO and editor in chief of The Eastern Times in Kuching, Sarawak.”
During the 1990s, Asia PR was a backer of a Cambodian newspaper headed by T Mohan, who now owns the English-language daily the Khmer Times.
(Disclosure: Peter Olszewski is also a columnist for the Khmer Times.)