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Seni Jaya is buying over Ganad Media to grow its advertising footprint. The deal is worth RM5 million, with RM3 million paid in cash and the remaining RM2 million settled by issuing about 4.95 million new shares at 40.4 cents each
Looking ahead, SJC’s revenue is expected to grow about 12% a year over the next two years, which is faster than the 8.1% growth forecasted for the media industry in Asia
