Singapore passes Bill requiring government approval for major media acquisitions

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Channel News Asia Malesia 3h

Singapore passes Bill requiring government approval for major media acquisitions

SINGAPORE: Acquisitions of 30 per cent or more in key media entities will require approval from the Infocomm Media Development Authority (IMDA), among other changes under a Bill passed on Wednesday (May 6). Amendments to the IMDA Act were passed in parliament to bring media regulation in line with »»»

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