Connect with us

News

Utusan Malaysia and Kosmo! May Be Totally Shutdown Due To Insufficient Funds, Workers’ Salaries Are Still Unpaid

Published

Utusan Malaysia May Be Totally Shutdown Due To Insufficient Funds, Workers' Salaries Are Still Unpaid - World Of Buzz
Source: Sinar Harian & Malay Mail

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

The possibility of losing one’s job is a terrifying scenario.

Utusan Melayu (Malaysia) Berhad is facing the threat of a total shutdown if they fail to sell off some assets in the coming few weeks, reported Sinar Harian.

This comes as reporting from The Star revealed all the publications under the Utusan Group, which are Utusan Malaysia, Mingguan Malaysia, Kosmo!, and Kosmo! Ahad will completely shutdown their print and online publications.

Utusan Malaysia And Kosmo! May Be Totally Shutdown Due To Insufficient Funds, Workers' Salaries Are Still Unpaid - World Of Buzz 1

Source: utusan

The President of National Union of Journalists Peninsular Malaysia (NUJ), Mohd Taufek Razak informed the outcome from a meeting with the highest management of the Utusan Group. If the company’s assets are not sold soon, there is no other way but to totally shut down all of its operations.

“In the morning, we (NUJ) met with the Executive Chairman of Utusan Group, Datuk Abd Aziz Sheikh Fadzir at the Ministry of Human Resources. According to him, they need to shut down Utusan’s operations because they are not able to bear the costs,” Mohd Taufek said.

Utusan Malaysia And Kosmo! May Be Totally Shutdown Due To Insufficient Funds, Workers' Salaries Are Still Unpaid - World Of Buzz 2

Source: sinar harian

“The management (Utusan Group) made the decision because they have insufficient funds to pay for workers’ current, future and overdue salaries. They have no money and they did not dispose of any current assets,” he told the press after a protest at the Utusan Malaysia compound yesterday (19th August 2019).

Mohd Taufek said that at the current moment, there are no aids provided by UMNO. He added that UMNO gained popularity by using Utusan as their medium and a tool for propaganda.

The Utusan Group have not provided any salaries to their staff since June 2019. The group has a history of paying their staff late.

Utusan Malaysia And Kosmo! May Be Totally Shutdown Due To Insufficient Funds, Workers' Salaries Are Still Unpaid - World Of Buzz

Source: sinar harian

The salaries for executive staff was halted for two months. The executive staff were paid half of their salary (RM2,000) in June this year.

Some of the staff continued working there even without salaries because they still loved Utusan. There were even some staff members who had to borrow money from loan sharks just to afford a living.

Almost 100 staff members from the Utusan Group were at the protest to demand for their unpaid salary since June to August 2019.

It is hoped that the workers will get their unpaid salaries soon so that they can cover all their living costs. Hopefully, their jobs would not be jeopardised due to this incident.

 

Also read: Malaysia’s Oldest Newspaper Finally Quits Print Operations After 122 Years!

Out Of Print: Oldest Malaysian Newspaper Malay Mail Bids Farewell After 122 Years - World Of Buzz 2

 

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

My Post 1 2026 04 07T165806.605 My Post 1 2026 04 07T165806.605
News8 hours ago

M’sian Widower Cries as He Gets 6 Months in Jail for Throwing Kitten Against Kajang Laundromat Wall

An unemployed widower and father of three, who previously went viral for abusing a kitten, has been sentenced to prison....

My Post 1 2026 04 07T154044.786 My Post 1 2026 04 07T154044.786
News9 hours ago

29yo Drug-Positive Trailer Driver Charged with Murder of Family Trio in Fatal Johor Crash

The trailer driver who tested positive for methamphetamine following a fatal accident that killed three family members last Thursday (2...

Dd Ft 2026 04 07T122012.315 Dd Ft 2026 04 07T122012.315
News12 hours ago

53yo M’sian Staff Member Found Dead After Getting Trapped in Locked Storage Room at UPSI

A 53-year-old man was found dead at a university in Perak after reportedly becoming trapped in a storage room at...

Dd Ft 2026 04 07T104237.372 Dd Ft 2026 04 07T104237.372
News14 hours ago

“No exceptions” – DAP Calls on Govt to Take Strict Action Against Drunk Drivers Who Cause Fatalities

The Democratic Action Party (DAP) Central Executive Committee (CEC) has called for firm and strict action against drivers under the...

Feat Image Nadi Feat Image Nadi
News1 day ago

Govt Eyes NADI Centres as Alternative Workspaces to Facilitate Malaysians’ WFH Arrangements

With more companies moving towards flexible work arrangements, the government is looking at ways to make remote working more accessible,...

Collage 22 Collage 22
News1 day ago

PDRM: Viral Honda CR-V Driver Who Drove Wrong Way in Seremban Claims She Was Unfamiliar with Road

A woman has been detained after an SUV was caught on video being driven against the flow of traffic along...

Dd Ft 2026 04 06T154303.513 Dd Ft 2026 04 06T154303.513
News1 day ago

JPN: Up to 3 Years’ Jail & RM20k Fine for Using Others’ MyKads for RON95, Including Family Members

The National Registration Department (JPN) will conduct further investigations into cases in which drivers were found to have used other...

Collage 21 Collage 21
News2 days ago

PDRM: Viral Driver Who Went Against Traffic on Old Klang Road Not Drunk, Entered Wrong Lane by Mistake

A driver recently made headlines for driving against the flow of traffic on Old Klang Road for 500 metres after...

Announcement

Latest Videos



TRENDING TODAY