APNS Punjab Committee Discusses Financial Struggles of Newspapers
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4 Articles
Jyllands-Posten
finans.dkLast week it emerged that the Danish construction group and construction giant Nordstern had come into new hands in the form of the European asset manager Pemberton Asset Management. In a press release...
APNS Punjab committee discusses financial struggles of newspapers
The All Pakistan Newspapers Society (APNS) Punjab Committee, chaired by Jameel Athar Qazi, met to discuss financial challenges facing newspapers, including government advertising, delayed payments and declining revenue in the print media industry. Directorate General of Public Relations (DGPR) Punjab Farid Ahmed Sheikh and Director General PID Lahore Shafqat Abbas briefed the committee on the department’s performance, recent measures to address …
Nordstern's existing lender is taking over full ownership, and according to information from Børsen, debt has been converted into shares. The auditor estimates that the previous owner may have lost up to DKK 1.9 billion.
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