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Rolling Stone's S'pore shareholder wants to buy the magazine

Kuok Meng Ru in takeover talks after Jann Wenner put his controlling stake up for sale

Published Thu, Nov 23, 2017 · 09:50 PM

Singapore

THE 29-year-old founder of Singapore's BandLab Technologies Ltd said that he wants to buy the 51 per cent of Rolling Stone that he does not own, adding the world-famous brand to his growing global music business.

Kuok Meng Ru, a member of one of Asia's richest families, said that he is in talks to take over the magazine after Jann Wenner put his controlling stake up for sale two months ago, relinquishing his hold on the publication that he co-founded in San Francisco in 1967.

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Rolling Stone's S'pore shareholder wants to buy the magazine

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Best World under fire from shareholders at AGM over dividends, director salaries

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