MALAYSIA’ FIRST NET PROVIDER JARING IN LIQUIDATION?

Malaysia's first internet provider Jaring Communications Sdn Bhd has been put under the care of a liquidator after a court order last Thursday.
Dr Mohamed Awang Lah, the former Jaring chief executive officer said he was sad that the entity he had helped to start back in 1986 under the name RangKoM, later launched as Jaring in 1992, had been left to deteriorate into the present condition.
Jaring was also a subsidiary of Mimos and subsequently taken over by the Finance Ministry in 2007.  
In August last year, Jaring was reportedly bought over by Utusan Printcorp for over RM100 million.
A few months later in October, The Malaysian Insider reported some 70 Utusan Printcorp staff held a protest to demand their unpaid salaries which was three months in arrears. Jaring staff were also among those reported not to have received their pay.
Jaring was among three contractors that received a full payment of RM88.13 million by the Ministry of Communication and Multimedia for an incomplete broadband project 
in Sabah and Sarawak, according to the first 
series of the Auditor-General's Report 2014.

Source: Agency