Nanyang Siang Pau
"The Star"'s dominant position as Malaysia's leading English-language newspaper has, for decades, been of significant benefit to its major shareholder, the Malaysian Chinese Association (MCA) political party (which ruled from the independence of Malaya until 2018 as a junior member of the Barisan Nasional coalition). Between 1997 and 2007, it was estimated that the MCA's investment arm, Huaren Holdings, collected MYR270 million in dividends - almost exclusively from their 42% shareholding in the Star's parent company - with dividends peaking at MYR40 million per year between 2005 and 2007. Despite a significant portion of these dividends funding debts from their later acquisition of Nanyang Siang Pau, a total of MYR100 million was still paid out to the MCA between 2001 and 2007.