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Auction held for Kral TV

At an auction held by the Savings Deposit Insurance Fund (TMSF) on Friday for the sale of Kral TV – a subsidiary of Star Media Group with an estimated value of $45 million – AKS Inc. as the only competitor offered $45.1 million for the channel. Other competitors such as Pasific Television and Radio Enterprise Inc. and TV 2000 Television Production and Broadcasting Industry and Trade Inc. didn't attend the auction.

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