SPH - CGS-CIMB Research 2022-01-11: Towards A Stronger Year

SPH - Towards A Stronger Year

SINGAPORE PRESS HLDGS LTD (SGX:T39) | SGinvestors.ioSINGAPORE PRESS HLDGS LTD (SGX:T39)
  • Tenant sales and occupancy of SPH (SGX:T39)’s retail malls remained resilient in 1QFY22 (Sep 2021 to Nov 2021).
  • SPH’s purpose-built student accommodation (PBSA) revenue for the current UK academic year of 2021/22 (AY21/22) has exceeded its AY20/21 achievement.
  • Keppel/Cuscaden scheme meeting date will be announced later, pending regulatory approval of composite document/finalisation of IFA opinion.
  • Reiterate Hold. SPH’s last price of S$2.34 is close to Cuscaden’s revised offer of S$2.36-2.40.



Above is the excerpt from research report by CGS-CIMB.
Clients of CGS-CIMB may access the full report in PDF @ https://www.itradecimb.com.sg/.



EING Kar Mei CFA CGS-CIMB Research | https://www.cgs-cimb.com 2022-01-11
SGX Stock Analyst Report HOLD MAINTAIN HOLD 2.110 SAME 2.110




Previous report by CGS-CIMB:
2021-10-07 Singapore Press Holdings (SPH) - Building Up PBSA & Aged Care Portfolio

Check out the most recent target prices at SPH Target Prices. Listing of analyst research reports at SPH Analyst Report.

Relevant links:
SPH Share Price History,
SPH Announcements,
SPH Dividends & Corp Actions,
SPH News Articles





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