SINGAPORE Press Holdings (SPH) cannot rely on cost cutting measures to prosper. Instead, it is focusing on digitising its core media business while actively seeking out cash-yielding property invesments in defensive sectors, said chief executive Ng Yat Chung at the company's annual gene...

NEWLY independent after completing a management buyout of its shares from Singapore Press Holdings (SPH) on Nov 13, financial media and technology company ShareInvestor is looking forward to striking out on its own. It has big plans for regional market expansion in the next two years.

THE Woodleigh Residences sold 60 per cent of the 50 units released for sale during the soft launch, which prompted joint developers Kajima Development and Singapore Press Holdings to release another 50 units.

SINGAPORE (Nov 5): Telco veteran Manjot Singh Mann will join M1 as its new CEO on Dec 6, as current CEO Karen Kooi Lee Wah retires after 23 years with the group. Pending developments related to Konnectivity’s pre-conditional offer for M1 shares, Kooi will remain on the board as a director of M1. ...

SINGAPORE (Nov 5): CGS-CIMB Securities is downgrading M1 to “hold” with an unchanged target price of $2.06 on expectations the Voluntary General Offer (VGO) will go through and that Axiata is unlikely to make a counter-bid at a much higher price. As at 1.31pm, shares in M1 are trading 1 cent lo...

SINGAPORE Press Holdings' wholly-owned subsidiary Quotz has subscribed for 1.5 million shares from sgCarMart Financial Services for S$1.5 million.

SINGAPORE Press Holdings (SPH) is divesting its entire stake in wholly-owned subsidiary ShareInvestor.com Holdings for S$17 million, in a management buyout by ShareInvestor's CEO Christopher Lee and chief operating officer Lim Dau Hee, together with several key managers and private inve...

SINGAPORE Press Holdings (SPH) is divesting its entire stake in wholly-owned subsidiary ShareInvestor.com Holdings for S$17 million, in a management buyout by ShareInvestor's CEO Christopher Lee and chief operating officer Lim Dau Hee, together with several key managers and private inve...

SINGAPORE Press Holdings (SPH) and Y3 Technologies on Monday launched a business-to-business (B2B) e-commerce platform, OctoRocket.asia, to enable suppliers in South-east Asia to sell across borders in the region more effectively.

SINGAPORE (Oct 22): Keppel Corp — once the world’s largest jack-up rig manufacturer — is taking a few steps to boost its earnings independently of the oil price rebound and a possible recovery in the global offshore and marine (O&M) sector. For the past 2½ years, Keppel has had to lean ...

SINGAPORE (Oct 22): Michael Milken, the junk bond king of the 1980s, is still remembered as much for his role in developing the market for high-yield bonds as the securities violations that led to his paying massive fines, serving jail time and being permanently banned from the securities business....

SINGAPORE (Oct 24): M1 reported 3Q18 earnings fell by 5.3% to $34.4 million from $36.3 million in 3Q17. This brings 9M18 earnings to $105.7 million, 0.8% lower than $106.6 million in 9M17. Operating revenue for the quarter was 10.1% higher at $274.6 million from $249.5 million in the previous year....

SINGAPORE (Oct 23): Despite the new property development policies, City Developments and Oxley debuted their latest properties, Whistler Grand and Kent Ridge Hill Residences respectively, last weekend. The two projects are targeted to launch officially on Nov 3. As at 1.20pm, shares in City Develop...

THE outdoor media arm of Singapore Press Holdings has unveiled Singapore's largest sequential LED-lit billboard at Scotts Square.

THE outdoor media arm of Singapore Press Holdings (SPH) has unveiled Singapore's largest sequential LED-lit billboard at Scotts Square. 

SINGAPORE (Oct 17): Keppel Telecommunications & Transportation (Keppel T&T) announced that its 3Q18 earnings have dropped by 12.3% to $11.8 million, compared to $13.5 million in 3Q17. In 9M18, earnings saw a 32.4% increase to $47.2 million from $35.7 million in 9M17. Revenue for the quarter ...

SINGAPORE (Oct 17): Analysts across three brokerages – UOB Kay Hian, OCBC Investment Research, and CGS-CIMB Research – have “hold” recommendations on Singapore Press Holdings (SPH), as the group performed below expectations for FY18. SPH saw its full-year earnings fall 19.7% to $281.1 millio...

SINGAPORE (Oct 15): When I started investing in the 1990s, I quickly became intrigued by companies with assets that were overlooked by the market. In some cases, the asset in question was simply a pile of cash or liquid securities. Other times, it was a strategically located parcel of land that coul...

Submitted By:  Luz Wendy Noble Case Study:  No Operating revenue from the media segment slipped 9.6% to $725.4m. Singapore Press Holdings (SPH) saw its profits go d...

MEDIA and property group Singapore Press Holdings (SPH) on Monday reported a 19.7 per cent fall in net profit for the year ended Aug 31, due partly to the absence of the one-off gain from divestment of a joint venture in FY2017.

SINGAPORE (Oct 15): Singapore Press Holdings (SPH) has announced that its FY18 earnings have dropped by 19.7% to $281.1 million, from $350.1 million in FY17. Operating revenue for the financial year ended Aug 31 came in 4.8% lower at $982.6 million, compared to $1.03 billion in the same period last ...

Submitted By:  Luz Wendy Noble Case Study:  No The acquisition cost is estimated at $500m. Buying Seletar Mall could buoy Singapore Press Holdings (SPH) REIT, DBS E...

Submitted By:  Luz Wendy Noble Case Study:  No DPU inched up 0.7% to $0.143. Singapore Press Holdings Real Estate Investment Trust (SPH REIT) saw its net property i...

SINGAPORE (Oct 5): Institutional investors are buying shares of M1 at levels above the offer price from major owners Keppel Corp and Singapore Press Holdings, showing they are  betting on an increase in the bid. The Keppel-SPH offer is at $2.06, and M1 is currently at $2.10 as at 11.39am. After Thu...

SINGAPORE (Oct 1): Changes in dynamics between Singapore’s telco players could see StarHub or M1 turn acquirer during an industry consolidation in two to three years, says UOB KayHian. In a Monday report, UOB KayHian analyst Jonathan Koh says possible M&A scenarios include StarHub acquiring TP...

SINGAPORE (Oct 1): UOB Kay Hian is maintaining its “overweight” rating on the telecommunications sector in Singapore despite the launch of the new range of Apple iPhones – the XS, XS Max and XR. Telcos typically suffer from hefty handset subsidies following the launch of flagship mobile phones...

PHOTONICO, a new digital photo marketplace featuring Asian contemporary culture and heritage photography, has been launched by Singapore Press Holdings (SPH).

SHARES of StarHub stirred to life on Thursday, boosted by news that Keppel Corp and Singapore Press Holdings are making a buyout offer for rival telco M1, in a deal which values the telco at over S$1.9 billion.

SINGAPORE Press Holdings (SPH) on Thursday said that it will use a machine-learning powered solution for dynamic paywalls and personalised customer journeys across its media platforms to increase subscription.

Submitted By:  Luz Wendy Noble Case Study:  No M1's biggest shareholder thinks that the offer which could hit about $930m is 'inadequate'. M1’s la...