SPH

SPH Media Trust is incorporated as a public company limited by guarantee.  It has several business segments in the media industry, including the publishing of newspapers, magazines, and books in both print and digital editions.

See below for the Latest SPH News, Analysis, Profit Results, Share Price Information, and Commentary. 

What's next after Cuscaden gets SPH's non-media assets

UOB Kay Hian said Cuscaden might make a mandatory offer of $0.964 per share.

SPH shareholders vote in favour of privatisation

94.25% of votes supported the initiative. 

Acquisition dispute: Keppel unit pursues arbitration action vs SPH

The move came after SPH terminated an implementation agreement related to Keppel’s takeover bid.

SPH REIT malls remain healthy at 98.8% occupancy rate

The Australia portfolio performed better than that of Singapore.

Keppel shareholders give go signal for SPH acquisition proposal

98.22% of voters were in agreement with the initiative. 

Cuscaden Peak bags AU regulatory approval of SPH acquisition scheme

It also waived its right to walk away from potential material adverse effects.

SPH announces completion of media restructuring

This includes all media-related assets and 2,500 employees.

SPH bidding war: Keppel waives its walk-away right under MAE clause

CEO Loh Chin Hua said the move was a “deliberate decision” on Keppel’s part.

Keppel stands firm on $2.351 per SPH share offer

Keppel calls its offer compelling and a win-win proposition.

Temasek-backed Cuscaden announces offer for SPH

Two options were elaborated in their announcement. 

Keppel cash component for SPH up 12% to $0.868 per share

This represents a total revised scheme consideration of $2.35.

Cuscaden obliged to offer $0.964 chain offer price per SPH REIT unit

This is based on the average daily VWAP of the units within the last 20 trading days.

SPH REIT posts negative rental reversion of 8.4%

This is due to weak retail leasing sentiment.

SPH bounces back with 69.8% increase in operating profit

This follows after SPH restructured its media business.

SPH REIT net property income up 11.4% YoY

Its distribution per unit is up 98% YoY to 5.40 cents for FY2021.

SPH shareholders to push in favor of restructuring

The media business would be transferred to a not-for-profit entity.