Clarist Zablan ,Singapore
It was recording a fall in revenue and circulation over the past few years.
Singapore Press Holdings (SPH) has confirmed that its majority-owned Malaysian subsidiary, BIHM Group has stopped operations from 30 April, according to a media release.
Its business was noted to have been declining over the past few years due to falling revenue and reduced circulation.
With the onset of the pandemic, there has limited visibility as to the duration and extent of the impact on the business, the company noted.
BIHM Group, which SPH owns 70% of, operates the group’s magazines business in Malaysia.
Since you're here...
...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.
Let us help you drive your business forward with a good partnership!