Singapore Press Holdings (SPH) announced Monday Tan Kang Uei Anthony, age 48, would step down as deputy CEO, effective 7 December.
Tan will be joining MOH Holdings as its managing director on 15 December, SPH said in a filing to SGX.
Tan, who had been appointed to his role in mid-2016, has been overseeing SPH’s media business, including flagship titles such as The Straits Times and Lianhe Zaobao, as well as the magazines and radio network, the filing said.
He also manages the group’s aged-care business in Singapore and Japan, and the Seletar Mall and SGCarMart businesses, SPH said.
Tan holds 156,948 SPH shares, one management share of The Straits Times Press (1975), one management share of Singapore News and Publications Ltd. and 30,000 units of SPH REIT, the filing said.
As part of its restructuring, SPH will be spinning its media businesses out into a separate, not-for-profit entity, with the deal expected to be completed in December.
Currently, SPH is undergoing a bidding tug-of-war between the Cuscaden Peak consortium and Keppel Corp., although Cuscaden Peak appears to have carried the day with a higher bid announced Monday.
MOH Holdings is the holding company for Singapore’s public healthcare clusters, such as Singapore Health Services (SingHealth), National University Health System (NUHS) and National Healthcare Group.
In 2021, Tan was the recipient of a National Day Award, the Public Service Medal, from the Prime Minister’s Office.