Singapore Press Holdings to cut 5 percent of media staff in restructuring
SPH said Thursday it would cut 5% of its media staff in a restructuring which includes changes to ad sales practices and content sharing across titles and platforms.
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Singapore Press Holdings reports FY net profit dropped 23 percent
SPH reported Thursday its full FY net profit dropped 23.4% on-year to S$213.21 million, mainly on the absence of a year-ago one-off gain from a divestment.
SPH ties up with Bridge C Capital to create Japan aged-care fund
SPH tied up with Bridge C Capital to set up a fund to invest in Japanese healthcare assets, the media and property company said Tuesday.
SPH posts S$38 million revaluation gain on student housing properties
Singapore Press Holdings, or SPH, posted Monday a 22.8 million pound, or around S$38.4 million, revaluation gain on its student accommodation portfolio.
Singapore share buybacks Wednesday: Yangzijiang, SPH, Stamford Land, China Sunsine
These are Singapore companies which announced share buybacks on Wednesday, 4 September 2019: SPH, Yangzijiang, Stamford Land, China Sunsine and Rex.
Singapore share buybacks Tuesday: Yangzijiang, SPH, China Sunsine, HRnetGroup
These are Singapore companies which announced share buybacks on Tuesday, 3 September 2019: SPH, Yangzijiang, HRnetGroup, China Sunsine and CDW Holding.
Singapore share buybacks Monday: Yangzijiang, SPH, HRnetGroup, Japfa, Stamford Land
Singapore companies which announced share buybacks on Monday, 2 September 2019: Yangzijiang, SPH, Stamford Land, Japfa and HRnetGroup.
Singapore share buybacks Monday: DBS, SPH, Yangzijiang, Maxi-Cash, Stamford Land
These are Singapore companies which announced share buybacks on Monday, 26 August 2019: DBS, Yangzijiang, SPH, Stamford Land and Maxi-Cash.
Singapore share buybacks Wednesday: SPH, Keppel REIT, Boustead, Japfa, Singapore Shipping
These are Singapore companies which announced share buybacks on Wednesday, 31 July 2019: SPH, Keppel REIT, Boustead Singapore and Japfa.
UPDATE: Singapore stocks to watch Wednesday: MINT, Frasers Centrepoint, Sembcorp, Venture
These are Singapore companies which may be in focus on Wednesday, 24 July 2019: Mapletree Industrial Trust, Frasers Centrepoint Trust, Sembcorp and Venture.
Singapore share buybacks Monday: SPH, Olam, Straits Trading, Trek 2000, Duty Free
These are Singapore companies which announced share buybacks on Monday, 22 July 2019: SPH, Olam, Straits Trading, Trek 2000 and Duty Free.
Singapore share buybacks Friday: SPH, Olam, Straits Trading, Duty Free, KSH
These are Singapore companies which announced share buybacks on Friday, 19 July 2019: SPH, Olam, Straits Trading, Duty Free and KSH.
Singapore share buybacks Tuesday: SPH, Olam, Duty Free, Straits Trading
These are Singapore companies which announced share buybacks on Tuesday, 16 July 2019: SPH, Olam, Duty Free, Straits Trading and Trek 2000.
SPH reports fiscal 3Q net profit tumbled 44 percent amid lower print ad revenue
Singapore Press Holdings reported Friday its fiscal third quarter net profit tumbled 44.1 percent on-year to S$26.20 million amid lower print ad revenue.
Keppel to acquire stakes in Prime US REIT and its manager
Keppel said Friday it agreed to acquire a 30 percent interest in KBS US Prime Property Management, the proposed manager of Prime US REIT, for US$21.6M.
UPDATE: Singapore stocks to watch Monday: City Developments, Singapore Airlines, Oxley, SPH
These are Singapore companies which may be in focus on Monday, 10 June 2019: City Developments, Singapore Airlines, Oxley and SPH.
SPH enters 205 million pound term loan with OCBC and Standard Chartered
SPH said Tuesday it entered a four-year term loan facility of 205 million British pounds with OCBC and Standard Chartered Bank (Singapore).
UPDATE: Singapore stocks to watch Monday: Keppel, CapitaLand, CMT, Genting Singapore, ST Engineering
These are Singapore stocks which may be in focus on Monday, 3 June 2019: Genting Singapore, ST Engineering, OUE, SPH and Perennial.
SPH prices S$150 million of subordinated perpetual securities
Singapore Press Holdings priced an offering of S$150 million of subordinated perpetual securities at 4.50%, the media and property company said Thursday.
UPDATE: Singapore stocks to watch Friday: UOB, Great Eastern, ARA US Hospitality, OUEHT, SembMarine
These are Singapore companies which may be in focus on Friday, 3 May 2019: UOB, SembMarine, Frasers Property, ARA US Hospitality, OUEHT and Great Eastern.
UPDATE: SPH, Perennial Real Estate to divest Chinatown Point Mall stakes
Perennial Real Estate said Monday it entered a deal to divest its effective 50.64 percent stake in Chinatown Point Mall for S$225 million.
SPH acquires UK student accommodation assets for around S$237 million
SPH said Tuesday it acquired a portfolio of student accommodation assets in the U.K. for around 133.7 million British pounds, or around S$237 million.
UPDATE: SPH reports fiscal 2Q net profit fell nearly 26 percent on lower print ad revenue
Singapore Press Holdings reported Tuesday its fiscal 2Q net profit dropped 25.7% on-year to S$29.69 million on lower print ad and circulation revenue.
Konnectivity takeover offer for M1 closes
Konnectivity said Monday its M1 takeover bid has closed with control of 94.55% of the Singapore telco’s shares; it will compulsorily acquire the remainder.
Konnectivity: M1 options will lapse once compulsory share acquisition is complete
Konnectivity said Friday M1 options will lapse once it completes the compulsory acquisition of the rest of the Singapore telco’s shares.
Konnectivity to compulsorily acquire rest of M1 shares
Konnectivity said Wednesday it would compulsorily acquire all the M1 shares from holders who haven’t accepted its takeover bid and then delist the telco.
M1 to be delisted as takeover acceptances top 90 percent
M1 will be delisted from the SGX as acceptances of the takeover bid for the Singapore telco have crossed over 90 percent, Konnectivity said Wednesday.
Takeover offer for M1 turns unconditional as Axiata tenders stake
Konnectivity’s bid for M1 has become unconditional after one of the Singapore telco’s major shareholders, Malaysia-based Axiata, tendered its shares.
UPDATE: Konnectivity: M1 bid price won’t be raised
Konnectivity, the bidder for M1 said on Tuesday that it doesn’t intend to raise its S$2.06 a share offer and that it would extend the…
UPDATE: Singapore stocks to watch Monday: Capitaland, SPH, Qian Hu, Sembcorp, No Signboard, Keppel, Creative
These are Singapore stocks which may be in focus on Monday, 14 January 2019: CapitaLand CapitaLand entered a deal with Temasek’s Ascendas-Singbridge, or ASB, to…
UPDATE: SPH reports fiscal 1Q net profit fell 6.3 percent as investment income dropped
Singapore Press Holdings, or SPH, reported on Friday that its fiscal first quarter net profit fell 6.3 percent on-year to S$57.9 million as investment income…
SPH REIT taps Benjamin Kuah Hsien Yiao as chief financial officer
The manager of SPH REIT tapped Benjamin Kuah Hsein Yiao, age 38, as chief financial officer, replacing Soon Suet Har, age 45, it said in…
UPDATE: Konnectivity: To proceed with offer to buy M1 shares
Konnectivity will proceed with its offer to acquire all outstanding shares of Singapore telco M1 at S$2.06 each after the pre-condition of regulatory approvals was…
UPDATE: Singapore stocks to watch Wednesday: Sunpower, CapitaLand Mall Trust, Hyflux, Keppel Infrastructure
These are Singapore stocks which may be in focus on Wednesday 21 November 2018: Sunpower Group Sunpower Group said on Tuesday that two major shareholders’…
UPDATE: Singapore stocks to watch Monday: DBS, Manulife US REIT, OCBC, Venture, Chip Eng Seng
These are the Singapore stocks which may be in focus on Monday 5 November 2018: DBS Singapore’s largest bank DBS said on Monday that its…
Singapore stocks to watch Thursday: OCBC, SPH, Ascott Residence Trust, FLT, Sasseur REIT
These are Singapore stocks which may be in focus on Thursday 1 November 2018: OCBC OCBC Bank reported its third quarter net profit rose 12…
Singapore share buybacks Tuesday: Singapore Exchange, SPH, Global Palm, Keppel REIT
These are Singapore companies which announced share buybacks on Tuesday 30 October 2018: Singapore Exchange Singapore Exchange said on Tuesday that it bought back 65,000…
Singapore stocks to watch Tuesday: Noble, Keppel Infrastructure Trust, SPH, POSH, Raffles Medical
These are Singapore stocks which may be in focus on Tuesday 30 October 2018: Noble Group Noble Group warned on Monday that it expected to…
Singapore share buybacks Thursday: SGX, SPH, Keppel REIT, Straits Trading
These are Singapore companies which have bought back shares on Thursday 25 October 2018: Singapore Exchange Singapore Exchange said on Thursday that it bought back…
UPDATE: Singapore share buybacks Wednesday: SPH, Keppel REIT, Stamford Land, SunMoon Food
These are Singapore companies which bought back shares in the market on Wednesday 24 October 2018: Singapore Press Holdings Singapore Press Holdings said on Wednesday…