According to SPH, the listed company model is no longer financially sustainable for SPH Media.
Follow us on Facebook and join our Telegram channel for the latest updates.
Singapore Press Holdings (SPH), on May 6, announced that it will be transferring its media business into a not-for-profit entity.
The move, which was made as part of SPH’s strategic review that was announced on March 30, came about amid the ongoing challenge of declining advertising revenue.
Never miss out on important financial news and get daily updates today
×
Download The Edge Singapore App
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
