Singapore Press Holdings (SPH)

SINGAPORE (Jan 31): Keppel Corp and Singapore Press Holdings (SPH), through offer vehicle Konnectivity, and together with concert parties and valid acceptances, have amassed a total stake of 34.41% in M1.

(Jan 30): Malaysian wireless giant Axiata Group Bhd is caught in a bind as it weighs whether to exit its decade-long investment in Singapore operator M1.

(Jan 23): A buyout offer for M1 four months ago still doesn’t have the backing of a bulk of shareholders. And yet, Keppel Corp and Singapore Press Holdings have refused to budge on the initial offer price.

SINGAPORE (Jan 11): Singapore Press Holdings (SPH), the media and property group, reported 1Q19 earnings dropped by 6.3% to $57.9 million, due to a 74.3% decline in contribution from investments as the Treasury & Investment portfolio was partially diveste

SINGAPORE (Jan 8): OCBC Investment Research is revising its “hold” rating on M1 to “accept the offer” while maintaining its current fair value estimate of $2.06 per share.

SINGAPORE (Oct 17): Analysts across three brokerages – UOB Kay Hian, OCBC Investment Research, and CGS-CIMB Research – have “hold” recommendations on Singapore Press Holdings (SPH), as the group performed below expectations for FY18.

SINGAPORE (Oct 15): Singapore Press Holdings (SPH) reported FY18 earnings fell 19.7% to $281.1 million from $350.1 million in FY17.

SINGAPORE (Oct 5): Institutional investors are buying shares of M1 at levels above the offer price from major owners Keppel Corp and Singapore Press Holdings, showing they are  betting on an increase in the bid.

(Oct 2): Axiata Group Bhd’s dream of building a carrier that spans southern Asia from Singapore to Pakistan, Indonesia and India is fading as it risks losing hold of overseas units to rivals.