Singapore Press Holdings (SPH)

SINGAPORE (Sept 28): If Axiata rejects the pre-conditional voluntary general offer (VGO) by Keppel and SPH to acquire M1 at $2.06 per share, the deal still goes through as it takes another effective 18% from the market to gain 51%, say analysts.

SINGAPORE (Sept 27): Keppel Corporation and Singapore Press Holdings, through a jointly held offeror Konnectivity, is making a pre-conditional voluntary general offer for M1.

(Sept 26): Singapore Press Holdings (SPH) and an arm of Keppel Corp are considering making a buyout offer for M1, Singapore’s smallest wireless operator, people with knowledge of the matter said.

SINGAPORE (Sept 24): Keppel Corporation (KEP) announced that it is considering a transaction involving its indirect interest in M1, together with Singapore Press Holdings (SPH).

SINGAPORE (Sept 13): CGS-CIMB Research is keeping its “add” call on Singapore Press Holdings (SPH) with an unchanged target price of $2.88, implying an upside of 7.5%.

SINGAPORE (Sept 11): OCBC Investment Research is maintaining its “hold” call on Singapore Press Holdings (SPH) with an unchanged fair value estimate of $2.52, following the latter’s acquisition of a $321 million portfolio in the UK.

SINGAPORE (Sept 10): Singapore Press Holdings (SPH) has acquired a student accommodation portfolio in the UK for $321 million.

SINGAPORE (July 12): DBS Vickers Securities is maintaining its “hold” call on Singapore Press Holdings (SPH) with a lower target price of $2.58 compared to $2.60 previously, after lowering FY19-20F earnings by 21-35% on slower residential property sal

SINGAPORE (July 11): Singapore Press Holdings reported 3Q18 earnings increased 64.3% to $47.4 million from $28.9 million in 3Q17 on the back of lower impairment charges.

SINGAPORE (June 13): UOB Kay Hian is maintaining its “hold” call on Singapore Press Holdings (SPH) with a higher target price of $2.46.