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Singapore Press Holdings (SPH)
Global Economy
Briefs: Keppel counters with ‘final offer’ for SPH; Singapore Malaysia to launch VTL
This week, ERA has also signed an MOU with Endowus to promote financial literacy.
November 11, 2021
Right Timing
Although REIT IPO fails to lift SGX, price attempts to bottom
The new REIT IPO has failed to lift the SGX out of its doldrums, but the soon to be listed SPACs could revive interest.
November 11, 2021
M&A
Keppel raises offer for SPH to $2.351 per share, tops Cuscaden Peak's $2.10
SPH acknowledges that Keppel’s final offer is superior to the competing offer from Cuscaden Peak
November 10, 2021
Broker's Calls
Broker's Digest: CICT, KORE, SPH, MNACT, Japfa, Far East Hospitality Trust
See the analysts' recommendations and target prices here.
November 03, 2021
Broker's Calls
SPH shareholders should accept Keppel's offer as respective REITs see rally: UOB Kay Hian
UOB Kay Hian Research analysts recommend shareholders to accept “the highest offer” on the table: the original bid by Keppel.
November 02, 2021
M&A
With a surprise all-cash potential bid, what does Temasek-linked consortium see in SPH?
"Temasek is at the center of these two transactions, something must have changed for this to have come about."
October 29, 2021
M&A
Consortium comprising Mapletree, CLA, Ong Beng Seng and Hotel Properties make rival offer for SPH
The consortium has proposed a consideration of $2.10 per share fully paid out in cash.
October 29, 2021
Broker's Calls
With potential SPH merger, analysts ask if Keppel REIT is the hunter or the hunted
"SPH REIT has a greater chance of making the acquisition yield accretive... Keppel REIT could be the acquiree."
October 28, 2021
Broker's Calls
UOB Kay Hian calls SPH FY21 results 'a stark rebound', recommends investors accept Keppel's offer
“We recommend shareholders to accept Keppel’s offer at $2.099/share given the fair valuation of SPH."
October 07, 2021
Results
SPH reports swansong earnings of $92.9 million for FY2021
SPH plans to pay a final dividend of three cents, bringing full year payout to six cents, versus 2.5 cents paid last year.
October 05, 2021