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Singapore Press Holdings (SPH)
Results
SPH Reit reports full year DPU of 5.4 cents
The FY2021 distribution includes 0.52 cents per unit in deferred distributable income from FY2020
October 04, 2021
Restructuring
SPH shareholders vote in favour of proposed restructuring
Of the shareholders, 97.6% voted in favour of the proposed restructuring.
September 10, 2021
Broker's Calls
Keppel REIT's potential acquisition of SPH REIT could be yield accretive: UOB KH
Keppel REIT is unlikely to "dabble" with SPH’s PBSA properties, says UOB KH.
August 12, 2021
Company in the news
Property-focused SPH to be acquired by Keppel after hiving off media assets
Ng Yat Chung, CEO of SPH, says the offer is the result of a strategic review process that has taken place over many months.
August 05, 2021
REITs
Taking SPH’s assets apart to recycle
Keppel plans to monetise SPH's portfolio, including its $1.4 billion PBSA portfolio, and to recycle the malls into SPH REIT
August 05, 2021
REITs
Taking SPH’s assets apart to recycle
Keppel plans to monetise SPH's portfolio, including its $1.4 billion PBSA portfolio, and to recycle the malls into SPH REIT
August 05, 2021
Broker's Calls
Proposed privatisation deal of SPH by Keppel Corp 'seems fair': analysts
CGS-CIMB has kept "add", while DBS and OCBC have maintained "hold" on SPH. The analysts have TPs ranging from $1.92 to $2.19.
August 05, 2021
Company in the news
SPH appoints Evercore Asia (Singapore) as independent financial advisor for proposed privatisation deal
A composite document containing Evercore’s advice and recommendations of the independent directors will be sent to shareholders
August 04, 2021
Company in the news
Keppel plays another lead role in ongoing remaking of Singapore Inc
Keppel’s proposed acquisition has again brought into light the M&A or restructuring activities of Temasek-linked companies.
August 04, 2021
Broker's Calls
Is a merger between Keppel REIT and SPH REIT on the cards? DBS seems to think so
The analysts at DBS also deem Keppel’s offer for SPH an attractive one, calling SPH a "rare synergistic fit" to the group.
August 04, 2021