Singapore Press Holdings (SPH)

Profit before tax for the media segment plunged 76.8% to $7.5 million in 1QFY2020, from $32.3 million a year ago.

UMS Holdings

“While asset quality looks relatively assured, the decline in its media business does not appear to be abating,” UOB lead analyst Lucas Teng says in a Jan 6 report.

SINGAPORE (Dec 23): Singapore Press Holdings (SPH) is adding seven purpose-built student accommodation assets (PBSAs) to its portfolio for a price tag of £448 million ($806.4 million), the group reported on Monday. 

SINGAPORE (20 Dec) : Eight in 10 medical practitioners say Singapore’s healthcare system should focus more on disease prevention as Singaporeans live longer and are more likely to contract a chronic illness at an earlier age. Moreover, nearly half or 49

SINGAPORE (Oct 17): Singapore Press Holdings (SPH) is looking to cut 5% of staff from its media group as print revenue continues to slide. Following a review of its media business, SPH says it will be restructuring and streamlining its media and magazines

SINGAPORE (Oct 16): Singapore Press Holdings, via its wholly-owned subsidiary, SPH JPAM, has entered into a strategic partnership with asset managers Bridge C Capital Inc to set up an investment fund focused on investing in aged care and healthcare assets

SINGAPORE (July 26): Singapore Press Holdings is now the worst performer on the MSCI Singapore Index, as shares hover at a 25-year low, after a strategy to diversify into real estate has so far failed to offset sagging earnings from its media business.

SINGAPORE (July 12): Singapore Press Holdings (SPH) saw its earnings fall 44.1% to $26.2 million for the 3Q19 ended May, compared to $46.9 million a year ago.