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M&A
SPH shareholders to vote on Cuscaden Scheme on March 22
SPH shareholders need to vote on two resolutions in scheme meeting first before opting for cash option
February 28, 2022
Company in the news
SPH given go ahead to hold scheme meeting to vote on Cuscaden's offer
SPH had earlier rebuffed Keppel's offer
February 14, 2022
M&A
Cuscaden Peak, Keppel's rival bidder for SPH, has cleared all regulatory hurdles
Cuscaden Peak had earlier gotten go-ahead from MAS and IMDA.
December 02, 2021
M&A
Cuscaden confirms chain offer for SPH REIT, if made, will be 96.4 cents
Cuscaden last Friday Cuscaden indicated its plan to offer $2.10 per share for SPH
November 01, 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
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
Results
SPH's digital circulation grows while print ad revenue declines, EGM expected in Aug-Sept
SPH notes “little scope” for further cost cuts without impairing the quality of its newspapers, as production costs rise.
July 19, 2021
Company in the news
SPH to cut loose former core media business with $351.3 million send-off package
“The purpose of doing this is so SPH Media will continue to do the job that we have done so well for so long!”
May 07, 2021
Right Timing
STI ready for a respite; Keppel rising to the challenge
As the STI's consolidates its gains, Keppel Corp and Mandarin Oriental appear set to challenge key resistances
April 08, 2021