The media industry is undergoing structural changes, with a shift away from traditional printed media sources towards digital media. Another company here undergoing structural changes would be SingPost, which appointed Mr Paul Coutts as their new CEO. Mr Coutts has more than 20 years of experience in C-suite positions at major global logistics and postal companies.

Therefore, when SPH announced that Mr Ng Yat Chung would take over the role of CEO from Mr Alan Chan, an industry veteran, many investors wondered if Mr Ng was the right person to have the responsibility of turning around SPH's business. Most cited his poor record at Neptune Orient Lines, and lack of industry experience, given that he was previously from the military. 

I have summarised the various business segments of SPH. 



Falling Earnings and Dividends
SPH Annual Report 2016

SPH Annual Report 2016
SPH's recurring earnings and dividends have been on a consistent downtrend since 2012, and their dividend payout...