Shares & Derivatives
Why SPH needs to restructure itself
By The Fifth Person  •  June 28, 2017
The broad market apathy towards shares in Singapore Press Holdings belies the confidence with which the company is pursuing its next major property development project, and its solid track record in creating value in the real estate sector. The problem is that its core business remains newspaper publishing, which does not appeal to investors in the public market. The time may have come for a restructuring exercise that separates non-media assets from the group and sets its media division in a bold new direction as a privately held entity. SPH’s media business once generated reliable cash flows that it invested in other ventures, especially property development. But the dynamics of the media and property businesses have changed dramatically in the last 15 years. The internet is disrupting the traditional newspaper business, while major property developers have formed property securitisation platforms to support their growth. Having a property business and a ......
Read the full article
By The Fifth Person
The Fifth Person believes in spreading a message that financial literacy and sound investment knowledge can help people around the world achieve financial independence and lead better lives for themselves and their loved ones.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance