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SPH- The New Transformer And Interesting Points To Note
By Investment Income for Life  •  July 14, 2018
SPH recently announced its 3rd quarter ending 30 June 2018 financial results and more insights into Management strategy in its Property Business. While investors must be happy to know that SPH is embarking on a transformation journey by riding on its new growth engine, the traditional Media business is still in doldrums.  Key Highlights: 1. New strategy by SPH is to focus on the acquisition of cash yielding, real estate assets overseas.  2. SPH is particularly interested in Aged Care business which it believes to be a recession proof business. There are also opportunities for investments into overseas student care accommodation. Recently, Temasek via Mapletree had invested over 1 billion into UK student Housing. 3. The Property segment of SPH currently contributes approximately 60% of its profit. The diversification strategy into Property business has been very successful and it has continued to provide a steady income stream and stability...
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By Investment Income for Life
I am an Accountant by training and is currently working in a global MNC in the Supply Chain industry. During my free time, I enjoy reading up on topics such as stock investing, insurance planning and property investment. Since 2012, I have started penning down my thoughts on certain financial matters while striving to achieve financial independence.
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