SPH subsidiary issues £83m notes on The International Stock Exchange

3 Jun 2021 - Singapore Business Review
Privilege Midco Limited, a UK-based wholly-owned subsidiary of SPH, issued all of its notes to its sole shareholder. Privilege Midco Limited (PML), a UK-based wholly-owned subsidiary of SPH has issued £ 83.17m unsecured loan notes, listed on The International Stock Exchange (TISE) on June 1. These have ...
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Yangzijiang continued as the strongest performing stock in May

1 Jun 2021 - Singapore Business Review
Which stocks led the Straits Times Index when it came to a total return basis last month? Yangzijiang Shipbuilding continued to be the strongest Straits Times Index (STI) stock in May, the Singapore Exchange (SGX) said in a report. This was followed by Sembcorp Industries, OCBC, DBS and CapitaLand. The ...
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Economy recovered to pre-COVID levels in Q1: Morgan Stanley

19 May 2021 - Singapore Business Review
The multinational investment bank expects Singapore to reach GDP growth of above 8% in 2021. Singapore’s economy likely recovered to pre-COVID-19 levels in the first quarter, according to Morgan Stanley’s mid-year outlook. The multinational investment bank forecasts a full year GDP growth of 8% for 2021, ...
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A*Star trumps tech giants Google and Apple in top employer rankings

19 May 2021 - Singapore Business Review
Universum surveyed 10,000 students for their top employer of choice. Government-backed A*Star beat out tech giants Google and Apple as the top employer of choice for students in the engineering and natural sciences industry, a survey by Universum revealed. Singapore’s leading public sector R&D agency ...
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Government to support SPH restructuring proposal: Iswaran

12 May 2021 - Singapore Business Review
The Minister for Communications and Information S Iswaran has said the government is willing to help SPH's media business go non-profit. The government has studied and will support Singapore Press Holdings' (SPH's) move to transfer its media-related businesses to a company limited by guarantee (CLG). ...
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SPH salvages media business by going non-profit

7 May 2021 - Singapore Business Review
Singapore Press Holdings' media business bled red in the last financial year. Singapore Press Holdings Limited (SPH) announced that it will transfer its media business to a not-for-profit entity. In a bourse disclosure, the company announced that its relevant subsidiaries, employees, News Centre, Print ...
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Investors jittery over resurgence of COVID cases

13 Apr 2021 - Singapore Business Review
The global statistics of confirmed COVID cases have returned to early January levels, dampening investor appetite. Equity markets may have performed comparatively strongly for the first quarter of the year, but this might soon change, according to the Singapore Exchange (SGX). For the first quarter, ...
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Council for Board Diversity still falls short of WOB goals

13 Apr 2021 - Singapore Business Review
The slower rate of women director appointments is said to be a local issue in Singapore. Singapore’s Council for Board Diversity (CBD) has announced that women’s participation on boards (“WOB”) increased in 2020 but still fell short of the goals set in 2019. The largest 100 primary-listed companies on ...
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Singapore organisations still falls short of WOB goals: CBD

12 Apr 2021 - Singapore Business Review
The slower rate of women director appointments is said to be a local issue in Singapore. Singapore’s Council for Board Diversity (CBD) has announced that women’s participation on boards (“WOB”) increased in 2020 but organisations in the people, public and private sectors have yet to achieve the targets ...
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SPH undertakes strategic review of business

1 Apr 2021 - Singapore Business Review
The media giant says it is trying to maximise long-term shareholder value. Following high net income figures for the first half of the year, Singapore Press Holdings (SPH) has announced that it is undergoing a strategic review. "While SPH’s Media business continues to face a challenging operating environment ...
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