SPH salvages media business by going non-profit

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No 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 Centre, their respective leaseholders, and all related intellectual property and information technology assets would be incorporated to SPH Media Holdings Pte Ltd (SPH Media), a wholly-owned subsidiary. read more