SPH to step up transformation via wide-ranging projects: chairman

Singapore

SINGAPORE Press Holdings (SPH) will step up transformation by embarking on wide-ranging projects to rejuvenate, reinvent and reposition itself in order to seek new growth areas, chairman Lee Boon Yang said, citing challenges led by disruption from social media and digital advertising.

The group will press on to strengthen its core media business with quality content, strategic partnerships and technological innovations, Dr Lee on Friday said at the group's annual general meeting (AGM) at the SPH News Centre, which was attended by 580 shareholders.

"For the core media business which remains a very important part of our business st…