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SPH to divest entire stake in ShareInvestor.com Holdings
Published Wed, Oct 31, 2018 · 10:10 AM — Updated Tue, Jan 2, 2024 · 09:12 PM
SINGAPORE Press Holdings (SPH) is divesting its entire stake in wholly-owned subsidiary ShareInvestor.com Holdings for S$17 million, in a management buyout by ShareInvestor's CEO Christopher Lee and chief operating officer Lim Dau Hee, together with several key managers and private investors.
The process is expected to be completed in mid-November. It will cease to be a subsidiary of SPH upon completion of the transaction.
Founded in 1999, ShareInvestor focuses on investor relations, market data and investor education.
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