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SPH has $1.2b war chest to invest in new projects

Group's 35% gearing gives it substantial borrowing capacity, CEO Alan Chan tells shareholders at AGM

Published Tue, Dec 1, 2015 · 09:50 PM
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Singapore

SINGAPORE Press Holdings (SPH) is in a strong financial position to tap new growth opportunities as the media group navigates new battlefields in a changing media landscape, said its top management on Tuesday.

"Shareholders may wish to note that actually we have a treasury of S$1.2 billion, so this is really our 'war ch…

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Lee Boon Yang

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