SPH on the lookout for bigger projects
Singapore
SINGAPORE Press Holdings (SPH) is on the lookout for "bigger projects" to support the group's overall business, chairman Lee Boon Yang said, citing declining core media business.
"As revenue from core media business is continuing to decline, we need other investments to support the overall business of the group and to increase revenue and profit," Dr Lee said on Thursday at the group's annual general meeting at the SPH News Centre.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
ARA H-Trust to sell 2 Hyatt House hotels for US$31 million
Stocks to watch: Frasers Hospitality Trust, AEM, ARA H-Trust, Mermaid Maritime
Frasers Hospitality Trust H1 DPS falls 13.7% to S$0.01091 on higher finance costs
Manulife profit beats on growth in Asia, wealth management
Hong Kong woos Saudi money in attempt to revive stock market
AMC reports first-quarter loss with fewer studio film releases