SPH to convene EGM on Sept 10 to vote on proposed restructuring

Singapore

SINGAPORE Press Holdings (SPH) will hold a virtual extraordinary general meeting (EGM) at 2:30pm on Sept 10 to seek shareholders' approval on its proposed restructuring and formation of a new constitution.

The ordinary resolution to be tabled at the EGM relates to the proposed restructuring of SPH, which includes the transfer of its entire media assets to a newly formed public company limited by guarantee, or CLG, for a nominal consideration of S$1.