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SPH to divest convenience store chain Buzz; retains right to sell its publications in outlets

Published Mon, Apr 27, 2020 · 09:50 PM

Singapore

SINGAPORE Press Holdings (SPH) announced after trading hours on Monday that it will be divesting its wholly-owned subsidiary Buzz Shop to Thai-Pore Enterprise for an undisclosed sum.

No value was given for the divestment, which is expected to be completed after the satisfaction of a condition, which is to obtain consent from landlords.

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