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SPH trains eyes on long-term sustainability

The company, which is sitting on $1.7b of investible funds, will continue to look for accretive projects

Published Fri, Nov 29, 2013 · 10:00 PM

Singapore

SINGAPORE Press Holdings (SPH) has its eyes on the future of media and long-term sustainability as it figures out how to use its $1.7 billion cash hoard, chairman Lee Boon Yang told shareholders at the media and property group's annual general meeting yesterday.

"We continue to look for accretive projects for our long-term businesses," Mr Lee said. "We will also aim to maintain a return on our investment funds that is commensurate with risks."

Shareholders at the meeting focused on how SPH plan…

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